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{{short description|Indian multinational technology company}}
{{Use dmy dates|date=December 2019}}
{{Use Indian English|date=July 2020}}
{{Infobox company
| name = Mindtree
| logo = Mindtree logo.svg
| logo_size = 250px
| logo_caption =
| image =
| image_caption = [[Corporate headquarters|Headquarters]] in [[Bangalore, India]]
| type = [[Public company|Public]]
| traded_as = {{plainlist|
*{{BSE was|532819}}
*{{NSE was|MINDTREE}}}}
| ISIN = {{ISIN|sl=n|pl=y|INE018I01017}}
| industry = [[Information technology]] [[Consulting]] [[Outsourcing]]
| founder = [[Ashok Soota]] [[Subroto Bagchi]] [[Krishnakumar Natarajan]] Parthasarathy NS Scott Staples [[Anjan Lahiri]] Kalyankumar Banerjee Janakiraman Kamran Ozair Rostow Ravanan
| area_served = Worldwide
| key_people = {{ubl|[[Anil Manibhai Naik|A.M. Naik]] {{small|(Non-Executive Chairman)}}<ref name="Mindtree CFO">{{cite news | url=http://timesofindia.indiatimes.com/tech/tech-news/Mindtree-appoints-Ravanan-as-CEO-Natarajan-as-executive-chairman/articleshow/50626215.cms | title=Mindtree Leadership | newspaper=The Times of India | date=18 January 2016 | access-date=18 January 2016 | archive-url=https://web.archive.org/web/20160119103115/http://timesofindia.indiatimes.com/tech/tech-news/Mindtree-appoints-Ravanan-as-CEO-Natarajan-as-executive-chairman/articleshow/50626215.cms | archive-date=19 January 2016 | url-status=live }}</ref> |[[S N Subrahmanyan|S. N. Subrahmanyan]] {{small|(Non-Exe Vice-Chairman)}} |Debashis Chatterjee {{small|(MD & CEO)}}<ref>{{cite news|url=https://www.livemint.com/companies/people/mindtree-appoints-cognizant-s-debashis-chatterjee-as-new-ceo-1564729264568.html|title=mindtree-appoints-cognizant-s-debashis-chatterjee-as-new-ceo|work=livemint|access-date=5 August 2019|archive-url=https://web.archive.org/web/20190805093725/https://www.livemint.com/companies/people/mindtree-appoints-cognizant-s-debashis-chatterjee-as-new-ceo/amp-1564729264568.html|archive-date=5 August 2019|url-status=live}}</ref>
}}
| revenue = {{Increase}} {{INRConvert|10520|c}}<ref name=f>{{Cite web|title=Mindtree Profit & Loss account, Mindtree Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/mindtree/profit-lossVI/mt13|access-date=2020-06-25|website=www.moneycontrol.com|language=en |last1=Com |first1=Moneycontrol }}</ref>
| revenue_year = 2022
| operating_income = {{up}} {{INRConvert|1953.5|c}}<ref name=f/>
| income_year = 2022
| net_income = {{up}} {{INRConvert|1652.9|c}}<ref name=f/>
| net_income_year = 2022
| assets = {{Increase}} {{INRConvert|5156.60|c}}<ref name=b>{{Cite web|title=Mindtree Consolidated Balance Sheet, Mindtree Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/mindtree/consolidated-balance-sheetVI/mt13|access-date=2020-06-25|website=www.moneycontrol.com|language=en |last1=Com |first1=Moneycontrol }}</ref>
| assets_year = 2020
| equity = {{decrease}} {{INRConvert|3156.80|c}}<ref name=b/>
| equity_year = 2020
| num_employees = 38,518 (July 2022)
| parent = [[Larsen & Toubro]] (61.08%)<ref name=parent/>
| homepage = {{URL|http://www.mindtree.com}}
| foundation = {{Start date and age|1999|08|18|df=y}}
| defunct = 2022
| fate = Merged with [[Larsen & Toubro Infotech]] (LTI)
| successor = [[LTIMindtree]]
| hq_location = [[Global Village Tech Park]]
| location_city = [[Bangalore]], [[Karnataka]]
| location_country = India
}}

