Happiest Minds revenue touches $20 million

Happiest Minds Technologies, a Bangalore-headquartered IT services company started by Ashok Soota, one of the founders of MindTree has closed the 2012-13 fiscal with a annualised revenue run rate of $20 million. The company, which was started in August, 2011, currently has 45 customers with an employee strength of 800. Ashok Soota, executive chairman, Happiest Minds, said, “We are off to a great start and our current annualised run rate has set a new benchmark for the IT services industry in its first full fiscal.”