Business segment review |

Product & Digital Engineering Services (PDES)

We strengthened our Product and Digital Engineering Services (PDES) business through targeted initiatives to scale operations and deliver long-term value. We enhanced our domain expertise and expanded our global presence. Our focus on innovation, integration, and industry-led solutions enabled us to achieve key milestones during the year.

Key Acquisitions

In 2024–25, we made two strategic acquisitions that enhanced our digital engineering capabilities and expanded our industry presence:

PureSoftware Technologies

As a part of the acquisition, we brought in Arttha, a next-gen unified banking platform serving 100+ global financial institutions

  • Arttha was also named ‘Best Banking-as-a-Service Platform of the Year’ at the 14th Africa Bank 4.0 Summit conducted by BII

Aureus Tech

Strengthened our capabilities across key verticals including Banking, Insurance, Retail, and Healthcare

Industry Recognition

We continued to receive recognition for our technology expertise and innovation-driven approach. A key highlight was our inclusion in the ‘Expansive & Established’ quadrant of the latest Zinnov Zones study for Digital Engineering and ER&D Services — the highest category in the study. This milestone affirms our position as a leading digital engineering partner with consistent performance across core segments.

Customer-Centric Delivery

Our Product & Digital Engineering business remained deeply aligned with customer success. A notable example was our collaboration with a US-based EdTech client, which led to wins at an app-building competition for Best Use of AI and Best Design. We also continued to deliver value across our six focus industries through close, outcome-driven partnerships.

A Trusted Digital Partner

Our deep digital capabilities, combined with a sharp industry focus, make us a trusted transformation partner. We help enterprises accelerate their digital journeys and build future-ready products and platforms, as reflected in a video testimonial from Coca-Cola United on the impact of our digital, data, and AI solutions.

Our Vertical Focused Offerings

We offer a diverse range of tailored services designed to meet the specific needs of the following industries:

Banking, Financial Services & Insurance

Happiest Minds leverages deep domain knowledge and technology expertise to drive successful digital transformation for leading banks, financial institutions, and insurers globally. We help clients gain a competitive edge in Core Banking, Lending, Real-Time Payments, Embedded Finance, BNPL, and Compliance. Our BFSI solutions serve digital-first banks, MFIs, NBFCs, emerging market institutions, P&C, Life & Annuity, and MGAs & Brokers.

Our Offerings
  • Business & IT Consulting
  • Marketing Analytics
  • Digital Process Automation for front, mid and back-office operations
  • Analytics & visualization
  • Business-specific Application Development, Maintenance & Support
  • Intelligent Test Automation and Engineering
  • Secure Managed Services
  • GRC (Governance, Risk and Compliance)
  • Helping Customers in their ESG (Environmental, Social and Governance) Journey

Healthcare & Life Sciences

Our Healthcare & Life Sciences (HLS) business is dedicated to enabling better care outcomes and more empathetic patient experiences. We aim to be the partner of choice in powering Digital NXT by bridging the digital gap and delivering innovative solutions tailored to the evolving needs of Healthcare, Life Sciences, and MedTech companies. Our focus spans Healthcare Providers, HealthTech, Pharma, Biotech Research, Lab Tech, Medical Diagnostics, Point-of-Care, and Digital Health businesses.

Our Offerings
  • Digital Front Door
  • Connecting Healthcare Enterprises
  • Healthcare Data Democratization & RWE
  • Operationalizing DCT/Digital Trials
  • Modernizing Commercialization
  • Medical Device Engineering
  • Cybersecurity in Healthcare
  • Core System Modernization
  • Semantic Interoperability Services

EdTech

EdTech remains a core focus for Happiest Minds, covering Pre-K, K-12, higher education, professional learning, workforce development, and lifelong learning. We serve the education and learning market by offering technology services that facilitate:

  • Interoperable, future-ready learning and admin platforms
  • Cross-platform and progressive web apps
  • Integrated systems for real-time insight
  • Inclusive solutions for cognitive and visual accessibility
  • Custom CRMs tailored to education needs
  • Generative AI-enabled learning environment
  • Strong data security and system integrity
  • Support for digital transformation and workflow automation
Our Offerings
  • Product Engineering
  • Open-Source Stack
  • Mobility Solutions
  • Data Analytics & Business Intelligence
  • Accessibility Services
  • Edtech Compliance
  • Integration Services
  • Education CRM
  • Generative AI
  • Digital Process Automation
  • Cybersecurity Services
  • Personalized Content Services

Hi-Tech, Media & Entertainment, Professional Services

We support Hi-Tech, Media & Entertainment, ISVs, and Professional Services enterprises in their end-to-end digital transformation, from Chip to Cloud. Our AI- and data-driven solutions, combined with connected platforms, help accelerate value creation, unlock efficiencies, and deliver seamless, personalized experiences.