'''Mindtree Limited''' was an Indian [[Multinational corporation|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]].<ref>{{Cite news|url=https://www.thehindu.com/business/it-major-mindtree-joins-1-billion-club/article26867595.ece|title=IT major Mindtree joins $1-billion club|newspaper=The Hindu|date=17 April 2019|archive-url=https://www.thehindu.com/business/it-major-mindtree-joins-1-billion-club/article26867595.ece/https://www.business-standard.com/article/companies/with-25-rise-in-q4-mindtree-revenue-touches-1-billion-mark-in-fy19-119041800054_1.html|archive-date=17 April 2019|access-date=17 April 2019|url-status=live}}</ref><ref name=":12">{{Cite web|url=https://www.mindtree.com/news/mindtree-crosses-1-billion-annual-revenue|title=Mindtree Crosses $1 Billion in Annual Revenue|website=Mindtree|access-date=22 April 2019|archive-url=https://web.archive.org/web/20190422202557/https://www.mindtree.com/news/mindtree-crosses-1-billion-annual-revenue|archive-date=22 April 2019|url-status=dead}}</ref><ref name=":1">{{Cite web|title=Mindtree Q4 net rises 4% to ₹206 cr|url=https://www.livemint.com/companies/company-results/mindtree-q4-net-rises-4-to-rs-206-cr-11587730437083.html|date=2020-04-24|website=Livemint|language=en|access-date=2020-05-12}}</ref>

The company had business interests in [[e-commerce]], [[mobile application]]s, [[cloud computing]], [[digital transformation]], [[data analytics]], testing, [[enterprise application integration]], and [[enterprise resource planning]]. Mindtree had more than 307 active clients and 43 offices in over 18 countries, as of 31 March 2019.<ref name=":1" /><ref>{{Cite web |date=2023-03-03 |title=Top 15 Best Embedded Companies In India 2023 - Inventiva |url=https://www.inventiva.co.in/uncategorized/top-embedded-companies-in-india/ |access-date=2023-03-14 |language=en-US}}</ref>

== History ==
In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals, three of which invested through an entity incorporated in [[Mauritius]].<ref name="History of Incorporation">{{cite web | url=http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms | title=History of Incorporation | work=Economic Times| access-date=6 December 2013 | archive-url=https://web.archive.org/web/20131201032811/http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms | archive-date=1 December 2013 | url-status=live }}</ref> It was funded by the [[venture capital]] firms [[Walden International]] and Sivan Securities and received further funding in 2001 from the [[Capital Group Companies|Capital Group]] and [[Franklin Templeton]].<ref>{{cite web|url=http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms|title=Mindtree history – Funding|access-date=6 December 2013|archive-url=https://web.archive.org/web/20131201032811/http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms|archive-date=1 December 2013|url-status=live}}</ref>

It became a [[public company]] in December 2006, and was listed on the [[Bombay Stock Exchange]] and [[National Stock Exchange of India|National Stock Exchange]]. Its [[initial public offering|IPO]] debuted in February 2007, and closed in February 2007.<ref>{{cite news |url=http://articles.economictimes.indiatimes.com/2007-02-06/news/28454400_1_equity-shares-net-issue-retail-investors |title=MindTree Consulting IPO to open on 9 Feb |newspaper=[[The Economic Times]] |date=6 February 2007 |access-date=6 December 2013 |archive-url=https://web.archive.org/web/20131212080148/http://articles.economictimes.indiatimes.com/2007-02-06/news/28454400_1_equity-shares-net-issue-retail-investors |archive-date=12 December 2013 |url-status=dead }}</ref> The IPO was oversubscribed by more than a hundred times.<ref>{{cite news|url =http://www.business-standard.com/article/companies/mindtree-ipo-subscribed-103-times-107021601064_1.html|title =MindTree IPO subscribed 103 times|newspaper =Business Standard India|date =16 February 2007|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131130082111/http://www.business-standard.com/article/companies/mindtree-ipo-subscribed-103-times-107021601064_1.html|archive-date =30 November 2013|url-status =live|df =dmy-all}}</ref>

