LTM (formerly LTIMindtree) has signed a multi-year, $100 million strategic agreement with a MedTech company in Europe, a leading provider of innovative hearing solutions, to deliver product development and support across its flagship products. This agreement will span over seven years. Towards this, the company will leverage iNXT, its cross-industry digital transformation and innovation platform designed to help enterprises manage the convergence of the physical and digital worlds.

As part of this agreement, the company will develop and support the MedTech’s primary hearing instrument brands and its private labels. This includes the MedTech’s core wearable devices, the fitting application used by hearing care professionals to configure hearing aids, and the mobile application for device control. Along with technological development and support, the company will lead and navigate complex MedTech compliance & regulatory frameworks for the client.

LTM - a Larsen & Toubro Group Company - is an AI-centric global technology services company and the Business Creativity partner to the world’s largest enterprises. Its capabilities span integrated operations, transformation, and business AI - enabling new ways of working, new productivity paradigms, and new roads to value.