Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) has reported its first quarter of the fiscal year 2024 (Q1 FY24) results with revenue growth of 3.5% quarter over quarter (q-o-q) and 13.8% year over year (y-o-y). The figures further detailed an operating revenue of $47.6 million, indicating a growth rate of 3.6% q-o-q and 12.7% y-o-y. In terms […]
Happiest Minds Technologies Limited, an Indian digital transformation IT consulting and services company, has announced the successful completion of its capital raise of ₹ 500 crores ($61 million) through a Qualified Institutions Placement (QIP) of equity shares. The company’s Board of Directors’ Fund-Raising Committee approved the allotment of 54,11,255 equity shares of face value ₹2 […]
Happiest Minds Technologies has wrapped up the previously announced acquisition of Madurai-based IT services company Sri Mookambika Infosolutions (SMI). The Indian multinational technology company informed stock exchanges that the integration process and the subsequent conditions to closing of the deal have been completed on 7 June 2023. Happiest Minds Technologies announced the deal in January […]
Happiest Minds Technologies, a Mindful IT Company, has entered into a partnership with NIQ Brandbank, a provider of digital product content solutions, with the objective to solve challenges in product data and shopper experience. Based in India, Happiest Minds Technologies is a global strategic partner for Pimcore, which is a technology firm that offers data […]
Happiest Minds Technologies has acquired Sri Mookambika Infosolutions (SMI), a Madurai-based IT services company in a deal worth INR 111 crores. The consideration will be paid via a mix of upfront and deferred equity, said the India-based Mindful IT Company. Sri Mookambika Infosolutions is engaged in providing product engineering services to its customers in the […]
Happiest Minds Technologies, a Mindful IT Company, has inaugurated a new development centre in Bhubaneswar as part of its long-term investment plans for further growth in Odisha. The Happiest Minds Development Centre at Bhubaneswar located at Fortune Towers was opened by Odisha Chief Minister Naveen Patnaik. Naveen Patnaik said: “Odisha has been taking giant strides […]
Happiest Minds Technologies, a Mindful IT Company, has partnered with CredQuant Solutions, Singapore’s ESG (Environmental, Social, and Governance) solution provider, to drive ESG transformation in banking, financial services, and insurance (BFSI) space. The partnership is expected to help BFSI customers address ESG Screening, ESG Rating Models, Sustainability Disclosures & Reporting, Impact Reporting and Carbon Footprint […]
Happiest Minds Technologies, an Indian digital transformation and IT services company, said that it has acquired a commercial property in Bengaluru for INR 101 crores. The Grade A, fully built up ready to use property has a built area of 240,000sft. The acquired facility of Happiest Minds Technologies has a seating capacity of 1,600 seats, […]
India-based Happiest Minds Technologies has entered into a partnership with CloudFabrix’s Robotic Data Automation Fabric (RDAF), a transformational low code data intelligence, and automation platform, with an objective of delivering next generation managed services. RDAF is said to consolidate disparate data sources and converges on the main cause by applying dynamic artificial intelligence (AI)/machine learning […]
Happiest Minds Technologies Limited has reported a profit after tax (PAT) of INR 48.92 crores for the third quarter of the fiscal year 2022 (Q3 FY22), an increase of 16.1% compared to INR 42.15 crores in the same period of the previous fiscal year. The Indian digital transformation and IT services company earned revenues of […]