Acquiring Company
ITC Infotech
Acquired Company
Happiest Minds Technologies
Description
ITC Infotech India has entered into a merger agreement with Happiest Minds Technologies. Under the deal, ITC Infotech will acquire 22.1% of Happiest Minds for ₹1,330 crore, with the remaining shares exchanged for ITC Infotech shares. Upon completion of the merger, ITC Infotech will hold a 73.4% stake in the combined entity.
Quick answer
ITC Infotech is acquiring Happiest Minds Technologies, announced September 5, 2026. ITC Infotech is based in Bengaluru, Karnataka, India.
- How much did ITC Infotech pay for Happiest Minds Technologies?
- The deal value was not disclosed.
- What does ITC Infotech do?
- ITC Infotech is a leading global technology services and solutions provider, led by Business and Technology Consulting.
- Where are ITC Infotech and Happiest Minds Technologies based?
- ITC Infotech is based in Bengaluru, Karnataka, India. Happiest Minds Technologies is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at ITC Infotech?
- Fundz holds 3 contacts at ITC Infotech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Consulting and Information Services
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Happiest Minds merges with ITC Infotech for growth (September 1, 2026)
- Meta acquires Stilla.ai to enhance AI efforts (September 11, 2026)
- Lexroom Acquires Praven Intelekt for Legal AI (September 8, 2026)
- Capillary Technologies acquires CustomerGlu platform (August 4, 2026)
- Boomi acquires Elementary Data for data governance (October 19, 2026)
- Navara acquires PieQ for AI solutions expansion (October 14, 2026)
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Frequently asked
Who acquired Happiest Minds Technologies?
Happiest Minds Technologies was acquired by ITC Infotech, based in Bengaluru. The deal was reported on September 5, 2026. ITC Infotech is a leading global technology services and solutions provider, led by Business and Technology Consulting. ITC Infotech is privately held and operates in Information Technology.
When did ITC Infotech acquire Happiest Minds Technologies?
ITC Infotech's acquisition of Happiest Minds Technologies was reported on September 5, 2026. ITC Infotech India has entered into a merger agreement with Happiest Minds Technologies. Under the deal, ITC Infotech will acquire 22.1% of Happiest Minds for ₹1,330 crore, with the remaining shares exchanged for ITC Infotech shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Happiest Minds Technologies do?
Happiest Minds' Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. It is privately held, operating in Information Technology, and is based in Bengaluru.
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