Type Public Headquarters Bengaluru | Founded 18 August 1999 | |
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Traded as BSE: 532819; NSE: MINDTREE Industry IT services, IT consulting Key people Subroto Bagchi (Non-executive director)
Krishnakumar Natarajan (Chairman) Services IT, business consulting and outsourcing services Stock price MINDTREE (NSE) ₹ 473.55 +0.90 (+0.19%)10 Mar, 3:30 PM IST - Disclaimer CEO Rostow Ravanan (1 Apr 2016–) Revenue 46.9 billion INR (2015–2016) Founders Subroto Bagchi, Ashok Soota, Krishnakumar Natarajan Profiles | ||
Mindtree kalinga rises creating engineers for tomorrow
Mindtree Limited is an Indian multinational information technology and outsourcing company headquartered in Bangalore, India and New Jersey, USA. Founded in 1999, the company employs approximately 16,500+ employees with annual revenue of $700+ million. The company deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, EAI and ERP, with more than 240 clients and offices in over 25 countries. Its largest operations are in India and major markets are United States and Europe. The company was formed on 18 August 1999 by ten IT professionals, who formerly worked for Cambridge Technology Partners, Lucent Technologies, and Wipro.
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History
In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals of which three of them invested through an entity incorporated in Mauritius. It was funded by the venture capital firms Walden International and Sivan Securities, and later in 2001 from the Capital Group and Franklin Templeton. It became a public company on 12 December 2006 and was listed on the Bombay Stock Exchange and National Stock Exchange. The IPO opened on 9 February 2007 and closed on 14 February 2007. The IPO was oversubscribed more than 100 times. Mindtree announced a new brand identity and logo, with the slogan "Welcome to possible" on September 28, 2012.
As of 2012 the company had 28 offices in 14 countries. Mindtree setup its first U.S. delivery center (USDC) in Gainesville, Florida, under the leadership of Scott Staples, co-founder and Global Head of Sales.
Digital Pumpkin, the company's research and development lab, is at Bengaluru, India
Services
The company specializes in Application Development and Maintenance, Data Analytics, Digital Services, EAI BPM (Enterprise Application Integration and Business Process Management), Engineering R&D, Enterprise Application Services, Independent Testing, Infrastructure Management Services and IT Strategy & Consulting.
Mindtree provides various Research and Development services such as Bluetooth Solutions, Digital Video Surveillance, MindTest(Integrated Test Methodology), MWatch(IT infrastructure management and service platform), Atlas (Application Managed Services), SAP Insurance and OmniChannel.
Mindtree’s business is structured around clients in key verticals such as Banking, Capital Markets, Consumer Devices & Electronics, Consumer Packed Goods, Independent Software Vendors, Manufacturing, Insurance, Media & Entertainment, Retail, Semiconductors and Travel and Hospitality industry.
Employees
Mindtree has a total of 17,000+ employees as of March 2016, of which 28% were women. Its workforce consists of employees representing 48 nationalities working from various offices across the globe. Out of its total workforce, 94% are software professionals and remaining 6% work for support and sales.
Philanthropy
Mindtree Foundation is a unit of Mindtree that works in the pursuit of better living for people with disabilities and enhancement in the quality of primary education. Mindtree Foundation was incorporated on 20 November 2007 under section 25 of Companies Act. Html//Mindtree Mindtree’s employees, assistive technologies and associations with NGOs help to provide:
Mindtree Foundation is associated with: