LTIMindtree is significantly increasing its investment in its newly launched AI platform, BlueVerse, to assist businesses in adopting AI solutions, according to CEO Venugopal Lambu. This strategic decision comes as the $283 billion Indian IT industry faces widespread reductions in non-essential spending by clients.
Launched in June 2025, BlueVerse offers ready-made digital assistants to address specific business challenges. Lambu emphasized the growing importance of AI, stating, "The conversation around AI is getting serious," though he did not disclose the exact investment amount planned for the AI unit. He noted a rise in smaller, AI-driven deals that generate quick revenue, in addition to AI's increasing role in larger, more strategic contracts.
LTIMindtree's BlueVerse is designed as a comprehensive AI ecosystem to help enterprises accelerate their AI concept-to-value journey. The ecosystem includes over 300 industry and function-specific AI agents and ensures seamless interoperability and a growing connector ecosystem. It is underpinned by responsible AI governance, delivering enterprise-grade trust and scalability. BlueVerse also includes BlueVerse Foundry, which combines a no-code builder and pro-code editor to help companies create and deploy AI agents, tools, RAG pipelines, and automated business processes without extensive technical expertise. At launch, BlueVerse offers pre-built solutions for Marketing Services and Contact Center as a Service (CCaaS).
AI-driven efficiencies are creating both opportunities and challenges for IT firms. LTIMindtree experienced reduced revenue from its top five clients in the latest quarter, as these clients expect the company to share the savings from AI-led productivity gains. Lambu considers these operational challenges to be temporary and remains confident in achieving near double-digit revenue growth for the financial year.
Lambu noted that LTIMindtree is proactively applying its AI strategy with existing large clients to continue the revenue growth momentum. He also observed that clients are seeking stability and reduced unpredictability.
Earlier in 2025, LTIMindtree announced a strategic partnership with Google to drive business transformation through Agentic AI, leveraging Google Cloud technologies to accelerate GenAI adoption and reshape the cloud landscape for clients globally.
LTIMindtree's commitment to AI is also reflected in its approach to data management. The company's Trust Framework provides a blueprint for implementing an AI-ready data management platform, ensuring data readiness for AI applications. This framework encompasses data integration, quality, governance, and continuous improvement.
LTIMindtree recently reported a 10.1% sequential growth in its net profit for the July-September period, with quarterly revenue crossing Rs 10,000 crore for the first time. Lambu, who assumed his role in May, is developing a new five-year growth strategy, expected to be announced in December.
