Mindtree

Mindtree Limited operates as a technology consulting and IT services company in India and internationally. The company operates through five segments: Retail, CPG and Manufacturing; Banking, Financial Services and Insurance; Communication, Media and Technology; Travel, Transport and Hospitality; and Healthcare. It offers services in the areas of agile, analytics and information management, application development and maintenance, business process and infrastructure management, business technology consulting, cloud, digital business, independent testing, mobility, product engineering, and SAP services. The company also provides consulting services, including customer experience transformation and core modernization, data and intelligence, product and service innovation, and workforce engagement and experience; and customer success services, such as design and innovation, digital marketing and e-commerce, immersive and cognitive experience, digital integration and process automation, product engineering, salesforce, and experience channels. In addition, it offers data and intelligence services comprising data modernization, operations, and management; insights and action; and Internet of Things. Further, the company provides enterprise IT transformation and automation services; and cloud consult, build, operate, data, and security services. It serves banking, capital markets, insurance, communications, media and entertainment, technology, education, retail, consumer packaged goods, manufacturing, travel, hospitality, transportation, logistics and freight, info and professional services, real estate, and healthcare industries. The company was formerly known as Mindtree Consulting Limited and changed its name to Mindtree Limited in March 2008. The company was incorporated in 1999 and is headquartered in Bengaluru, India. Mindtree Limited is a subsidiary of Larsen & Toubro Limited.

In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals, three of which invested through an entity incorporated in Mauritius. It was funded by the venture capital firms Walden International and Sivan Securities, and received further funding in 2001 from the Capital Group and Franklin Templeton.It became a public company on 12 December 2006 and was listed on the Bombay Stock Exchange and National Stock Exchange. Its IPO debuted on 9 February 2007 and closed on 14 February 2007. The IPO was oversubscribed by more than a hundred times. Mindtree announced a new brand identity and logo, with the slogan "Welcome to possible" on 28 September 2012.In 2012, Mindtree setup its first U.S. delivery center in Gainesville, Florida, under the leadership of Scott Staples, co-founder and Global Head of Sales. As of 2017, the company has 43 offices in over 17 countries.Larsen & Toubro , an infrastructure major and one of the largest conglomerates in India, took over control of Mindtree in June 2019 and currently has a 61.08% stake in the company. L&T's take over of Mindtree was described at the time as the first hostile takeover in the Indian IT industry.In March 2020, Mindtree announced the appointment of Dayapatra Nevatia as COO with immediate effect. He joins the company from Accenture where he was the managing director as well as the director for delivery for advanced technology centers in India.In April 2022, speculation arose that Mindtree and Larsen & Toubro Infotech will be merged. The combined entity will be named "LTIMindtree".

We engineer meaningful technology solutions to help businesses and societies flourish.

Mindtree takes an agile, collaborative approach to create customized solutions across the digital value chain.