Bangalore, April 25, 2013: The two-year old next generation IT Solutions & Services Company, Happiest Minds Technologies, closed its first full financial year 2012-13 with annualized run rate of $20 million. Focusing on disruptive technologies as its core strategy, Happiest Minds now has 45 customers across US, UK, India, and Asia Pac.
Says Ashok Soota, co-founder and Executive Chairman, Happiest Minds: “We are off to a great start and our current annualized run rate has set a new benchmark for the IT services industry in its first full financial year. Our unique message of ‘Happiness’ is resonating well with our people and customers”.
Adds Vikram Gulati, MD & CEO: “Our market and customer momentum validate our strategy of focusing on disruptive technologies. From startups to Fortune 500 organizations, we have been able to leverage technologies like cloud, mobility, analytics, social computing, security and unified communications across industries to create business value for our customers.”
Happiest Minds is on track to achieve a long term goal of becoming a public company and fastest to achieve $100M.
The company was launched in August, 2011 by Ashok Soota and a team of industry experts, with the mission to create Happiest People and Happiest Customers. Happiest Minds focus industries include Retail, CPG, Technology, Banking, Financial & Insurance Services, Travel, Hospitality& Transportation, Manufacturing and Media & Entertainment. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $45 million Series A funding led by Canaan Partners, Intel Capital, Ashok Soota and supported by its founders. www.happiestminds.com