Happiest Minds Technologies - About the company
Happiest Minds Technologies is a public company based in Bengaluru (India), founded in 2011 by Joseph Vinod Kumar Anantharaju, Salil Godika, Krishna Hari and Raja Bolisetty. It operates as a Provider of IT suite services. Happiest Minds Technologies has raised $64.5M in funding from Canaan and Trident Trust. The company has 153988 active competitors, including 1104 funded and 8720 that have exited. Its top competitors include companies like IBM, UST and Infosys.
Company Details
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
- www.happiestminds.com/
- 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
Key Metrics
Founded Year
2011
Location
Bengaluru, India
Stage
Public
Total Funding
$64.5M in 4 rounds
Latest Funding Round
Ranked
7th among 153988 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
4,886 as on Mar 31, 2025
Similar Companies
Exit Details
Public
Legal entities associated with Happiest Minds Technologies
Happiest Minds Technologies is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HAPPIEST MINDS TECHNOLOGIES LIMITED CIN: 001t000000hJsh6AAC , United States, Active | Feb 26, 2021 | - | 4732 (As on May 31, 2026) | - |
HAPPIEST MINDS TECHNOLOGIES LIMITED CIN: 32050297137 , United States, Active | ₹1,000+ Cr (As on Mar 31, 2024) | 4488 (As on Jun 30, 2024) | - | |
MINDS TECHNOLOGIES LIMITED CIN: 8725714 , United Kingdom, Active | Oct 08, 2013 | - | 1 (As on Mar 31, 2025) | |
Happiest Minds Technologies Limited CIN: L72900KA2011PLC057931 , India, Active | Mar 30, 2011 | ₹1,000+ Cr (As on Mar 31, 2025) | 4517 (As on Feb 28, 2025) |
Happiest Minds Technologies's IPO details
Happiest Minds Technologies got listed on Sep 17, 2020.
Click here to take a look at Happiest Minds Technologies's IPO in detail
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Happiest Minds Technologies's funding and investors
Happiest Minds Technologies has raised a total funding of $64.5M over 4 rounds. Its first funding round was on Oct 31, 2011. Happiest Minds Technologies has 6 institutional investors and 33 angel investors.
Here is the list of recent funding rounds of Happiest Minds Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 18, 2023 | 2171033 | Post IPO | 8140240 | 3986615 | 1150724 | 7647936 |
Sep 15, 2016 | 5988730 | Series B | 7076519 | 1883511 | 9357966 | |
Aug 06, 2014 | 5751772 | Series A | 4814857 | 4158534 |
Access funding benchmarks and valuations. Sign up today!View details of Happiest Minds Technologies's funding rounds and investors
Happiest Minds Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Happiest Minds Technologies are Joseph Vinod Kumar Anantharaju, Salil Godika, Krishna Hari and Raja Bolisetty. Joseph Vinod Kumar Anantharaju is the CEO of Happiest Minds Technologies.
Here are the details of Happiest Minds Technologies' key team members:
- Joseph Vinod Kumar Anantharaju: Co-Founder, CEO & Co-Chairman of Happiest Minds Technologies. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Salil Godika: Former Co-Founder of Happiest Minds Technologies. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Krishna Hari: Co-Founder of Happiest Minds Technologies.
- Raja Bolisetty: Co-Founder, Executive Vice President, EBE, Global OPS, L&D and Talent Acquisition of Happiest Minds Technologies.
