About Mindtree
Mindtree is a company based in Bengaluru (India) founded in 1999 was acquired by L&T in March 2019. Mindtree has raised $23.9 million across 2 funding rounds from investors including L&T, Capital Group and VIZ Media. Mindtree has completed 5 acquisitions, including 7Strata, Aztecsoft and Discoverture Solutions. Mindtree offers products and services including CloudXperienz and Fosfor. Mindtree operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Bengaluru, India
- Stage Public
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$23.9 M (USD)
in 2 rounds
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Latest Funding Round
$14.4 M (USD), Series B
Aug 01, 2001
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Investors
L&T
& 5 more
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Employee Count
Not available
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Investments & Acquisitions
7Strata
& 4 more
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Acquired by
L&T
(Mar 01, 2019)
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Products & Services of Mindtree
Mindtree offers a comprehensive portfolio of products and services, including CloudXperienz and Fosfor.
Platform for managing cloud infrastructure and experiences efficiently.
Tool for providing data insights and analytics to businesses.
Funding Insights of Mindtree
Mindtree has successfully raised a total of $23.9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14.4 million completed in August 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Mindtree
Mindtree has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include L&T, Capital Group and VIZ Media.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing globally in early & expansion stage companies
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Locked | Locked | Locked | |
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Israeli tech and offline companies are funded by Walden Israel.
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Locked | Locked | Locked | |
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Investment management services are provided for long-term investors.
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Locked | Locked | Locked |
Investor details for Mindtree
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Investments & Acquisitions by Mindtree
Mindtree has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 7Strata, Aztecsoft and Discoverture Solutions.
Investment portfolio details for Mindtree
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Salesforce consulting and implementation services are provided to large enterprises.
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Locked | Locked | 2008 | Locked | |
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Provides a versatile platform for managing remote infrastructure efficiently.
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Locked | Locked | 2007 | Locked | |
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Core insurance systems and policy administration services are provided.
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Locked | Locked | 2002 | Locked |
Complete acquisition details for Mindtree
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- Acquired stakes
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Verified entity values are shown only after access is granted.
Financial Statements - Mindtree
Detailed financials for Mindtree
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- Profit trends
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Mindtree Comparisons
Peer comparison for Mindtree
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Competitors of Mindtree
Mindtree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| Locked | Locked | Locked |
IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Mindtree
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Verified entity values are shown only after access is granted.
Latest news on Mindtree
Complete news archive for Mindtree
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Frequently Asked Questions about Mindtree
Mindtree was founded in 1999.
Mindtree is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Debashis Chatterjee is the current CEO of Mindtree.
Mindtree is a funded company, having raised a total of $23.9M across 2 funding rounds to date.
Founded in 1999 and headquartered in Bengaluru, India, Mindtree operates as an outsourcing provider in the information technology sector. Services encompass engineering, quality assurance, digital media, strategy consulting, research and development, and infrastructure management. Specific offerings include Bluetooth solutions, digital video surveillance, SAP insurance implementations, and MWatch for end-to-end IT infrastructure monitoring. Operations focus on global delivery of these technology and consulting services.
Mindtree's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Mindtree offers CloudXperienz and Fosfor.
Mindtree has made 5 acquisitions, including 7Strata, Aztecsoft, and Discoverture Solutions.
Mindtree has 6 investors. Key investors include L&T, Capital Group, VIZ Media, GTV Inc, and Walden International.