Hi-Tech Offerings

We provide comprehensive services across product engineering, IT, and go-to-market acceleration. We work closely with ISVs, OEMs, and enterprises to deliver robust, future-ready solutions that harness the power of data, AI, and emerging technologies.

Key Services
  • Platform Modernization
  • Application Software/Web/Mobile App Development
  • Data Strategy, Governance, and Visualization
  • Network Application and Orchestration
  • Customer Experience Transformation
  • Quality Engineering and Test Automation
  • FPGA, Hardware, and Embedded System/Device Engineering

Media Offerings

We enable organizations to enhance the content supply chain, audience engagement, and content ROI through innovative advertising, subscription, and distribution models powered by AI and data.

Key Services
  • ContentAI
  • AdTech Transformation
  • Audience Experience Transformation
  • Gaming Innovation
  • Business Intelligence & Data Solutions
  • Content Testing & Quality Assurance

Professional Services Offerings

We partner with professional services organizations across audit, tax, regulatory, payroll, and administrative domains to build unified customer engagement platforms. Our solutions drive new revenue streams, enhance operational efficiency, reduce costs, and enable digital transformation through platform engineering and managed services.

Key Services
  • Platform Engineering and Modernization
  • AI- and Data-Driven Intelligent Automation
  • IT Operations Transformation
  • Cloud-Native Digital Transformation
  • Enabling Scalable and Highly Available SaaS Platforms
  • Managed Shared Services Platforms
  • DevSecOps-Based Development and Deployment
  • Innovative Multishore Pod-Based Engagement Models

Industrial, Manufacturing, Energy & Utilities

Happiest Minds helps customers in the Industrial, Manufacturing, Energy, and Utilities sectors maximize digital opportunities. We work across all stages of digital maturity to modernize core systems and deliver measurable outcomes using our 360-degree chip-to-cloud offerings. Our solutions span industrial products, operations and systems, automotive, process manufacturing, and energy and utilities. We adopt a value-driven, outcome-based approach to ensure sustainable success, supported by strategic consulting to define a long-term digital roadmap before transformation begins.

Our Offerings
  • Next-Gen Connected Products
  • Connected Plants, Operations & Experience
  • Digital Processes
  • Predictive Maintenance & Advanced Analytics
  • Modernization and Automation
  • Generative AI
  • Customer Experience
  • e-Mobility
  • Digital Twins
  • Supply Chain Management
  • Automated Vehicle Services
  • Digital Power Generation, Distribution & Transmission
  • Power Management Solutions

Retail, Consumer Packaged Goods & Logistics

Consumer Packaged Goods (CPG), retail, and logistics enterprises face disruption from business and technology shifts, requiring greater agility and visibility to stay resilient. Happiest Minds helps these industries navigate dynamic changes in business and consumer behavior, transforming them into digital enterprises for sustainable growth. Our ecosystem-led solutions enhance customer experience, maximize share of wallet, and streamline operations across the enterprise and supply chain. We leverage our DXT (Domain, Experience, and Technology) approach to drive informed decisions across the value chain, including planning, logistics, retailing, last-mile fulfillment, and consumer purchases.

Our Offerings
  • Optimized Operations
  • Reimagined Experience
  • Ease of Doing Business and Improving Topline
  • Enterprise Data Governance (MDP, CDP, PIM & DAM)
CASE STUDIES

BFSI: Strategic Partner for Automating Service Desk Request Resolution for a US-based Insurance Claims Management Firm

Business Challenge

The client aimed to enhance employee user experience by improving IT helpdesk interactions and automating manual tasks. They also sought to improve customer experience by enhancing website interactions and accelerating response times at the service desk.

Solution Provided
  • Employee Service Desk: Provided self-service conversational interfaces through helpdesk automation, with an AI-based virtual assistant bot using NLP and a self-learning engine
  • Customer Service Desk: Integrated a website bot for claim status inquiries and other services, routing data to the cloud or in-house servers based on legal requirements
IMPACT

35%

Reduced agent workload

40%

Service request handling efficiency boosted

35%

Increment in customer satisfaction (CSAT)

EdTech: Optimizing Student Acquisition and Engagement for a Leading Education Company

Business Challenge

The client, a leading education company, partners with regional public universities to expand access to higher education for working adults. Enrollment managers faced challenges due to time-consuming calls with limited insights into student intent, and high drop-off rates caused by a cumbersome application process.

