Mindtree

Mindtree offers data analytics, application development, and infrastructure management services for retail and manufacturing sectors. Read more

8,026 Followers on Owler
8,026 Followers on Owler
8,026 Followers on Owler
8,026 Followers on Owler

Mindtree

Mindtree offers data analytics, application development, and infrastructure management services for retail and manufacturing sectors. Read more

Debashis Chatterjee's photo - Managing Director & CEO of Mindtree

Managing Director & CEO

Debashis Chatterjee

CEO Approval Rating

67/100

MINDTREE TOP COMPETITORS OR ALTERNATIVES

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TCS is a top competitor of Mindtree. TCS was founded in Mumbai, Maharashtra} in 1968. TCS competes in the IT Services industry. Compared to Mindtree, TCS generates $21.7B more revenue.

Infosys is Mindtree's #2 competitor. Infosys is headquartered in Inn Bangalore, Karnataka, and was founded in 1981. Infosys competes in the Data Processing Services field. Infosys generates 1,225% the revenue of Mindtree.

Wipro has been one of Mindtree's top competitors. Wipro is a Public company that was founded in 1945 in Inn Bangalore, Karnataka. Like Mindtree, Wipro also competes in the IT Services industry. Compared to Mindtree, Wipro has 158,009 more employees.

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Mindtree Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.1B

Mindtree's revenue is the ranked 15th among it's top 10 competitors. The top 10 competitors average 4.9B. Over the last four quarters, Mindtree's revenue has grown by 24.4%. Specifically, in Q1 2021's revenue was $315.1M; in Q4 2020, it was $274.1M; in Q3 2020, it was $264.2M; in Q2 2020, Mindtree's revenue was $253.3M.

Mindtree Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Magnet360, LLC

Jan 2016

Source »
$37M
Magnet 360 provides Salesforce consulting, CRM implementation, automation and channel marketing and mobile development services to businesses.
Relational Solutions, Inc.

Jul 2015

Source »
$7M
Relational Solutions delivers enterprise demand signal repositories, data integration and trade promotion management to the consumer goods industry. 
Bluefin Solutions limited

Jul 2015

Source »
$65M
Bluefin Solutions is a management consultancy firm that delivers business consulting and technology strategy for SAP integration services.
Discoverture Solutions, LLC

Jan 2015

Source »
$15M
Discoverture provides information technology solutions and services for the insurance and healthcare industries.

-

7Strata

Apr 2010

Source »
$1.5M
-

These are all the companies that Mindtree has acquired. Mindtree has acquired 10 companies and its latest acquisition was Magnet360, LLC in Jan 2016. Magnet 360 provides Salesforce consulting, CRM implementation, automation and channel marketing and mobile development services to businesses.

Mindtree Funding History

Since Mindtree was founded in 1999, it has participated in 2 rounds of funding. In total Mindtree has raised $23.2M. Mindtree's last funding round was on Jul 2001 for a total of $14.1M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Angel
Jul 2001
$14.1M
Angel
Aug 1999
$9.1M
-

Since Mindtree was founded in 1999, it has participated in 2 rounds of funding. In total Mindtree has raised $23.2M. Mindtree's last funding round was on Jul 2001 for a total of $14.1M

Mindtree Investments

No recent investments found related to Mindtree

These are all the companies that Mindtree has invested in. Mindtree has invested 10 companies and its latest investment was Magnet360, LLC in Jan 2016. Magnet 360 provides Salesforce consulting, CRM implementation, automation and channel marketing and mobile development services to businesses.

Mindtree News

April 18, 2021The Economic Times

Mindtree says order book at all-time high, focus on long-term deals

Mindtree closed FY21 with an order book of $1.4 billion, 12% higher than the previous fiscal, CEO Deb... See more »
April 17, 2021Webindia123

Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final dividend of Rs17.5 per share

Bangalore (Karnataka) [India]/ Warren (New Jersey) [USA], April 17 (ANI/PRNewswire): Mindtree, a glob... See more »
April 17, 2021Telecomlive

Strong focus on operational efficiency drives Mindtree profit up 54% YoY

Mid-sized IT firm Mindtree on Friday reported a 53.9 per cent rise in fourth quarter profit to Rs 317... See more »
April 16, 2021The Times of India

Mindtree Q4 net profit climbs 54% to Rs 317.3 crore

IT firm Mindtree on Friday said its consolidated net profit rose 53.9 per cent to Rs 317.3 crore for ... See more »
April 16, 2021Moneycontrol

Mindtree Q4 profit falls 2.8% to Rs 317.3 crore, dollar revenue growth at 5.2%

The consolidated revenue grew by 4.2 percent quarter-on-quarter to Rs 2,109.3 crore, said Mindtree.... See more »
April 16, 2021The Economic Times

Consolidated PAT falls 3% QoQ, but beats estimates; company declares dividend of Rs 17.5/share

The company's consolidated revenues rose 4.2 per cent on a sequential basis to Rs 2,109.3 crore, whic... See more »

Mindtree Blogs

November 30, 2017Mindtree Blog

Why RegTech is the next big thing in Financial Sector?

