Infosys-Vanguard deal worth $1.5B; biggest deal ever signed by Infosys

The deal Infosys won from Vanguard, according to the sources, is worth $1.5B; making the biggest deal Infosys has ever signed. Scope of work could extend up to 10 years with value rising to $2 bn. Infosys won this deal competing against top IT firms – Wipro, TCS, Accenture. The firm has set 3000-seater facility in Bengaluru to serve the deal with 300-400 people working initially. It will ramp up later. Around 1300 vanguard roles will transition to Infosys.

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