{"id":13779,"date":"2023-05-30T17:31:45","date_gmt":"2023-05-30T12:01:45","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=13779"},"modified":"2023-05-30T17:32:25","modified_gmt":"2023-05-30T12:02:25","slug":"ltimindtree-merger-synergistic-growth-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ltimindtree-merger-synergistic-growth-potential\/","title":{"rendered":"LTIMindtree Merger: Synergistic Growth Potential"},"content":{"rendered":"

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”.vc_custom_1685448133407{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}”]LTIMindtree was formed due to the merger of two mid-sized IT services companies, L&T Infotech (LTI) and Mindtree resulting in the merged entity being the fifth largest IT services company by market capitalisation. Its services include digital solutions with focus on select verticals such as BFSI, Retail, Travel & Hospitality, Manufacturing & Resources, Health and Hi-Tech.\u00a0<\/span><\/p>\n

The merger process was completed in Q2FY23 and from FY24, it has started operating under a unified system and processes. This will provide potential revenue and cost synergies, which are expected to boost margin expansion in future. This along with operational synergies in diversified capabilities will create cross-sell and up-sell opportunities. The enhanced scale benefits will provide competitive advantage while participating in large deals.<\/span><\/p>\n

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