Solution Provided
  • Simplified the application process with federated login and automation for transcripts and references
  • Developed smart decision-making tools to help students assess course options, costs, and schedules
  • Leveraged AI-driven technology to reduce acquisition costs and attract high-intent students
IMPACT

~90%

Reduction in application submission time, from over 2 months to less than a week

Increased the number of applications submitted and improved acceptance rates across multiple institutions
CASE STUDIES

Healthcare & Life Sciences: Cohort Study Management Platform for a Leading Life Sciences Consortium

Business Challenge

The client, a Life Sciences consortium focused on research in neurodegenerative disorders, healthy aging, and the development of affordable medical devices for conditions such as Parkinson’s, Alzheimer’s, and other neurological ailments, sought an integrated platform to manage the entire study lifecycle from planning and tracking to generating individual and consolidated reports at the study-partner level.

Solution Provided
  • Developed a cohort management system for tracking and managing data collection from cohort studies
  • Built responsive web and mobile applications with custom UI widgets to offer secure, omni-channel experience with offline reporting capabilities
  • Utilized a low-code platform combining cloud technology and visual modeling to scale functionalities for diverse study programs, enabling dynamic creation of study forms and real-time configuration of eligibility criteria
IMPACT

80%

Reduction in paper-based work

20%

Less errors at the point of data collection

25%

Improvement in cohort engagement efficiency and reduced review and approval turnaround times through automated reminders

Accelerated patient onboarding, reducing turnaround time from weeks to days

Media & Entertainment: Improved Engagement & Subscription for One of the World’s Leading Broadcasting Companies

Business Challenge

The client aimed to significantly boost subscription growth and user activity on their platform, focusing on improving key performance metrics such as retention and conversion rates.

Solution Provided
  • Deployed content and platform-wise time-based cohorts to measure and predict retention, drop-off rates, and shifting user interests, providing deeper insights into behavioral trends
  • Refined dynamic customer segmentation models to identify high-value audiences for targeted up-selling and cross-selling initiatives
  • Utilized predictive analytics to analyze data on inactive customers and predict those most likely to drop off
IMPACT

10%

Increase in bundle packaging subscriptions

5%

Higher engagement level

20%

Increase in overall purchase intent

Personalized Content

Delivered based on user preferences, resulting in higher user engagement

Improved measurement and enhancement of conversion and retention metrics

Industrial: Connected Products for Industrial Gear Units

Business Challenge

The client, a global leader in mechanical and electrical drive systems, sought to enhance operational efficiency through a scalable IIoT platform and modernized condition monitoring. Their reliance on third-party tools and offline analytics limited visibility and led to reactive maintenance. The absence of an integrated digital strategy hindered real-time insights, scalability, and the shift to predictive, data-driven services.

Solution Provided
  • Conducted a two-month discovery phase involving customer and stakeholder discussions to identify high-value use cases and confirm collaboration interest
  • Assessed existing systems to define a comprehensive digital strategy and architecture
  • Implemented a scalable IIoT platform integrated with secure cloud infrastructure and real-time web/mobile interfaces for monitoring, control, and decision-making
IMPACT

70%

Reduction in unplanned downtime achieved through continuous equipment monitoring

25%

Savings enabled on investment costs

Extended product lifespan and accelerated time-to-market through early pilot deployment
Supported digital business unit set up and enabled a shift to service-led, data-driven operations

CPG: A User-Centric App Transformation for a CPG Leader

Business Challenge

The client needed to optimize their Distributor Sales Rep (DSR) app, which was hindered by poor navigation, limited real-time insights, and cluttered workflows. Sales reps found the app time-consuming and difficult to use, impacting their ability to engage effectively and meet targets.

Solution Provided

To achieve this, we conducted a comprehensive overhaul of the app. The process included:

  • Heuristic evaluation: Assessed visual elements and design issues
  • User interviews and research: Engaged sales representatives to identify pain points, build personas, and map user journeys
  • Information architecture: Streamlined content flow for intuitive navigation and quick data access
  • Wireframes: Developed low-fidelity layouts to define structure and functionality
  • Visual design and prototyping: Created high-fidelity, interactive prototypes aligned with brand guidelines
  • User testing: Validated designs through feedback from initial user group using clickable prototypes
IMPACT

10%

Increase in app adoption and usage among sales representatives

6%

Rise in retail order conversions through insights-led selling and targeted promotions

6-8%

Improvement in average business value per transaction

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