BANGALORE: Industry captains say that the new government should turbo charge the state'seconomy that's remained dormant under an unstable BJP administration .
In The News
Monday, April 29, 2013
We'll be consistent with our break-even plan: Ashok Soota
Source: Business Standard
Happiest Minds Technologies, the IT services firm founded by industry veteran Ashok Soota has completed one full financial years of its operations on March 31, 2013. Based on the revenues it reported in the fourth quarter of FY13, the company has said its annualised revenue run rate is now $20 million. The company has also reiterated that it would become the fastest Indian IT services company to cross $100 million in revenues. In an interview with Bibhu Ranjan Mishra, Soota who is now the executive chairman of the company discusses the future of the company and the industry.
Thursday, April 25, 2013
Happiest Minds revenue touches $20 million
Source: Financial Express
Happiest Minds technologies, a Bangalore headquartered IT services company started by Ashok Soota, one of the founders of MindTree has closed the 2012-13 fiscal with an annualized revenue run rate of $20 million.
Thursday, April 25, 2013
In This company, juniors do their boss’s appraisals
Source: DNA
Electronic City based Happiest Minds technologies , the newest IT service firm to have emerged in the city, is aiming to keep at least 95% of its employees perpetually high on the happiness Index. Raja Shanmugam, president and Chief people officer, Happiest Minds, says in the next five years at least 95% of their employees should rate the organization four and above on a scale of five when it comes to happiness”.
Thursday, April 25, 2013
Happiest Minds says it has had a record year
Source: Deccan Chronicle
Happiest Minds technologies, the newest kid in the Indian IT outsourcing block, on Wednesday said it has set records in its first full financial year, 2012-2013. Clocking $20 million in annualized revenues acquiring 45 customers across US,UK,India, South East Asia and taking in over 800 employees.
Thursday, April 25, 2013
Happiest Minds to offer stock options to employees
Source: Times of India
Ashok Soota's 18-month-old IT services venture Happiest Minds has offered stock options to all its 800 employees. Shares will be offered at Rs 2 face value, on par with the company's promoters.
IT companies in particular have used stock options to reward and retain employees, and provide them a sense of ownership.
Thursday, April 25, 2013
Happiest Minds plans IPO within six years
Source: Mint
Happiest Minds, which currently has 45 clients in the US, the UK, India and Southeast Asia, including five Fortune 500 companies, also said it planned to touch $100 million in revenue by the time of its IPO.
Bangalore-based Happiest Minds, which focuses primarily on areas such as social media, analytics and mobility, was launched in 2011 and managed to raise $45 million within a year from Canaan Partners, Intel Capital and some of its founders.
Wednesday, April 24, 2013
Happiest Minds Achieves Annualized Run Rate of $20 Million
Source: FinancialMirror
BANGALORE, India & PRINCETON, N.J.--(BUSINESS WIRE)-- Happiest Minds Technologies, a next generation IT Solutions & Services company, today announced its achievements for the first full financial year 2012-13 that closed at the annualized run rate of $20 million. Focusing on disruptive technologies as its core strategy, Happiest Minds now has 45 customers across US, UK, India, and SE Asia.
Wednesday, April 24, 2013
Happiest Minds Achieves Annualized Run Rate of $20 Million
Source: REUTERS
Sets a record for IT Services growth in first full financial year
Every employee received shares at the same price as founders
Happiest Minds Technologies, a next generation IT Solutions & Services company, today announced its achievements for the first full financial year 2012-13 that closed at the annualized run rate of $20 million. Focusing on disruptive technologies as its core strategy, Happiest Minds now has 45 customers across US, UK, India, and SE Asia.
Wednesday, April 24, 2013
Happiest Minds Achieves Annualized Run Rate of $20 Million
Source: The Wall Street Journal
Happiest Minds Technologies, a next generation IT Solutions & Services company, today announced its achievements for the first full financial year 2012-13 that closed at the annualized run rate of $20 million. Focusing on disruptive technologies as its core strategy, Happiest Minds now has 45 customers across US, UK, India, and SE Asia.