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VC-backed Happiest Minds closes first year with $20M revenues, on track to go public
Bangalore-based Happiest Minds Technologies, a two-year-old IT services startup floated by former MindTree chairman and co-founder Ashok Soota, has closed its first full financial year in 2012-13 with annualised run rate of $20 million, according to a company statement. Focusing on disruptive technologies as its core strategy, Happiest Minds says it has now 45 customers across the US, the UK, India and the South-east Asia.
Wednesday, April 24, 2013 | Source: VCCIRCLE
Happiest Minds Achieves Annualized Run Rate of $20 Million
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 | Source: FinancialMirror
Taking stock: How happy is IT veteran Soota’s Happiest Minds
Around this time two years ago, when Ashok Soota announced his plans to start a company called Happiest Minds, a week after quitting Mindtree, the reaction was one of skepticism. Even though he was a respected figure in IT circles, he was well past retirement age.
Monday, April 08, 2013 | Source: Firstpost.Business
Happiest Minds aims 15-20% revenue from Engineering R&D
Happiest Minds Technologies, a Bangalore-based IT Services company that was founded by former Mindtree Chairman Ashok Soota has formed a new Engineering R&D Services division. Happiest Minds which completed one full financial year of its operation on 31 March, 2013, is expanding its Product Engineering Services offerings through the new division.
Friday, April 05, 2013 | Source: Business Standard
Indian Global IT suppliers on domestic IT challenge
India has some of the world’s largest IT service providers with customer lists that resemble a Who’s Who of global multinationals, but on their home turf they have to take a different approach to supporting customers.
Thursday, March 28, 2013 | Source: SearchCio.in
Earlier this month, Andrew Mason, co-founder & CEO, Groupon Inc was unceremoniously fired by the board for failing to fix the company’s falling share price and loss in business. The ever candid Mason said in a note that as the CEO, he was accountable for the erosion in the business the daily deals site had seen in the last 18 months, and so, it was time to go.
Friday, March 15, 2013 | Source: The Economic Times
Salil Godika, Chief Strategy & Marketing Officer and Industry Group Head, Happiest Minds, “With the consumerisation of IT, retailers have started investing in technologies, as consumers have become more demanding and constantly expect better services and continuous innovation.”
Friday, February 01, 2013 | Source: Images Retail
‘In reality, convergence in the five pillars of enterprise disruption i.e. social, mobile, cloud, big data and unified communications, has led to new innovations and opportunities to apply disruptive technologies to fresh business models’, says Vikram Gulati.
Wednesday, January 30, 2013 | Source: Global Services Media
Salil Godika, Chief Strategy & Marketing Officer and Industry Group Head, Happiest Minds, believes that hotels are looking for a solution which would give them all the information on a returning customer on a mobile device. The solution would give a historical analysis of the customer.
Wednesday, January 16, 2013 | Source: Express Computer
“The main driver of using crowdsourcing was not to save money but to tap into the creative abilities of a large group of people,” Soota says. He roped in two crowdsourcing platforms—Jade Magnet and Techgig—to launch a logo designing contest. Contributors were given a simple brief—to show what Happiest Minds means visually with the help of an image, a scribble, a photograph or anything that can be transformed into a visual brand identity.
Thursday, January 03, 2013 | Source: Inc. India
