Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company on 6 May 2024.Powered by Capital Market - Live News

Happiest Minds Technologies announced it signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies (PureSoftware) for a total purchase consideration of US $ 94.5 Million (Rs 779 crore) (Upfront of Rs 635 crore on closing and deferred of upto Rs 144 crore payable at the end of FY25 on achievement of set performance targets). PureSoftware with a global presence and headquarters in Noida is a fast-growing Digital Engineering & Transformation Services and solutions provider with deep domain expertise. PureSoftware partners with global enterprises across focused verticals which include Banking & Financial Services and Insurance (BFSI), Healthcare & Life Sciences, Retail & Logistics, and Gaming & Entertainment. The Company also has an award-winning Banking-as-a-Service Platform �Arttha�. Through this acquisition, Happiest Minds strengthens its domain capabilities in Banking, Financial Services, Insurance (BFSI) and Healthcare and Life Sciences verticals. The 1,200 people company will augment the capabilities and services offerings to Happiest Minds` already strong Product & Digital Engineering Services (PDES) Business Unit. In addition to augmenting its presence in USA, UK and India, Happiest Minds will also get a near-shore presence in Mexico and offices in Singapore, Malaysia, and Africa. PureSoftware reported revenues of US $ 43 Million (~ ₹351 Crores) for Fiscal 2024.Powered by Capital Market - Live News

Happiest Minds Technologies has executed share purchase agreement to acquire 100% equity interest in Macmillan Learning India, subject to the terms and conditions set out in the agreement. On closing the said transaction, Macmillan Learning India will become a wholly owned subsidiary of the company. The cost of acquisition is Rs 4.5 crore. The acquisition is expected to be completed by 30 April 2024. Macmillan Learning India is a wholly owned subsidiary of the Macmillan group, USA. The subsidiary provides software development services to the Macmillan group and has been working as an ``Offshore Development Centre�.Powered by Capital Market - Live News

Happiest Minds Technologies today announced that it has beenrecognized among the `Top 30 Future-Ready Workplaces of India` by Fortune India.Powered by Capital Market - Live News

Happiest Minds Technologies announced that it has been engaged by MindSculpt Analytics, a Healthcare Solutions Company, for reshaping the science of exploration of complex data to deliver tailored medical diagnostics solutions leveraging advanced Artificial Intelligence and Machine Learning techniques. The significant advancements in engineering and data sciences, along with enhanced computational capabilities, have ushered in new possibilities beyond traditional medical science-based preventive and diagnostic approaches. Instead, there`s a shift towards innovative technology-driven interceptive solutions. This project seeks to deliver precise mapping of individuals` physiology, facilitating a highly nuanced comprehension of health, wellness, and aging on an individual level.Happiest Minds, with its technology, bioinformatics, and data science expertise, has been chosen by MindSculpt Analytics to build this preventive & diagnostics platform. The focus of the current engagement is to build a holistic health portrait of the individual and over time leverage this for an early and accurate diagnosis and personalized treatments of multiple ailments that include a range of age and neuro-related diseases. The health portrait will be equipped to track post-disease recovery also.Powered by Capital Market - Live News