Happiest Minds - About the company
Happiest Minds is a public company based in Bengaluru (India), founded in 2011 by and . It operates as an IT services company. Happiest Minds has raised $64.8M in funding from Canaan and Trident Trust. The company has 91313 active competitors, including 903 funded and 5549 that have exited. Its top competitors include companies like UST, Endava and Accion Labs.
Company Details
Happiest Minds is an IT outsourcing firm focusing on six lines of businesses, namely IT services, R&D services, product engineering services, remote infrastructure management, testing and consulting. Along with technology solutions and services, provides SaaS solutions such as ComplianceVigil, ThreatVigil, IdentityVigil and CyberVigil. These products provide cloud based compliance management, on-demand threat management and remediation, identity & access governance, identity management and a cyber security platform solution. For the quarter-ended March 31, 2015 the company reached an annualized revenue rate of $50M with 60%+ of business coming from US and has also reported it broke-even during the quarter. Headquartered in Bangalore, it has fourteen offices spread over major business centres in the USA, UK, Singapore, Canada and Australia. Its investors include JPMorgan Private Equity Group, Canaan Capital and Intel Capital. Acquired IoT services company Cupola Technology for an undisclosed amount in May 2017 and US-based digital transformation firm OSSCube in June 2017.
- Website
- Social
- Email ID
- @happiestminds.com
- Phone Number
- +91
- Registered Address
- #53/1-4, Hosur Main Road, Madivala (Next to Madivala Police Statio, n), Bangalore, Bangalore, Karnataka, India, 560068
Legal entities associated with Happiest Minds
Happiest Minds is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 001t000000hJsh6AAC United States, Active | Feb 26, 2021 | - | - | - |
CIN: 32050297137 United States, Active | $207M (as on Mar 31, 2024) | 4488 (as on Jun 30, 2024) | - | |
Mar 30, 2011 | $207M (as on Mar 31, 2024) | 4517 (as on Feb 28, 2025) |
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Happiest Minds's funding and investors
Happiest Minds has raised a total funding of $64.8M over 6 rounds. Its first funding round was on Oct 31, 2011.
Happiest Minds has 6 institutional investors including Canaan, Trident Trust and Intel. Trident Trust is the largest institutional investor in Happiest Minds. There are 36 Angel Investors in Happiest Minds.
Here is the list of recent funding rounds of Happiest Minds:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jul 18, 2023 | $60.9M | Post IPO | 1242884 | 3867094 | - |
Apr 25, 2018 | $32.3K | Angel | 2356093 | 3428297 | |
Apr 16, 2017 | $263K | Angel | 9304098 | 5311879 |
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Happiest Minds' founders and board of directors
The founders of Happiest Minds are and . is the CEO of Happiest Minds.
Here are the details of Happiest Minds' key team members:
- : Co-Founder & CEO of Happiest Minds. They are also an angel investor in and serve on the board of .Contact Info:
- : Former Co-Founder of Happiest Minds. They are also an angel investor in .
Happiest Minds' Board of Directors
Happiest Minds's board has 11 active members. , Narayanan Venkataraman and are part of team and Ashok Soota, Avneet Singh Kochar, Anita Ramachandran, Rajendra Kumar Srivastava, , , and are independent board members.Here is the list of Happiest Minds' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 7m | |
ztmjyti | Team | - | Past | 4y 5m |
cmjmvyb | Team | - | Current | 1y 1m |
yoxgw{q | Team | - | Past | 7y 4m |
txtnhpw | Team | - | Past | 2y 7m |
Independent board member | - | Current | 14y 2m | |
r{bpjpw | Independent board member | - | Current | 6y 5m |
hkclxhd | Independent board member | - | Current | 9y 4m |
{nzlx{f | Independent board member | - | Current | 8y 8m |
jqq{o{j | Independent board member | - | Current | 1y 6m |
xwhojte | Independent board member | - | Current | 6y 9m |
ytftlug | Independent board member | - | Current | 2y 6m |
wftnxew | Independent board member | - | Past | 5y 4m |
ighdprv | Independent board member | - | Past | 7y 9m |
unkemkw | Independent board member | - | Past | 2y 7m |
evfycdc | Independent board member | - | Past | 3y 9m |
View details of
Happiest Minds' employee count trend
Happiest Minds has 4,517 employees as of Feb 25. Here is Happiest Minds's employee count trend over the years:
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Happiest Minds's Competitors and alternates
Top competitors of Happiest Minds include UST, Endava and Accion Labs. Here is the list of Top 10 competitors of Happiest Minds, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st | UST 1998, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | Temasek, Parallax Capital Partners听&补尘辫;听 | 76/100 |
2nd |  2011, Bengaluru (India), Public | IT services company | $64.8M | 76/100 | |
3rd | Endava 2000, London (United Kingdom), Public | Provider of software development, testing and strategy formulation for IT enterprises | - | 73/100 | |
4th | Accion Labs 2011, Pittsburgh (United States), Series A | Software Technology Services Firm | $93M | CPP Investments, True North听&补尘辫;听 | 73/100 |
5th |  Datamatics 1975, Mumbai (India), Public | Cloud based text analytics and cognitive automation tool | $3M | 72/100 | |
6th | Consulting and implementations company | $23.9M | Capital Group, WestBridge Capital听&补尘辫;听 | 72/100 | |
7th | Provider of business process management, financial and logistics services | $15.1M | ChrysCapital, Affirma Capital听&补尘辫;听 | 72/100 | |
8th | Ciena 1992, Hanover (United States), Public | Cloud-based platform offering network management software | - | InterWest Partners, Star Ventures听&补尘辫;听 | 71/100 |
9th | DigitalOcean 2011, New York City (United States), Public | Cloud based integrated application development platform | $174M | HighGear Ventures, HTIF听&补尘辫;听 | 71/100 |
10th | Konica Minolta 1873, Tokyo (Japan), Public | Provider of digital office printing, professional printing, IT services, healthcare solutions, measuring instruments, and imaging IoT services | - | 70/100 |
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Happiest Minds's Latest cap tables and shareholding
Founders (largest shareholder) own 72.31%, Funds own 0.32%, Parent Entities own 8.92% and Angels own 0.01%. The net worth of Happiest Minds's founders is INR 74,700Cr as of Apr 25, 2018.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 72.31% | 74,700Cr | 2262963 | 4743143 | 3587502 | 5649887 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 0.32% | 332Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Parent Entity | 8.92% | 9,220Cr | 3204279 | 9244761 | 7032520 | 4121992 |
Angel | 0.01% | 18.2Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.01% | 12.2Cr | 0 | 0 | 0 | 0 |
Other Investors | 18.42% | 19,000Cr | 7392977 | 9403010 | 3411438 | 8264873 |
Total | 99.99% | 1,03,000Cr | 1972978 | 5183687 | 4474299 | 7729916 |
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DisclaimerView more details of Happiest Minds's Shareholding
Happiest Minds's Investments and acquisitions
Happiest Minds has not made any investments yet. Happiest Minds has made 9 acquisitions. Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 03, 2025 | Acquisition | 2013 | Dubai, | |
May 09, 2024 | Acquisition | 2008 | Centennial, United States | |
Apr 25, 2024 | Acquisition | 2005 | Noida, India |
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Reports related to Happiest Minds
Here is the latest report on Happiest Minds's sector:
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News related to Happiest Minds
Media has covered Happiest Minds for a total of 36 events in the last 1 year, 18 of them have been about company updates and 4 about people movement.
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Deccan Herald鈥�Mar 27, 2025鈥�Happiest Minds
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Business Line鈥�Mar 26, 2025鈥�Happiest Minds
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