India's TCS bags $644 million deal from insurer Tryg

Tryg A/S

02/09/2025 11:13

BENGALURU, Sept 2 (Reuters) - India's largest IT firm Tata Consultancy Services TCS.NS has bagged a 550 million euro ($643.89 million) deal from Scandinavian insurance firm Tryg TRYG.CO, the company announced on Tuesday, its first mega deal this fiscal year.

Mega deals, which are typically worth more than $500 million, are key revenue drivers for IT services companies.

($1 = 0.8542 euros)

 (Reporting by Sai Ishwarbharath B; Editing by Mrigank Dhaniwala)

 ((saiishwarbharath.b@thomsonreuters.com;))