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In The News

  • Happiest Minds to hire more as it aims for $100 million revenue
  • Happiest Minds Tech aims $100m turnover
  • Happiest Minds achieves $20 million run rate, plans IPO in 6 years
  • VC-backed Happiest Minds closes first year with $20M revenues, on track to go public
  • Happiest Minds Achieves Annualized Run Rate of $20 Million
  • Taking stock: How happy is IT veteran Soota’s Happiest Minds
  • Happiest Minds aims 15-20% revenue from Engineering R&D
  • Indian Global IT suppliers on domestic IT challenge
  • The Founder’s Dilemma
  • Fast Forward to Modern Retail

Happiest Minds to hire more as it aims for $100 million revenue

BANGALORE: Happiest Minds Technologies, a software services company founded by former Mindtreechairman and cofounder Ashok Soota, wants to expand its business and hire more people as it targets $100 million (Rs 540 crore) in revenues over the next six years.

Wednesday, April 24, 2013   |  Source: The Economic Times

Happiest Minds Tech aims $100m turnover

BANGALORE: Industry veteran Ashok Soota founded Happiest Minds Technologies, a software services provider plans to list in the Indian stock markets in the next few years and has targetted $100 million in revenues. The listing is expected to be in the next few years.

Wednesday, April 24, 2013   |  Source: Business Line

Happiest Minds achieves $20 million run rate, plans IPO in 6 years

Last year, we introduced you to India’s Hottest Startup, i.e. Happiest Minds which raised $45mn within 3 months of its launch.

Wednesday, April 24, 2013   |  Source: NEXTBIGWHAT

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

The Founder’s Dilemma

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

Fast Forward to Modern Retail

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

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