Mindtree announced a new [[brand identity]] and logo, with the slogan "Welcome to possible" in September 2012.<ref>{{cite web|url =http://articles.economictimes.indiatimes.com/2012-09-28/news/34148266_1_new-logo-ashok-soota-mindtree|title =MindTree Logo|access-date =21 May 2014|archive-url =https://web.archive.org/web/20140521124830/http://articles.economictimes.indiatimes.com/2012-09-28/news/34148266_1_new-logo-ashok-soota-mindtree|archive-date =21 May 2014|url-status =dead|df =dmy-all}}</ref> In 2012, Mindtree set up its first U.S. delivery center (USDC) in [[Gainesville, Florida|Gainesville]], [[Florida]], under the leadership of Scott Staples, co-founder and Global Head of Sales.<ref>{{cite web|url =http://www.flgov.com/2012/11/13/governor-rick-scott-attends-grand-opening-of-mindtree-limiteds-first-u-s-delivery-center/|title =Mindtree's first U.S. delivery center|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131201194827/http://www.flgov.com/2012/11/13/governor-rick-scott-attends-grand-opening-of-mindtree-limiteds-first-u-s-delivery-center/|archive-date =1 December 2013|url-status =live|df =dmy-all}} </ref>

In 2017, the company had 43 offices in over 17 countries.<ref>{{cite web|title=Mindtree Fact Sheet|url=https://www.mindtree.com/sites/default/files/mindtree-fact-sheet-web.pdf|url-status=dead|archive-url=https://web.archive.org/web/20170817122523/https://www.mindtree.com/sites/default/files/mindtree-fact-sheet-web.pdf|archive-date=17 August 2017|access-date=19 June 2017|df=dmy-all}}</ref>

[[Larsen & Toubro]] (L&T), 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.<ref>{{Cite web|url=https://www.timesnownews.com/business-economy/companies/article/larsen-toubros-hostile-takeover-of-mindtree-explained/451060|title=[EXPLAINED] Larsen & Toubro's hostile takeover of Mindtree|website=www.timesnownews.com|date=11 July 2019 |language=en|access-date=5 October 2019|archive-url=https://web.archive.org/web/20190711131538/https://www.timesnownews.com/business-economy/companies/article/larsen-toubros-hostile-takeover-of-mindtree-explained/451060|archive-date=11 July 2019|url-status=live}}</ref><ref>{{Cite web|title=Latest Shareholding Pattern - MindTree Ltd.|url=https://trendlyne.com/equity/share-holding/865/MINDTREE/latest/mindtree-ltd/|access-date=2020-06-25|website=trendlyne.com}}</ref><ref name=parent>{{Cite web|title=Mindtree >> Shareholding Pattern - Promoter and Promoter Group - September 2019|url=https://www.moneycontrol.com/bse/shareholding/shp_promoters.php?sc_dispid=MT13|access-date=2020-06-25|website=www.moneycontrol.com|language=en | last1=Com | first1=Moneycontrol }}</ref> L&T's takeover of Mindtree was described at the time as the first hostile takeover in the [[Information technology in India|Indian IT industry]].<ref>{{Cite web |last=Moorthy |first=Swathi |date=2019 |title=This week in IT: India's first hostile takeover of Mindtree by L&T is complete |url=https://www.moneycontrol.com/news/business/this-week-in-it-indias-first-hostile-takeover-of-mindtree-by-lt-is-complete-4152251.html |access-date=2022-04-01 |website=Moneycontrol |language=en}}</ref><ref>{{Cite web |last1=Phadnis |first1=Shilpa |last2=Kurian |first2=Boby |date=18 March 2019 |title=Mindtree: L&T to make 1st-ever hostile bid in Indian IT for Mindtree {{!}} India Business News - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/lt-to-make-1st-ever-hostile-bid-in-indian-it-for-mindtree/articleshow/68457037.cms |access-date=2022-04-30 |website=The Times of India |language=en}}</ref>

