Happiest Minds forays into S'pore

Happiest Minds Technologies, IT Solutions & Services company, announced its expansion to cater to the regional businesses with the recent launch of its Singapore operations.

With Singapore holding leadership position in the Infocomm landscape in Asia, regional and international businesses are expected to leverage Singapore as a hub for business impacting IT solutions and services. Against this backdrop, Happiest Minds is establishing its presence in Singapore, and is looking to be a prominent player focusing on disruptive technologies.

Commenting on its expanded focus, Happiest Minds Executive Chairman Ashok Soota said, “In the last 15 months since our inception, our themes of happiness and exclusive focus on disruptive technologies have resonated well with our stakeholders.”

Soota said he has built a base of 600 employees and 12 offices for Happiest Minds in the past one year. Eight of these offices are in the United States, one each in Bangalore, New Delhi and London as well as the Singapore regional operations.

Eyes IPO in 7 years

Soota said it will be publicly listed in about seven years once it achieves annual turnover of over $100 million.

“We will take the company public in about seven years, plus or minus a year,” said Soota, who has already garnered an investment of $45 million from US-based venture capital funds for the one-year old IT services company. “We expect to build the business into over $100 million a year turnover group in about six years,” he said.

Soota said he expected to make a second round of funding call close to going public in 2018-2019. He said Happiest Minds would stay focussed on providing integrated solutions, services & IPs involving disruptive technologies like Mobility, Cloud Computing, Social Media, Analytics, Business Intelligence and Unified Communications to global corporations.

He underlined the Happiest Minds mission of “Happiest People, Happiest Customers”, saying Happiest Minds sees itself as a happiness evangelist for its people and its customers.