In The News

Happiest Minds says it has had a record year

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   |  Source: Deccan Chronicle

In This company, juniors do their boss’s appraisals

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   |  Source: DNA

Happiest Minds Revenue Touches $20 Million

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   |  Source: Financial Express

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