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]].<ref>{{Cite web|url=https://njbiz.com/technology-services-company-mindtree-appoints-chief-operating-officer/|title=Technology services company Mindtree appoints chief operating officer|last=Hutter|first=David|date=2020-03-02|website=NJBIZ|language=en-US|access-date=2020-03-03}}</ref>

In May 2022, L&T announced that Mindtree will be merged into [[Larsen & Toubro Infotech]] (LTI).<ref>{{Cite news |last=Vashisht |first=Nikita |date=2022-04-26 |title=Explained: Why M&As are rising in India & how can investors benefit? |work=Business Standard India |url=https://www.business-standard.com/article/markets/explained-why-m-as-are-rising-in-india-how-can-investors-benefit-122042600558_1.html |access-date=2022-04-30}}</ref> The merger was completed in November 2022 and the combined entity was named [[LTIMindtree]].<ref>{{Cite web |last=Baruah |first=Ayushman |date=2022-07-15 |title='Mindtree-LTI synergies are already producing results' |url=https://www.livemint.com/companies/people/mindtreelti-synergies-are-already-producing-results-11657818737251.html |access-date=2022-10-28 |website=mint |language=en}}</ref><ref>{{Cite web |title=Top 100 stocks by Market Capitalization {{!}} BSE Listed stocks Market Capitalization |url=https://www.bseindia.com/markets/equity/eqreports/topmarketcapitalization.aspx |access-date=2022-12-19 |website=www.bseindia.com}}</ref>

== Services ==

Mindtree works in Application Development and Maintenance, Data Analytics, Digital Services, [[Enterprise Application Integration]] and [[Business Process Management]], Engineering R&D, Enterprise Application Services, Testing, and Infrastructure Management Services.<ref>{{cite web|url =http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports/|title =Mindtree's Services|access-date =22 May 2014|archive-url =https://web.archive.org/web/20140522085107/http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports/|archive-date =22 May 2014|url-status =dead|df =dmy-all}}</ref>

Mindtree's business is focused clients on Banking, Capital Markets, Consumer Devices & Electronics, Consumer Packed Goods, Independent Software Vendors, Manufacturing, Insurance, Media & Entertainment, Retail, Semiconductors and the Travel and Hospitality industry.<ref>{{cite web|url =http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports|title =Mindtree's client focus|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131130104007/http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports|archive-date =30 November 2013|url-status =dead|df =dmy-all}}</ref>

Mindtree's workforce includes thousands of employees who serve as [[Microsoft Azure]] outsourced support agents.<ref>{{Cite web|url=https://www.mindtree.com/about/alliances/microsoft|title=Mindtree: Microsoft}}</ref>

== Employees ==
Mindtree has a total of 35,071 employees as of fiscal year 2022.<ref>{{Cite web |last=Sun |first=Shangliao |date=Jan 6, 2023 |title=Statista - Mindtree Ltd |url=https://www.statista.com/statistics/1222306/mindtree-ltd-number-of-employees/ |website=Statista}}</ref> The workforce consists of employees from over 80 nationalities working from various offices around the globe. Out of total workforce, 95% are software professionals and remaining 5% work in support and sales.<ref>{{Cite web|title=Investors {{!}} Mindtree|url=https://www.mindtree.com/about/investors|website=www.mindtree.com|access-date=2020-05-12}}</ref>

