Zensar Technologies has announced securing a substantial 5.5-year framework deal with a major financial industry player, valued at an expected revenue of $210 million. The agreement focuses on fundamentally rethinking enterprise work processes through AI-led automation. CEO Manish Tandon highlighted this as a landmark partnership, moving the client toward a true AI-native enterprise by leveraging Zensar’s domain expertise and cutting-edge technology.
Major Framework Deal Announced
Zensar Technologies, a company specializing in experience, engineering, and engagement technology solutions, has successfully secured a significant 5.5-year framework deal. This agreement is with a major player in the financial industry and carries an expected revenue of $210 million.
The core objective of this framework is to fundamentally transform how work is executed and delivered across the client’s enterprise by utilizing AI-led automation to unlock new efficiencies. The scope covers extensive technical and professional services.
Executive Commentary
Manish Tandon, CEO & Managing Director of Zensar, described the achievement as a “defining moment” for the organization. He stated that this partnership moves beyond traditional modernization, pushing the client toward becoming a “true AI-native enterprise.” Mr. Tandon emphasized that the success relies on fusing Zensar’s deep financial domain expertise with cutting-edge technology to foster innovation and competitive advantage.
Corporate Profile Summary
Zensar operates under the philosophy of ‘experience-led everything’, conceptualizing, designing, engineering, and managing digital solutions for over 145 leading enterprises globally. The company is part of the $4.8 billion RPG Group and employs over 10,000+ people across more than 30 locations worldwide, including key hubs like Pune, Milpitas, Seattle, and London.
Forward-Looking Statements Disclaimer
The release includes forward-looking statements based on current management plans and assumptions. Investors are cautioned that actual results may differ materially due to various risks and uncertainties. These factors include, but are not limited to, fluctuations in foreign exchange rates, intense competition in IT services, wage increases, client concentration risks, and potential government measures or economic downturns globally.
These forward-looking statements reflect only the Company’s current intentions as of the date of the announcement, February 12, 2026, and the Company assumes no obligation to update them based on new information or future events.
Source: BSE