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Mindtree Limited was an Indian multinational information technology services and consulting company, headquartered in Bangalore. Mindtree was acquired by Larsen & Toubro in 2019, before being merged with L&T Infotech (LTI) in 2022 to form LTIMindtree .
In June 2019, Larsen & Toubro completed its hostile takeover of Bengaluru-based company Mindtree, despite opposition from the latter's promoters. [16]In May 2022, it was announced that Mindtree, which was then a different IT services subsidiary of Larsen & Toubro, will be merged into LTI, [17] and the company will be renamed as LTIMindtree.
The park is spread over 120 acres [1] with a total built-up area of 3.3 million sq ft. [2] The headquarters of erstwhile Mindtree is within the park. Global Village Tech Park was constructed and owned until 2019 by Café Coffee Day Group under its real estate arm Tanglin Developments Ltd. [3] The tech park's value was estimated at ₹ 3,000 ...
He then drove Mindtree's expansion into Europe, Asia Pacific and the Middle East, transforming Mindtree's IT services business. He was until recently the Executive Chairman of Mindtree, until its acquisition by L&T Infotech. [citation needed] KK is an Ex-Chairman of NASSCOM and chaired the ‘emerging companies’ forum.
He left Lucent a year after to co-found Mindtree in 1999 along with 9 other co-founders. Mindtree is a $1 billion (Fiscal 19), Global IT services company with approximately 20000+ people. It is listed at the National Stock Exchange and the Bombay Stock Exchange in India. [1] When Mindtree started, Subroto Bagchi began as chief operating officer.
Lahiri set up Mindtree's offices in New Jersey, San Jose and London, and expanded the company's operations in the US and Europe. [6] He returned to India in 2008, as the head of IT Services at Mindtree. [7] He moved on from Mindtree in 2013, especially in the field of technology. [8]
Mindtree: BSE: 532819: 1999 US$846 million US$107 million 19,000 [8] Mphasis: BSE: 526299: 1992 US$990 million(2013) US$120 million(2013) 22,239 [9] Coforge: BSE: 532541: 2004 US$381 million (FY 2009) NA 8,059 Oracle Financial Services Software: BSE: 532466: 1991 US$478 million (2010) NA 9, 220 Persistent Systems: BSE: 533179: 1990 US$274.06 ...
The NCPEDP-Mindtree Helen Keller Awards are one such effort to promote the idea of an inclusive and self-reliant India.” Paneesh Rao, Advisor, Sustainability at LTI Mindtree said, “Building an equitable society for PwDs requires that we create and sustain opportunities for employment and entrepreneurship.