Happiest Minds Technologies' Board of Directors
Happiest Minds Technologies's board has 7 active members. Joseph Vinod Kumar Anantharaju, Anita Ramachandran, Ashok Soota and Venkatraman Narayanan are part of team and Rajendra Kumar Srivastava, Shuba Rao Mayya and Seshashayee Sampathiyengar Sridhara are independent board members.Here is the list of Happiest Minds Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 1y 4m | |
Team | - | Current | 5y 9m | |
Investor | - | Current | 6y 0m | |
Investor | - | Current | 14y 10m | |
Independent board member | - | Current | 6y 0m | |
b{gqvyk | Independent board member | - | Current | 5y 9m |
{cgzgua | Independent board member | - | Current | 8y 3m |
View details of Happiest Minds Technologies's Founder profiles and Board Members
Happiest Minds Technologies' employee count trend
Happiest Minds Technologies has 4,886 employees as of Mar 25. The total employee count is the same as what it was in Mar 24. Here is Happiest Minds Technologies's employee count trend over the years:
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Happiest Minds Technologies's Competitors and alternates
Top competitors of Happiest Minds Technologies include IBM, UST and Infosys. Here is the list of Top 10 competitors of Happiest Minds Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
5th |  Deloitte 1845, London (United Kingdom), Unfunded | Provider of audit, consulting, financial advisory, risk management, and tax services | $21.4M | 74/100 | |
6th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
7th |  Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.5M | 73/100 | |
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th | Consulting and implementations company | $23.9M | 73/100 | ||
10th |  EY 1989, London (United Kingdom), Funding Raised | Provider of professional services including assurance, consulting, strategy, transactions, and tax advisory | - | 73/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Happiest Minds Technologies's competitors? Click here to see the top ones
Happiest Minds Technologies's Latest cap tables and shareholding
Founders (largest shareholder) own 69.09%, Funds own 0.36%, Parent Entities own 12.32% and Angels own 0.02%. The net worth of Happiest Minds Technologies's founders is INR 37,600Cr as of Sep 15, 2016.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 69.09% | 37,600Cr | 9116998 | 2964281 | 8120231 | 1284778 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 0.36% | 195Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Parent Entity | 12.32% | 6,700Cr | 1228087 | 4685667 | 9720302 | 6059471 |
Angel | 0.02% | 9.59Cr | 0 | 0 | 0 | 0 |
Other People | 0.01% | 7.14Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 1.01% | 549Cr | 6 | 3 | 2 | 7 |
Other Investors | 17.20% | 9,350Cr | 9584571 | 1497277 | 8056528 | 7727697 |
Total | 100.00% | 54,400Cr | 4691592 | 5780262 | 7366062 | 6288588 |
To unlock detailed Cap Table of Happiest Minds Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Happiest Minds Technologies's Shareholding
Happiest Minds Technologies's Investments and acquisitions
Happiest Minds Technologies has not made any investments yet. Happiest Minds Technologies has made 8 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 03, 2025 | Acquisition | 2013 | Dubai (United Arab Emirates) | |
May 09, 2024 | Acquisition | 2008 | Centennial (United States) | |
Apr 25, 2024 | Acquisition | 2005 | Noida (India) |
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Reports related to Happiest Minds Technologies
Here is the latest report on Happiest Minds Technologies's geography:
News related to Happiest Minds Technologies
Filter this listMedia has covered Happiest Minds Technologies for a total of 31 events in the last 1 year, 9 of them have been about company updates and 4 about partnerships.
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ITC Infotech Reportedly Eyes 44% Stake in Happiest Minds for ₹2,800–2,900 CroreCyberMedia India Online•Aug 30, 2026•ITC Infotech, Happiest Minds Technologies
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Happiest Minds Q1 FY27 profit rises 18.3% to ₹67.6 crore on AI-driven growthBusiness Line•Jul 28, 2026•Happiest Minds Technologies
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Happiest Minds plans to add 750-1,000 employees in FY27, targets double-digit growthNew Indian Express•May 31, 2026•Happiest Minds Technologies
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Happiest Minds Experiences Significant Profit and Revenue Upsurge in Q4 FY26Devdiscourse•May 29, 2026•Happiest Minds Technologies
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Happiest Minds Q4 Profit Jumps 80% to Rs 61.17 CrRediff.com•May 29, 2026•Happiest Minds Technologies
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