Larsen & Toubro Infotech

Larsen & Toubro Infotech (LTI) is a global technology consulting and digital solutions company that was established in 1997. It is a subsidiary of Larsen & Toubro, a leading Indian multinational conglomerate. LTI is headquartered in Mumbai, India, and has a global presence with offices in 30 countries.

Industry

Information Technology and Services

Company Size

With a workforce exceeding 82,378 employees, Infosys boasts a vast talent pool committed to digital innovation.

Product, Services and Operations

LTI offers a wide range of services including IT consulting, digital and technology services, and automation solutions. The company operates across various sectors such as banking, insurance, manufacturing, energy, and healthcare.

Funding Details

Being a publicly-traded company, LTI's funding comes from its shareholders. As of 2021, its market capitalization is approximately $6.5 billion.

Acquisitions

LTI has made several acquisitions to expand its service offerings and global footprint. Notable acquisitions include Syncordis in 2017, a leading Temenos implementation services provider, and PowerupCloud Technologies in 2019, a cloud consulting company.

Awards and Achievements

LTI has received numerous awards and recognitions for its services. In 2020, it was recognized as a Leader in Gartner's Magic Quadrant for Data and Analytics Service Providers. It was also named as a Leader in Everest Group's PEAK Matrix for Cloud Services in 2020.

Revenue

In financial year 2022, L&T Infotech (LTI) had a revenue of U.S $2.1 billion.