HCLTech to acquire Guardian India GCC for $10.5 million

HCLTech signed a seven-year agreement with The Guardian Life Insurance Company of America to accelerate AI-led technology and operations modernisation.

HCLTech will acquire Guardian India, Guardian’s global capability centre (GCC), for $10.5 million.

Nearly 2,000 employees will transition to HCLTech, which will establish a dedicated Strategic Business Unit to support Guardian.

Karunakaran Azhisur, country head of Guardian India, will join HCLTech to lead the new Strategic Business Unit.

Guardian India reported revenue of Rs 578.8 crore in FY26, up from Rs 483.2 crore in FY25.