LTIMindtree has bagged a deal worth $450 million for over seven years — its largest — from a global agribusiness leader, the IT company said in an exchange filing on Monday.
The announcement comes two weeks after Venu Lambu, chief executive officer (designate), told FE that the company is “in a very favourable position for a couple of very large deals, which we might announce in a few weeks”.
As part of the deal, LTIMindtree will implement an AI-powered operating model to provide application management, infrastructure support, and cybersecurity services. The full range of IT services will be built on platforms such as SAP S/4HANA, ServiceNow, Microsoft Azure, and LTIMindtree’s own AI frameworks. These services aim to improve the client’s operational efficiency, scalability, and global expansion.
“Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity,” Lambu had said. “We are proud to be the trusted partner for one of the world’s most respected agribusiness companies.”
“Winning this important deal underscores our strength in crafting innovative solutions and delivering with excellence,” said Nachiket Deshpande, president – global AI services, strategic deals, LTIMindtree.
Samir Gosavi, chief business officer – retail and CPG, LTIMindtree, said, “This win marks a major breakthrough for our consumer services business. Our AI-driven operating model will drive measurable business impact in an industry that’s evolving rapidly.”