Notably, LTI completed a remarkable hostile takeover of Mindtree, a prominent IT company, in June 2019. In May 2017, the company rebranded itself as ‘LTI,’ with the tagline ‘Let’s Solve.’ It achieved the Software Engineering Institute’s Maturity Level 5 and went public via an IPO in July 2016. Larsen & Toubro Infotech (LTI) has seen significant changes since its establishment in December 1996 as L&T Information Technology, initially a subsidiary of Larsen & Toubro.