As part of the deal with the US-based TMT company, Sonata Software will establish a dedicated AI-enabled Modernization Engineering Center in India.
Sonata Software said it will have a 'full-quarter impact' on Q4FY25 due to the ramp down. The company had expected strong growth in its Q4FY25 revenue in the past.
The total deal amount has not been disclosed by the company yet.
This week, in Matter of Business, the focus is on that most global of Indian industries, the USD 100 billion Information Technology business