Happiest Minds Share Price

Happiest Minds, an abbreviated name for the Happiest Minds Technologies Limited, is an IT company that offers various IT solutions to different sectors and enable them to capture the business benefits of emerging technologies like cloud computing, social media mobility solutions business intelligence analytics.Their services include IT-based technologies, Artificial Intelligence (AI), Internet of Things (IoT), Virtual Reality (VR), Augmented Reality (AR), robotics, drones, digital process, automation, blockchain, etc.

1. Some of the primary services that this company offers include:
2. Digital transformation
3. IOT
4. Product engineering services
5. Agile infra and security services
6. Digital process automation
7. Analytics

Since its inception in 2011, HAPPSTMNDS has successfully collaborated with many national and international firms, expanding its horizon globally with over 170+ happy customers.

Formerly named the Happiest Minds Technologies Private Limited, Happiest Minds Technologies Limited or HAPPSTMNDS came into existence in 2011. Ashok Soota is credited with the foundation of this next-generation IT solutions and services company. Other founders of the company were Aurobinda Nanda, Dattatreya Salagame, Puneet Jetli, Raja Shanmugam, Salil Godika, Joseph Anantraju, and Raja Sekher.

These great minds started this company with a thought process of enabling enterprises with various IT-based technologies. Initially, the company received funding of USD 52.5 million in Series-A round. The primary investors in HAPPIEST MINDS are JP Morgan Assets Management, Intel Capital, and Ashok Soota. The IT conglomerate is presently headquartered in Bangalore, India. Its services and operations are also available overseas in other countries, such as the United States, Canada, the United Kingdom, Australia, the Middle East, and Singapore.

Primary industries that HAPPIEST MINDS catered to are:

1. Automotive
2. BFSI
3. Consumer packaged goods
4. E-commerce, edutech
5. Engineering R&D, hi-tech manufacturing
6. Retail and travel/transportation/hospitality

Major timelines 

Since its inception it has done various acquisitions. Some of the significant events in the timeline of the company are listed below:
    
2011 - Inception of the company with the headquarter in Bengaluru, India     
     
2012 - Expansion of the company overseas. First overseas office in Reading, UK, in March 2012     
     
2013 - Accreditation from the Security Management System (ISMS), Partnerships with KidoZen (a Florida-based mobile platform company) and DataWind (an Indian company that provides wireless web access services)     
     
2014 - Collaboration with NY-based MongoDB (a database firm), XchangeLabs (Texas-based pharmacy     automation provider company), and Mastercard'sMatercard's

2015 -  Accreditation from Quality Management System (QMS), Partnership with Openbravo- Spain-based open-source software firm.     
     
2016 - Collaboration in the Industrial Internet Consortium (IIC).     
     
2017 - Acquisition of Cupola Technology, which is an IoT-based startup. Similarly, HAPPSTMNDS also acquired another US-based digital transformation provider company OSSCube.     
     
2018 - First wholly owned subsidiary company in the United States on March 31, 2018

2020 - Launch of an IPO
 

Awards and Accolades

Due to its relentless services in IT solutions, it has consistently received various accolades. Some of the prominent achievements of this company are:

2015 - It’s IOT platform MIDAS was awarded Gold at Express IT awards.
2016 - Great Lakes Data science excellence
2017 - Awarded Digital Transformation Services provider by Frost and Sullivan
2018 - Red Herring top 100 Global Award
2019 - Red Herring Top 100 Asia Award, Great Place to Work's award, Top India's Best places to work for women, Top 20 most promising robotic process automation companies as per CIO review India, cited in the IOAP best of the outsourcing list.

Stock Exchange Listing and Market Cap of HAPPSTMNDS

Larsen & Turbo Emerging Business Fund Direct growth – 0.78%
IDBI India Top 100 Equity fund Growth – 0.54%
Kotak Small Cap Fund Direct-Growth- 0.28%
SBI Magnum Midcap Direct plan growth- 0.22%