== Acquisitions ==
{| class="wikitable sortable"
! data-sort-type="text"|Name
! data-sort-type="date"|Acquisition date
! data-sort-type="text"|Activities
! data-sort-type="text"|Country of HQ
! data-sort-type="currency"|Price
! data-sort-type="number"|Employees (at acquisition)
! data-sort-type="text"|Reference
|-
| ASAP Solutions
| 2004
| SAP & ERP
| India & United States
| NA
| 120
|<ref>{{cite web|url =http://www.rediff.com/money/report/mind/20041007.htm|title =Mindtree acquires ASAP Solutions|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904193720/http://www.rediff.com/money/report/mind/20041007.htm|archive-date =4 September 2014|url-status =live|df =dmy-all}}</ref>
|-
| Linc Software Services Pvt Ltd
| 2005
| Application development and Maintenance domains for Mid-Range Systems
| India
| $7 million
| 220
|<ref>{{cite web|url =http://www.thehindubusinessline.com/todays-paper/tp-info-tech/article2176803.ece|title =Mindtree acquires Linc Software Services Pvt Ltd|work =The Hindu Business Line|date =6 May 2005|access-date =4 September 2014|archive-url =https://web.archive.org/web/20160116153910/http://www.thehindubusinessline.com/todays-paper/tp-info-tech/article2176803.ece|archive-date =16 January 2016|url-status =live|df =dmy-all}}</ref>
|-
| CoSystems
| 2005
| Telecom (Captive Development Center – Indian division)
| United States
| {{INR}} 10 million
| 20
|<ref>{{cite news|url =http://www.business-standard.com/article/companies/mindtree-likely-to-report-55-million-for-fy05-105030301035_1.html|title =Mindtree acquires Indian Division of CoSystems|newspaper =Business Standard India|date =3 March 2005|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904203016/http://www.business-standard.com/article/companies/mindtree-likely-to-report-55-million-for-fy05-105030301035_1.html|archive-date =4 September 2014|url-status =live|df =dmy-all|last1 =Badrinath|first1 =Raghuvir}}</ref>
|-
| TES-Purple Vision
| 2007
| Electronics(IC Design). Indian Division. Subsidiary of TES Electronic Solutions SA.
| France
| $6.55 million
| 150
|<ref>{{cite web|url =http://in.reuters.com/article/tespv-mindtree-buyout-idINBMB00405320071114|title =Mindtree acquires TES-Purple Vision|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904232412/http://in.reuters.com/article/2007/11/14/tespv-mindtree-buyout-idINBMB00405320071114|archive-date =4 September 2014|url-status =dead|df =dmy-all}}</ref><ref>{{cite web|url =http://articles.economictimes.indiatimes.com/2007-11-14/news/28450444_1_design-services-tes-electronic-solutions-sa-networking-and-telecom-systems|title =Mindtree acquires TES-Purple Vision|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131201073332/http://articles.economictimes.indiatimes.com/2007-11-14/news/28450444_1_design-services-tes-electronic-solutions-sa-networking-and-telecom-systems|archive-date =1 December 2013|url-status =dead|df =dmy-all}}</ref>
|-
| Aztecsoft
| 2008
| Product engineering and Testing services company. Aztecsoft had previously acquired Disha Technologies, a testing company, in 2004.
| India
| {{INR}} 40 million
| 2200
|<ref>{{cite web|url =http://articles.economictimes.indiatimes.com/2008-07-29/news/27697065_1_aztecsoft-shares-managing-director-ashok-soota-executive-officer-krishnakumar-natarajan|title =Mindtree acquires Aztecsoft|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131204051336/http://articles.economictimes.indiatimes.com/2008-07-29/news/27697065_1_aztecsoft-shares-managing-director-ashok-soota-executive-officer-krishnakumar-natarajan|archive-date =4 December 2013|url-status =dead|df =dmy-all}}</ref><ref>{{cite news|url =http://www.business-standard.com/article/technology/mindtree-set-to-buy-aztecsoft-for-rs-400-cr-108050201002_1.html|title =Mindtree acquires Aztecsoft|newspaper =Business Standard India|date =2 May 2008|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904203917/http://www.business-standard.com/article/technology/mindtree-set-to-buy-aztecsoft-for-rs-400-cr-108050201002_1.html|archive-date =4 September 2014|url-status =live|df =dmy-all|last1 =d'Monte|first1 =Leslie}}</ref>
