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ITC Infotech merges with Happiest Minds Technologies

Sep 05, 2026

Acquiring Company

ITC Infotech

Acquired Company

Happiest Minds Technologies

BengaluruBengaluruInformation TechnologyConsultingInformation Servicesinformation technology & servicesInformation TechnologySoftwareArtificial Intelligenceinformation technology & services

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.

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Company Information

Company

ITC Infotech

Location

18 Dodda Banaswadi Main Road

Bengaluru, Karnataka, India

About

ITC Infotech is a leading global technology services and solutions provider, led by Business and Technology Consulting. It provides business-friendly solutions to help clients succeed and be future-ready, by seamlessly bringing together digital expertise, strong industry-specific alliances, and a unique strategic partnership model.

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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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