Happiest Minds Technologies Limited, renowned for its ‘Born Digital. Born Agile’ ethos, has finalized agreements to acquire PureSoftware Technologies Private Limited for a substantial total purchase consideration of US $94.5 million (₹779 Crores). Headquartered in Noida, PureSoftware is a dynamic player in the realm of Digital Engineering & Transformation Services, specializing in verticals such as Banking & Financial Services, Healthcare & Life Sciences, Retail & Logistics, and Gaming & Entertainment. This strategic acquisition serves as a significant reinforcement of Happiest Minds’ domain expertise, particularly in crucial sectors like BFSI and Healthcare and Life Sciences, bolstering its already robust Product & Digital Engineering Services (PDES) Business Unit.
PureSoftware’s impressive performance is evidenced by its reported revenues of US $43 million (~₹351 Crores) for Fiscal 2024, showcasing its rapid growth and industry recognition. Moreover, this acquisition represents more than just a consolidation of services; it signifies a notable expansion of Happiest Minds’ global footprint. With PureSoftware’s existing presence and operations, including a near-shore setup in Mexico and offices in strategic locations like Singapore, Malaysia, and Africa, Happiest Minds is poised to amplify its reach and impact on a global scale.
This strategic move underscores Happiest Minds’ commitment to staying at the forefront of digital innovation and transformation. By integrating PureSoftware’s specialized capabilities and market insights, Happiest Minds aims to unlock new avenues of growth, drive innovation, and deliver enhanced value to its clientele across diverse industry verticals. With a shared vision of driving happiness for both employees and customers, this acquisition marks a significant milestone in Happiest Minds’ journey toward continued excellence and leadership in the IT industry.
