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Business

India’s LTI Acquires Boutique Pega Consulting Firm Ruletronics

The logo of Larsen & Toubro Ltd. is displayed during a news conference at the company’s headquarters in Mumbai, India, on Friday, Oct. 21, 2011. Larsen & Toubro Ltd., India’s biggest builder of power networks and airports, reported second-quarter profit that beat analysts’ estimates. Photographer: Kuni Takahashi/Bloomberg via Getty Images

By: Radhakrishna N S

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.

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