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Annual Revenue,rose 26.44%, in the last year to ₹2,162.22 Cr. Its sector's average revenue growth for the last fiscal year was 5.92%.Quarterly Revenue,rose 9.96% YoY to ₹595.18 Cr. Its sector's average revenue growth YoY for the quarter was 7.09%.Quarterly Net profit,rose 9.09% YoY to ₹54.02 Cr. Its sector's average net profit growth YoY for the quarter was 1.37%.
Happiest Minds Technologies Limited is an Indian IT services company incorporated on March 30, 2011, and headquartered in Bengaluru. It partners with global enterprises to deliver Product & Digital Engineering Services, Generative AI Business Services, and Infrastructure Management & Security Services, positioning itself as “Born Digital. Born Agile.” The company brings solutions across industry groups—Banking, Financial Services & Insurance (BFSI), EdTech, Healthcare & Life Sciences, Hi‑Tech & Media & Entertainment, Industrial, Manufacturing & Energy & Utilities, and Retail, CPG & Logistics—leveraging technologies such as artificial intelligence, cloud, analytics, IoT, and cybersecurity. In FY 2024‑25, Happiest Minds served 281 clients, including 73 new additions, reflecting a broad, diversified customer base.
The company’s footprint spans 14 countries with 41 offices, with operations in the U.S., UK, Canada, Australia and the Middle East. In its latest reporting, exports contributed 85.67 Per cent of turnover, underscoring the company’s international orientation. As of March 31, 2025, Happiest Minds had 21 subsidiaries.
Key milestones over the latest year include strategic acquisitions, a new apex organisational structure, and a reorganisation into industry groups to accelerate growth and delivery excellence. These steps are part of an integration- and innovation-led approach to “Delivering Transformation with Innovation, Integration and Industry Expertise.”
– Ashok Soota – Chairman & Chief Mentor
– Joseph Anantharaju – Co‑Chairman & CEO
– Venkatraman Narayanan – Managing Director
– Rajiv Shah – Executive Director
– New apex structure: On March 19, 2025, the company announced a refreshed top leadership structure—Joseph Anantharaju as Co‑Chairman & CEO; Ashok Soota as Chairman & Chief Mentor; and Venkatraman Narayanan as Managing Director.
– Strategic acquisitions: Happiest Minds completed the acquisitions of PureSoftware Technologies and Aureus Tech Systems during the year, and closed the acquisition of GAVS Technologies’ Middle East business in February 2025, adding entities in Dubai, Oman and Saudi Arabia to strengthen BFSI‑focused application and infrastructure capabilities.
– Organisational redesign: The company reorganised into industry groups—BFSI; EdTech; Healthcare & Life Sciences; Hi‑Tech, Media & Entertainment (and PSO); Industrial, Manufacturing, Energy & Utilities; and Retail, CPG & Logistics—to sharpen domain delivery.
– Client and market highlights: The USA remained the largest revenue contributor, followed by India and Europe, with 281 clients served in FY 2024‑25.
– Recognitions: Among several honours, the company featured in AIM’s “50 Best Firms for Data Scientists to Work for 2024,” won the CNBC‑TV18 India Risk Management Award 2024, and was awarded “Best DevOps Framework for Scalability and Security (IT Services)” at the India DevOps Show 2025.
The company specialises in Product & Digital Engineering, Generative AI Business Services, and Infrastructure Management & Security Services for enterprises across multiple industries. Its offerings span cloud, AI/analytics, cybersecurity, IoT and more.
Happiest Minds is headquartered in Bengaluru, India, with operations in the U.S., UK, Canada, Australia and the Middle East, and a presence across 14 countries. Exports contributed 85.67 Per cent of turnover in the latest year.
The company announced a new apex leadership structure on March 19, 2025, completed acquisitions of PureSoftware and Aureus Tech Systems, and acquired GAVS Technologies’ Middle East business in February 2025. It also reorganised into focused industry groups to deepen domain‑led delivery.
