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ICICI Direct: Happiest Minds Technologies - Strong Brand In Digital IT Services 

ICICI Direct: Happiest Minds Technologies - Strong Brand In Digital IT Services

People working on laptop computers. (Photographer: Sarah Blesener/Bloomberg)
People working on laptop computers. (Photographer: Sarah Blesener/Bloomberg)

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ICICI Direct Report

Happiest Minds Technologies Ltd. focuses on delivering a seamless digital experience to its customers.

The company’s offerings include, among others, digital business, product engineering, infrastructure management and security services.

The company’s capabilities include giving end-to-end solution in the digital space.

Happiest Minds Technologies has repeat business from its customer base, which includes more than 35 Fortune 2,000/Forbes 200/billion dollar corporations.

The company’s broad range of offerings helps to up-sell while multiple business units (BUs) help it to cross-sell to existing customers as well as to acquire new customers.

Its average revenue per customer has increased from $471,472 in FY18, to $501,562 in FY19 to $614,675 in FY20.

The company’s total income and Ebitda has grown at a compound annual growth rate of 20.8% and 285.3%, respectively between FY18 and FY20.

Click on the attachment to read the full report:

ICICI Direct Happiest Minds IPO Review.pdf

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