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Mindtree turns 20 and what a journey it has been!

Our Clients - Partners in our Success

Milestones to remember – a timeline of events

1999

Mindtree was formed on August 18, 1999 by 10 founders; Two VCs committed $9.5 million USD. The founders were industry professionals who came from Cambridge Technology Partners, Lucent Technologies, and Wipro.

2000

Unilever, one of the largest CPG firms, became a Mindtree client.

2001

Completed a second round of funding at $14m, where the original two VC's as well as a third VC invested.

Began an IT outsourcing partnership with Volvo Information Technology.

2002

Continued to earn business from some of the most well respected brands, including Aventis, Cendant, Sonoco, Hindustan Times, TVS, Kraft Foods, EPSON, Toshiba and Mitsubishi.

2003

Became a People Capability Maturity Model (P-CMM) Level 5 company within 5 years of our founding..

2004

Acquired the software division of ASAP Solutions Private Limited, and the entire equity share capital of Linc Software Services. These acquisitions enabled Mindtree to augment our SAP and iSeries capabilities. The acquisitions were leveraged to gain new clients and enhance offerings to existing clients.

2005

West Campus development center in Bangalore was opened in February.

Ranked among the “Best Companies to Work for in 2005” in the Business Today-Mercer-TNS study.

2006

Became the first IT Services company to achieve 100 million dollars revenue in only six financial years.

Ranked 2nd in a study conducted by Business Today on the “Best Companies To Work For In India in 2006”.

2007

Declared the Number 1 Most Admired Knowledge Enterprise in India by Teleos, in association with the KNOW Network.

In March, Mindtree came out with 5,593,300 equity shares in initial public offerings in India. Public issue was oversubscribed by ~100 times.

2008

Became the first IT major to receive the Texas Instruments (TI) 2008 Supplier Excellence Award.

Acquired Aztecsoft Ltd. and became one of the strongest independent testing service providers in India.

2009

Krishnakumar Natarajan (KK) was appointed to CEO.

Signed our largest multi-year multi-million services contract with the largest telecom company headquarted in the Netherlands.

Signed a partnership with P&G.

2010

Signed a contract with The Carlyle Group, one of the world's largest private equity firms, to provide IT infrastructure management and support services for their global data centres.

Partnered with Government of India for the AADHAR project, a citizen identification program that is one of the world's largest big data implementations.

2011

Partnered with R V College of Engineering (RVCE) to introduce a course on Testing and take the industry closer to academia.

Second runner-up in the People’s Green Award category as part of the TCS World 10K Marathon held in Bangalore (recognition for contributing to environmental causes).

2012

Unveiled a new corporate identity and logo, with the slogan "Welcome to Possible" and embarked upon a journey to be an expertise led and culture backed organization.

Set up our first U.S. delivery center in Gainesville, Florida, in order to create a mutually beneficial hub in Gainesville focused on digitial innovation and agile development.

2013

Launched Gladius, a video management software for advanced surveillance.

Launched the Digital Pumpkin, Mindtree’s unique digital innovation hub in India.

Won the 'Most Promising Company of the Year' award from CNBC TV 18.

2014

Announced the launch of ‘I Got Garbage’ (IGG), a cloud-based platform aimed to simplify waste management and transform every waste picker in Bangalore, India, into an entrepreneur through a structured and governed waste management framework.

2015

Launched Mindtree Kalinga, the global learning and delivery center in Bhubaneswar, India, to build the engineers of tomorrow. This is still one of Mindtree's largest investments to date.

2016

Acquired Magnet 360, a Salesforce Platinum consulting partner, to strengthen its offerings in digitizing the value chain and building sense-and-respond systems.

2017

Started "Humane touch to automation". Launched AutoM.

Our energy efficiency case study was handpicked by Carbon Disclosure Project (CDP) India and showcased in Climate Change COP 21 Paris Summit.

2018

Partnered and established an endowed faculty scholar position with Stanford University’s School of Engineering to support a faculty scholar in artificial intelligence. Mindtree also partnered IIT Madras & Indian Institution of Science (IISc), Bangalore to accelerate the growth and adoption of Data Science and AI globally.

2019

Crossed $1 Billion USD in annual revenue.

Inaugurated Silicon Valley Reimagination Center to collaborate with the best of the valley ecosystem.

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