LTTS to sell Smart World unit for Rs 452 crore to refocus on AI strategy

LTTS to sell Smart World unit for Rs 452 crore to refocus on AI strategy

Under the business transfer agreement, the buyer will be a joint venture between ParadigmIT and AM Intelligence Labs Private Limited, promoted by the founders of the Greenko Group.

L&T Technology Services (LTTS) on Thursday said it will sell its Smart World and Communication (SWC) division to AMI Paradigm Solutions as part of its five-year strategy to refocus on AI-led digi… [+2218 chars]

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LTTS to sell Smart World unit for Rs 452 crore to refocus on AI strategy - FHMnews