Infosys Ltd, India’s second-largest IT services company, has entered a joint venture with Telstra, Australia’s top telecommunications and technology provider, to speed up AI-led cloud and digital transformation for Australian businesses.
The partnership is part of Infosys’ broader plan to guide clients through every stage of their AI adoption journey. As part of the deal, Infosys will buy a 75% stake in Versent Group a wholly owned Telstra subsidiary and a leading digital transformation services provider in Australia. Telstra will keep the remaining 25% ownership, while Infosys will assume operational control of Versent.
The collaboration combines three key strengths:
Versent Group has a workforce of around 650 engineers, advisors, and strategists spread across Australia. The company serves high-profile blue-chip clients across sectors including government, education, financial services, energy, and utilities.
Through the joint venture, Versent’s services will be enhanced with:
The aim is to deliver advanced, end-to-end transformation solutions for both enterprises and government organisations in Australia. Infosys believes the move will unlock new growth opportunities and drive large-scale innovation projects in the country.
This isn’t the first collaboration between the two companies:
For feedback and suggestions, write to us at editorial@iiflcapital.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.