L&T Infotech to buy Lymbyc in 5th acquisition since listing

IT services company L&T Infotech (LTI) has signed an agreement to acquire Bengaluru-based advanced analytics startup Lymbyc Solutions for ₹38 crore. This would be LTI's fifth acquisition since its listing in 2016, after having acquired India-based Ruletronics, AugmentIQ, and European firms Nielsen Partner and Syncordis. The company has committed over ₹340 crore across these acquisitions.