Skip to content
Search

Latest Stories

India’s LTI Acquires Boutique Pega Consulting Firm Ruletronics

India’s Larsen & Toubro Infotech Ltd, a technology consulting and digital solutions company on Thursday (17) acquired Ruletronics, a pure-play Pega consulting and implementation firm with offices in the UK, USA, and India.

Ruletronics enables businesses to transform and evolve digitally by providing innovative BPM and CRM solutions leveraging Pega Platform. Their current industry strength lies across insurance, banking, healthcare and retail segments. The company offers unique product based offerings for disability claims management, KYC bulk remediation and insurance sales, and service applications.


The acquisition will strengthen LTI’s rapidly growing digital business with a suite of capabilities in Pega implementation space around establishing BPM roadmap and strategy, customer services, RPA, and decisioning.

Nachiket Deshpande, COO, LTI said, “Pega is a leader in intelligent business process management segment with more than 3,000 customers globally. Ruletronics brings significant Pega and BPM expertise along with unique client relationships that will help us grow our digital business further...”

Naveen Anisetty, MD and Founder, Ruletronics said, “At Ruletronics, our mission has been to understand and analyze our client’s business needs and deliver strategic BPM solutions to transform their business processes forever. We are excited about joining forces with LTI to continue this journey, further.”

This is LTI’s third acquisition since the company went public in 2016. It earlier acquired Pune-based AugmentIQ, an analytics start-up and Luxembourg-based Syncordis Consulting, a leading implementation partner of Temenos, in Europe.

More For You

UK house prices

The data suggests the UK housing market may be regaining some momentum after a quieter winter period.

AFP via Getty Images

UK house prices climb 3 per cent as market shrugs off weak sentiment

  • UK house prices rise 3 per cent annually in April
  • Average property value reaches £278,880
  • Market recovery continues despite falling buyer confidence

UK house prices saw an unexpected lift in April, suggesting the housing market may be holding up better than many had anticipated. According to the latest data from Nationwide Building Society, annual house price growth rose to 3 per cent, up from 2.2 per cent in March. On a monthly basis, prices increased by 0.4 per cent, taking the average UK house price to £278,880.

This comes at a time when concerns around the Iran conflict and interest rate uncertainty were expected to weigh on buyer sentiment. There had been a growing view that potential homeowners would delay purchases, waiting for more favourable mortgage conditions.

Keep ReadingShow less