Through this acquisition, Happiest Minds said it has strengthened its in-house capabilities in the banking, financial services, insurance (BFSI) and healthcare and life sciences sectors.
PureSoftware, with its 1,200-strong workforce, will enhance the capabilities of the services offering for Happiest Minds' product and digital engineering services (PDES) business unit.
"Our mission to have the happiest people." Happiest Customers and PureSoftware's 'Customer Delight by Creating Employee Delight' aligns with our shared vision of bringing happiness to people and customers,” said Ashok Soota, Executive Chairman, Happiest Minds.
In addition to expanding its presence in the US, UK and India, Happy's Minds will also gain a near-shore presence in Mexico and offices in Singapore, Malaysia and Africa.
PureSoftware reported revenue of $43 million (Rs 351 crore) for fiscal year 2024.
“As a part of the Happiest Minds family, we will be able to deliver even greater value to our stakeholders, including customers, employees and partners,” said Anil Baid, President and Chief Strategy Officer, PureSoftware.
The acquisition includes an upfront payment of Rs 635 crore and a deferred payment of up to Rs 144 crore payable at the end of FY2025 on achievement of prescribed performance targets.
PureSoftware, with its 1,200-strong workforce, will enhance the capabilities of the services offering for Happiest Minds' product and digital engineering services (PDES) business unit.
"Our mission to have the happiest people." Happiest Customers and PureSoftware's 'Customer Delight by Creating Employee Delight' aligns with our shared vision of bringing happiness to people and customers,” said Ashok Soota, Executive Chairman, Happiest Minds.
In addition to expanding its presence in the US, UK and India, Happy's Minds will also gain a near-shore presence in Mexico and offices in Singapore, Malaysia and Africa.
PureSoftware reported revenue of $43 million (Rs 351 crore) for fiscal year 2024.
“As a part of the Happiest Minds family, we will be able to deliver even greater value to our stakeholders, including customers, employees and partners,” said Anil Baid, President and Chief Strategy Officer, PureSoftware.
The acquisition includes an upfront payment of Rs 635 crore and a deferred payment of up to Rs 144 crore payable at the end of FY2025 on achievement of prescribed performance targets.
