When was Mindtree founded?

Mindtree was founded in 1999 and raised its 1st funding round within a year of its incorporation.

Where is Mindtree located?

Mindtree is headquartered in Bengaluru, India. It is registered at Global Village,RVCE Post, Mysore Road, BANGALORE, Karnataka, India, 560059.

How many employees does Mindtree have?

As of May 31, 2026, the latest employee count at Mindtree is 17942.

Is Mindtree a funded company?

Mindtree is a funded company, having raised a total of $23.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 1999.

When was the latest funding round of Mindtree?

Mindtree's latest funding was a $***** Series B round on Aug 01, 2001, with participation from 4 investors.

What is the annual revenue of Mindtree?

Annual revenue of Mindtree is more than ₹1,000 Cr as on Mar 31, 2025

Where does Mindtree rank among its competitors?

Mindtree ranks 3rd amongst 126127 active competitors, of which 965 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Mindtree?

Mindtree's top competitors include IBM, Hewlett Packard Enterprise and UST. Among them, Accenture secured the most recent funding round in March, 2024.

Mindtree - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

MindTree is an outsourcing solutions provider with services in engineering, information technology, quality assurance, digital media, strategy and consulting, research and development, and also infrastructure management services. MindTree solution set offers Bluetooth solutions, digital video surveillance, and SAP insurance. MWatch is a solution offered by the company for IT infrastructure management and service platform, which gives an end to end view of infrastructure and applications.

Website: www.mindtree.com
Social
Email ID: *****@mindtree.com
Phone Number: +91 **********
Registered Address: Global Village,RVCE Post, Mysore Road, BANGALORE, Karnataka, India, 560059

Key Metrics

Founded Year

1999

Location

Bengaluru, India

Stage

Acquired

Total Funding

$23.9M in 2 rounds

Latest Funding Round

Series B, Aug 01, 2001, $*****

Investors

Global Technology Ventures & 10 more

Ranked

3^rd among 126127 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

17,942 as on May 31, 2026

Investment & Acquisitions

COPE Health Solutions & 6 more

Similar Companies

IBM & 149798 more

Exit Details

Acquired by Larsen Toubro (Mar 01, 2019)

View Mindtree's full profile

Mindtree is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LTIMINDTREE FOUNDATION CIN: U80212KA2007NPL044425 , India, Active	Nov 20, 2007	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
MINDTREE LIMITED CIN: L72200KA1999PLC025564 , India, Amalgamated	Aug 05, 1999	₹1,000+ Cr (As on Mar 31, 2025)	33802 (As on Nov 30, 2022)

Mindtree got acquired by Larsen Toubro on Mar 01, 2019.

Click here to take a look at Mindtree's acquisition in detail

Mindtree has raised a total funding of $23.9M over 2 rounds. Its first funding round was on 1999. Its latest funding round was a Series B round on Aug 01, 2001 for $*****. 4 investors participated in its latest round. Mindtree has 11 institutional investors.

Here is the list of recent funding rounds of Mindtree:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 01, 2001	5043847	Series B	1377618	3722286	6493795	1235974
1999	5187	Series A	1140	7419	Walden Israel & 1 more	9177

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View details of Mindtree's funding rounds and investors

The founders of Mindtree are Krishnakumar Natarajan, Scott Staples, Kalyankumar Banerjee and Subroto Bagchi.

Here are the details of Mindtree's key team members:

Krishnakumar Natarajan: Former Co-Founder of Mindtree and founder of 2 other companies, Nhrdbangalore and Mela Ventures. They are also an angel investor in 18 startups and serve on the board of 1 company.
Contact Info: 2 phone numbers
Scott Staples: Former Co-Founder of Mindtree.
Contact Info: 1 email address
Kalyankumar Banerjee: Former Co-Founder of Mindtree.
Subroto Bagchi: Former Co-Founder of Mindtree.

Mindtree's Board of Directors

Mindtree's board has 10 active members. Debashis Chatterjee is part of team and Bijou Kurien, Deepa Gopalan Wadhwa, Apurva Purohit, Ramamurthi Shankar Raman, Anilkumar Manibhai Naik, Venugopal Lambu, Akshaya Bhargava, Sekharipuram Narayanan Subrahmanyan and Chandrasekaran Ramakrishnan Kolumam are independent board members.

Here is the list of Mindtree's board of directors:

Name	Type	Representing	Status	Duration
jsekwxb	Team	-	Current	9y 5m
Bijou Kurien	Independent board member	-	Current	7y 11m
xsdptge	Independent board member	-	Current	5y 7m
{jgkb{l	Independent board member	-	Current	3y 9m
apybwsx	Independent board member	-	Current	8y 3m
mkess{o	Independent board member	-	Current	9y 2m
xoagbwr	Independent board member	-	Current	1y 7m
roerg{r	Independent board member	-	Current	4y 3m
rxghjki	Independent board member	-	Current	9y 4m
odcquzq	Independent board member	-	Current	4y 6m

View details of Mindtree's Founder profiles and Board Members

Mindtree's employee count trend

Mindtree has 17,942 employees as of May 26. Here is Mindtree's employee count trend over the years:

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Top competitors of Mindtree include IBM, Hewlett Packard Enterprise and UST. Here is the list of Top 10 competitors of Mindtree, ranked by Tracxn score:

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	-	Berkshire Hathaway, Runway & 22 others	80/100
2nd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	78/100
3rd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Nalanda Capital, WestBridge Capital & 9 others	78/100
4th	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
5th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	ChrysCapital, Seaside Private Capital & 1 others	75/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	74/100
7th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, VTB Capital Investment Management ... & 8 others	74/100
8th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	CRV, EQT & 8 others	73/100
9th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
10th	Valtech 1993, Paris (France), Acquired	Provider of diversified application development, IT consulting, and digital transformation services	-	Verlinvest, Kharis Capital & 3 others	73/100

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Mindtree has made 1 investments in companies including COPE Health Solutions. Mindtree has also acquired 6 companies including Relational Solutions and Bluefin Solutions.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 05, 2022	Investments	COPE Health Solutions	2002	Los Angeles (United States)
Jul 16, 2015	Acquisition	Relational Solutions	1996	North Olmsted (United States)
Jul 16, 2015	Acquisition	Bluefin Solutions	2002	London (United Kingdom)