RegTech solutions will help the companies to automate regulatory compliance tasks and reduce operatio... See more »
November 30, 2017Mindtree Blog

The Changing Face of Monitoring and Reporting

Digital transformation is everywhere today. Digitization has become deeply embedded in nearly all bus... See more »
November 30, 2017Mindtree Blog

Monitoring large scale distributed computing services

Digital transformation is everywhere today. Digitization has become deeply embedded in nearly all bus... See more »
November 20, 2017Mindtree Blog

GDPR: Stumbling block for Blockchain?

Learn how General Data Protection Regulation (GDPR), a new regulation on Data protection in the Europ... See more »
November 16, 2017Mindtree Blog

How Artificial Intelligence is reshaping Consumer Packaged Goods companies: Part 2

Artificial Intelligence (AI) offers huge benefits for CPG companies to optimize their supply chain op... See more »
November 16, 2017Mindtree Blog

How Artificial Intelligence is reshaping Consumer Packaged Goods companies: Part 1

Artificial Intelligence offers huge benefits to Consumer Packaged Goods (CPG) industry across three k... See more »
November 15, 2017Mindtree Blog

How Telematics is transforming the future of Auto Insurance

Telematics powered Connected Cars have a treasure trove of information about your driving habits, dri... See more »

Mindtree Press Releases

September 18, 2019centralcharts

ISG Names Mindtree, IBM Winners of 2019 ISG Star of Excellence Awards

ISG Names Mindtree, IBM Winners of 2019 ISG Star of Excellence Awards Enterprise customers rank Mindt... See more »
July 18, 2019centralcharts

Mindtree Named a Preferred Partner for Microsoft Azure Kubernetes Service

WARREN, New Jersey and BANGALORE, India, July 18, 2019 /PRNewswire/ -- Mindtree, a global technology ... See more »
December 11, 2018PR NewsWire Sys-Con Media

Mindtree.org Launches Social Inclusion Platform to Democratize Technology for Micro-Entrepreneurs

WARREN, New Jersey and BANGALORE, India, December 11, 2018 /PRNewswire/ --read more... See more »
September 17, 2018centralcharts

Mindtree Partners With IIT Madras to Establish an Endowed Faculty Fellow Position in Data Science and AI

Mindtree, a global technology services and digital transformation company, has partnered with the Ind... See more »
September 12, 2018centralcharts

New Mindtree Study

Emerging technologies have created unprecedented opportunities for travel industry providers to offer... See more »
April 24, 2018PR Newswire

Magnet 360 Announces Lightning Bolt Factory, for Salesforce Lightning Bolt, Empowering Companies to Deploy Faster With Partner-built Industry Solutions

MINNEAPOLIS, April 24, 2018 /PRNewswire/ -- New Lightning Bolt Factory from Magnet 360, the Mindtree ... See more »

Mindtree Videos

Social Media

Mindtree Headquarters

Mysore Road Global Village, RVCE Post

Bangalore, Karnataka560059

91-80670-64000

Driving Directions »

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Mindtree Summary

ABOUT

Overview

Mindtree Limited (Bombay Stock Exchange, 523819) provides information technology consulting and outsourcing services. Founded in 1999, the company has its headquarters in Bangalore, Karnataka, India. The company deals in e-commerce, mobile application...

CEO

Mindtree's Managing Director & CEO, Debashis Chatterjee, currently has an approval rating of 67%. Mindtree's primary competitors are TCS, Infosys & Wipro.

Website

mindtree.com

Frequently Asked Questions about Mindtree

  1. When was Mindtree founded?

    Mindtree was founded in 1999
  2. Who is Mindtree's CEO?

    Mindtree's CEO is Debashis Chatterjee
  3. How much revenue does Mindtree generate?

    Mindtree generates $1.1B in revenue
  4. How much funding does Mindtree have?

    Mindtree has historically raised $23.2M in funding
  1. Where is Mindtree's headquarters?

    Mindtree's headquarters is in Bangalore Karnataka, IN
  2. How many employees does Mindtree have?

    Mindtree has 21,991 employees
  3. What sector does Mindtree operate in?

    Mindtree is in IT Services, Analytics, Enterprise Software
  4. Who are Mindtree's competitors?

    Mindtree's top competitors are TCS, Infosys, Wipro