|-
| Kyocera Wireless India Pvt Ltd
| 2009
| Wireless services. Indian R&D Division
| Japan
| $6 million
| 600
|<ref>{{cite web|url =http://articles.economictimes.indiatimes.com/2012-12-27/news/36022189_1_ashok-soota-mindtree-subroto-bagchi|title =Mindtree acquires Kyocera Wireless India Pvt Ltd|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131201074035/http://articles.economictimes.indiatimes.com/2012-12-27/news/36022189_1_ashok-soota-mindtree-subroto-bagchi|archive-date =1 December 2013|url-status =dead|df =dmy-all}}</ref><ref>{{cite web|url =http://www.dnaindia.com/money/report-mindtree-loses-kyocera-contract-worth-25-millionquarter-1520805|title =Mindtree acquires Kyocera Wireless India Pvt Ltd|work =dna|date =17 March 2011|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904204632/http://www.dnaindia.com/money/report-mindtree-loses-kyocera-contract-worth-25-millionquarter-1520805|archive-date =4 September 2014|url-status =live|df =dmy-all}}</ref>
|-
| 7Strata
| 2010
| Remote infrastructure management services
| India
| {{INR}} 7.2 million
| 90
|<ref>{{cite web|url =http://www.livemint.com/Companies/PaeefeE4jfDi53TvB2ffSO/MindTree-to-acquire-7Strata-for-Rs72-cr.html|title =Mindtree acquires 7Strata|work =mint|date =22 April 2010|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131211221448/http://www.livemint.com/Companies/PaeefeE4jfDi53TvB2ffSO/MindTree-to-acquire-7Strata-for-Rs72-cr.html|archive-date =11 December 2013|url-status =live|df =dmy-all}}</ref><ref>{{cite web|url =http://dnasyndication.com/dna/article/DNBAN23802|title =Mindtree acquires 7Strata|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904215516/http://dnasyndication.com/dna/article/DNBAN23802|archive-date =4 September 2014|url-status =dead|df =dmy-all}}</ref>
|-
| Discoverture Solutions LLC
| Jan 2015
| Property and Casualty Insurance
| United States
| $15 million
| 300
|<ref>{{cite news|url =http://economictimes.indiatimes.com/tech/ites/mindtree-to-buy-us-firm-discoverture-solutions-for-15-million/articleshow/45942743.cms|title =Mindtree acquires Discoverture Solutions|newspaper =The Economic Times|access-date =19 January 2015|archive-url =https://web.archive.org/web/20170702042612/http://economictimes.indiatimes.com/tech/ites/mindtree-to-buy-us-firm-discoverture-solutions-for-15-million/articleshow/45942743.cms|archive-date =2 July 2017|url-status =live|df =dmy-all}}</ref>
|-
|Bluefin Solutions Limited
|July 2015
|IT solutions, SAP HANA solutions
|United Kingdom
|£42.3 million
|
|<ref name=":0">{{Cite news|title = Mindtree acquires UK, US based firms for Rs. 482 crore|url = http://www.thehindu.com/business/mindtree-acquires-uk-us-based-firms-for-rs-482-crore/article7429809.ece|newspaper = The Hindu|date = 16 July 2015|access-date = 16 July 2015|issn = 0971-751X|language = en|first = Pradeesh|last = Chandran|archive-url = https://web.archive.org/web/20160116153910/http://www.thehindu.com/business/mindtree-acquires-uk-us-based-firms-for-rs-482-crore/article7429809.ece|archive-date = 16 January 2016|url-status = live|df = dmy-all}}</ref>
|-
|Relational Solutions Inc
|July 2015
|IT solutions {{En dash}}CPG
|United States
|$10 million
|
|<ref name=":0" />
|-
|Magnet 360
|Jan 2016
|Salesforce consulting
|USA
|$50 million
|100
|<ref>{{Cite web|title = Mindtree to buy Magnet 360 for $50 mn- Business News|url = http://www.businesstoday.in/current/corporate/mindtree-to-buy-magnet-360-for-50-mn-dollars/story/228288.html|website = www.businesstoday.in|access-date = 18 January 2016|archive-url = https://web.archive.org/web/20160119165433/http://www.businesstoday.in/current/corporate/mindtree-to-buy-magnet-360-for-50-mn-dollars/story/228288.html|archive-date = 19 January 2016|url-status = dead|df = dmy-all}}</ref>
|}

