Mindtree
 |
|
| Public | |
| Traded as | : ; : MINDTREE |
| Industry | IT services, IT consulting |
| Founded | 18 August 1999 |
| Founder |
Subroto Baghchi Ashok Soota Namakal Parthasarathy Krishnakumar Natarajan |
| Headquarters | Bangalore, India |
|
Key people
|
Subroto Bagchi (Non-executive director) Krishnakumar Natarajan (Chairman) |
| Services | IT, business consulting and outsourcing services |
| Revenue |
 ₹4,689.6 crore (US$700 million) (FY 2015–16) |
|
₹830.4 crore (US$120 million) (FY 2015–16) |
|
|
₹603.3 crore (US$90 million) (FY 2015–16) |
|
|
Number of employees
|
16,110 (June 2016) |
| Website | www |
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.
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 and . 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.
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