Happiest Minds Q3 profit dips 16%, revenue up 27%Its operating margin were squeezed to 17.5% from 17.9% in previous quarter and 20.1% from a year ago. Without the investments, the Ebidta m...
05 Feb, 2025, 06.06 PM IST
India ranks third globally in fintech funding despite 33% lower infusion in 2024: ReportIndia ranks third globally in fintech funding in 2024 despite a 33% annual decline to $1.9 billion. The ecosystem showed resilience with tw...
13 Jan, 2025, 12.56 PM IST
Happiest Minds profit dips 15.3% on salary hikes, investmentsThe drop in profit was primarily due to salary increments for most of its employees rolled out from July 1, impacting 2.30% of its profitab...
14 Nov, 2024, 07.22 PM IST
IT firm Happiest Minds reports growth in BFSI verticalHappiest Minds experienced a 540 basis point increase in its BFSI vertical, influenced by the acquisitions of Aureus and PureSoftware. Thes...
14 Aug, 2024, 06.00 AM IST
Indian fintech sector sees 59% drop in funding in H1 2024, remains among top three globallyThe fintech sector saw a nearly 60% slump in funding for the first six months of 2024. Startups in the space raised $795 million during thi...
05 Jul, 2024, 06.31 PM IST
IT midcaps weather market storm to enter billion-dollar clubMany other mid-cap IT firms are also eyeing an entry into the billion-dollar club in the coming quarters while the above-mentioned four are...
15 May, 2024, 06.43 AM IST
Midcaps up M&A game with winds of tech spends revivalIndian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business mode...
10 May, 2024, 06.11 AM IST
Happiest Minds makes third acquisition for $8.5 millionThis is the third acquisition for the Bengaluru-based IT services firm in FY25 so far with two acquisitions PureSoftware Technologies and M...
09 May, 2024, 01.23 PM IST
Happiest Minds focusing on areas like analytics, automation, gen AI and security: Joseph AnantharajuVenkatraman Narayanan and Joseph Anantharaju of Happiest Minds outline positive Q4 results and strategic plans for FY25, leveraging recent ...
08 May, 2024, 09.38 AM IST
Happiest Minds Tech Q4 Results: Profit jumps 25%, revenues up 10%Happiest Minds Tech Q4 Results: For full year, the Bengaluru-headquartered firm’s profit rose 7.5% to Rs 248.39 crore from Rs 230.99 crore ...
07 May, 2024, 02.15 PM IST
Happiest Minds Tech Q4 profit jumps 25%, revenues up 10%Happiest Minds executive chairman Ashok Soota said the company is on track for its longterm vision of $1 billion revenue in FY31, thanks to...
07 May, 2024, 11.18 AM IST
Happiest Minds to acquire PureSoftware Technologies for Rs 779 croreHappiest Minds Technologies Ltd to acquire PureSoftware Technologies for USD 94.5 million, focusing on enhancing domain capabilities in BFS...
25 Apr, 2024, 12.58 PM IST
Netflix’s Reed Hastings collects $225 million in stock saleHastings has collected enough cash in 2020 to produce all four seasons of “The Crown,” all six seasons of “Peaky Blinders” or the equivalen...
24 Dec, 2020, 01.51 PM IST
Nokia software wants to dial into India’s 5G pushThe Software company looks to expand India operations to build new products for customers globally.
10 May, 2019, 10.18 AM IST
Backed by Ratan Tata, SoftBank, this startup predicts when the next flood will hit youThe startup uses its own pure-software methods and takes the help of existing infrastructure or day-to-day devices such as street cameras, ...
24 Apr, 2019, 10.55 AM IST
Israel-based software firm Ness Tech planning to increase its India staffThe company will hire 1,000 employees in India in the next year, said Satyajit Bandyopadhyay, president and managing director at Ness Techn...
02 Dec, 2014, 12.01 PM IST
Quick Heal may be India's first pure software co to take the IPO routeQuick Heal received its first VC funding in 2010 from Sequoia, the same firm that boasted of nearly $3-bn payday from its investment in Wha...
12 Mar, 2014, 10.02 AM IST