LTIMindtree Elevates Nachiket Deshpande to Lead Global AI Services
Portfolio - People | Mar 17, 2025 | EIN
LTIMindtree has appointed its Chief Operating Officer, Nachiket Deshpande, as President of its Global AI Services division, reporting to the newly appointed CEO, Venu Lambu. Deshpande, who is also a board member, will oversee AI strategies, M&A, R&D, and partnerships. With a background at Cognizant and following the merger of L&T Infotech and Mindtree, Deshpande joined LTIMindtree in 2022 and has shown interest in generative AI. Under his lead, LTIMindtree committed $6 million to Voicing AI. His AI philosophy is centered on three pillars: AI in everything, everything for AI, and AI for everyone. The company's strategy includes the co-pilot approach for seamless integration of AI solutions into daily workflows. The Canvas platform, an AI-driven idea production tool, currently supports over 13 live customers.
Sectors
- Artificial Intelligence
- Information Technology
- Mergers and Acquisitions
Geography
- United States – The new President, Nachiket Deshpande, will be based in New York, highlighting the geographical focus.
- India – LTIMindtree is an Indian multinational technology company involved in the article.
Industry
- Artificial Intelligence – The article focuses on LTIMindtree's AI services division and strategic emphasis on AI integration and development.
- Information Technology – LTIMindtree operates in the IT sector providing technology services and solutions, including AI services.
- Mergers and Acquisitions – Deshpande's new role involves oversight of AI business strategies, including mergers and acquisitions.
Financials
- $6 million – Investment amount committed by LTIMindtree in a deal with Voicing AI for developing human-like AI voice agents.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LTIMindtree | Company | Target company | A global technology consulting and digital solutions company elevating Deshpande to lead its AI division. |
| Nachiket Deshpande | Person | Appointed President | Former COO and newly appointed President of Global AI Services at LTIMindtree. |
| Venu Lambu | Person | CEO | Recently appointed CEO of LTIMindtree overseeing company-wide strategies including AI services. |
| Voicing AI | Company | Startup | An AI startup involved in a $6 million deal with LTIMindtree to build AI voice agents. |