== Subsidiaries ==
{| class="wikitable"
! Name
! Location
|-
|Mindtree Software (Shanghai) Co. Ltd<ref>{{cite web|url=http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|title=Mindtree Foundation|access-date=22 May 2014|archive-url=https://web.archive.org/web/20131130054320/http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|archive-date=30 November 2013|url-status=live}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/857465553 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/857158132 cite No. 35 – verify the cite is accurate and delete this template. [[User:GreenC bot/Job 18]]}}</ref>
|[[China]]
|-
|Bluefin Solutions Limited
|[[United Kingdom]]
|-
|Bluefin Solutions Inc.
|[[United States]]
|-
|Bluefin Solutions Sdn Bhd
|[[Malaysia]]
|-
|Bluefin Solutions Pte Ltd
|[[Singapore]]
|-
|}

== Philanthropy ==
Mindtree Foundation is a unit of Mindtree that works towards supporting the lives of people with disabilities and enhancement in the quality of primary education.<ref>{{cite web|url=http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|title=Mindtree Foundation|access-date=6 December 2013|archive-url=https://web.archive.org/web/20131130054320/http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|archive-date=30 November 2013|url-status=live}}</ref> Mindtree Foundation was incorporated in November 2007, under section 25 of Companies Act. Mindtree's employees, assistive technologies and associations with NGOs led to the following:<ref>{{cite web|url =http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|title =Mindtree Foundation contribution|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131130054320/http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|archive-date =30 November 2013|url-status =live|df =dmy-all}}</ref>
* The launch of 'Udaan', a scholarship program to support the medical education of underprivileged students in association with Narayana Hrudayalaya Charitable Trust.<ref>{{cite web|url =http://www.thehindubusinessline.com/news/states/mindtree-trust-launch-udaan/article6691146.ece|title = Udaan}}</ref>
* The launch of 'I Got Garbage', a cloud-based platform aimed to simplify waste management and transform every [[waste picker]] in [[Bangalore|Bengaluru]], India, into an entrepreneur through a structured and governed waste management framework.<ref>{{cite news|url =http://www.business-standard.com/article/news-cm/mindtree-launches-i-got-garbage-cloud-based-technology-platform-114061700419_1.html|title =I Got Garbage|newspaper =Business Standard India|date =17 June 2014|access-date =24 November 2014|archive-url =https://web.archive.org/web/20150704135642/http://www.business-standard.com/article/news-cm/mindtree-launches-i-got-garbage-cloud-based-technology-platform-114061700419_1.html|archive-date =4 July 2015|url-status =live|df =dmy-all|last1 =Market|first1 =Capital}}</ref>
* Individual Social Responsibility – Employees had joined the cause of donation of old clothes/toys/books, distribution of solar lanterns, caring for the elderly, cleaning up the city, blood and organ donation.<ref>{{cite news|url =http://timesofindia.indiatimes.com/business/india-business/Mindtrees-socially-conscious-staff-pick-crusaders-for-good-causes/articleshow/41832867.cms|title =Mindtree ISR|newspaper =The Times of India|date =6 September 2014|access-date =9 September 2014|archive-url =https://web.archive.org/web/20150202095825/http://timesofindia.indiatimes.com/Business/India-Business/Mindtrees-socially-conscious-staff-pick-crusaders-for-good-causes/articleshow/41832867.cms|archive-date =2 February 2015|url-status =live|df =dmy-all}}</ref>

==See also==
* [[Mahindra Satyam]]
* [[List of Indian IT companies]]
* [[Software industry in Karnataka]]

== References ==
{{Reflist|30em}}

== External links ==
* {{official|https://www.mindtree.com/}}

{{Larsen & Toubro}}
{{Consulting}}
{{Nifty 200 companies}}

[[Category:Information technology companies of Bengaluru]]
[[Category:International information technology consulting firms]]
[[Category:Multinational companies headquartered in India]]
[[Category:Outsourcing companies]]
[[Category:Outsourcing in India]]
[[Category:Software companies based in Mumbai]]
[[Category:Software companies established in 1999]]
[[Category:Indian brands]]
[[Category:2019 mergers and acquisitions]]
[[Category:1999 establishments in Karnataka]]
[[Category:Larsen & Toubro]]
[[Category:Companies formerly listed on the National Stock Exchange of India]]
[[Category:Companies formerly listed on the Bombay Stock Exchange]]

Mindtree - Revision history

Godrejsplender: adding a post.