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NSE
1099.90
Change Change %
5.20 0.48%

Updated:31 Oct, 2014, 12:10 PM IST

BSE
1096.15
Change Change %
3.25 0.30%

Updated:31 Oct, 2014, 12:13 PM IST

MindTree was incorporated in the year 1999 by a group of 10 industrial professionals who came from Cambridge Technology Partners, Lucent Technologies and Wipro and this team was led by Ashok Soota.

Mindtree has formed successful business and technology alliances with big companies like Microsoft, Hewlett Packard, Oracle, Bluettooth SIG, Intel, IBM, SAP, Orange, Sun Microsystems and many more.

The client list includes name like Getronics, Sonoco, ABB, Elance, Symantec, while consumer goods major Samsung is among others.

In early 2011, Ashok Soota, the co–founded of the company and the executive chairman, quit the company to start another venture.

Services

IT Services– Under this it provides services such as Application Maintenance Services, Business Intelligence, Mainframe and System I, Infrastructure Management and Technical Support, etc. The company caters services to industries like capital market, banking and financial services, Insurance, manufacturing, Retail and Travel and transport.

Research and Development services– MindTree provides various services such as IP Led Services, Semiconductor and hardware engineering, Software Engineering and testing. It offers these services to industries like Automotive, Communication Systems, Industrial System, Medical Electronics, etc.

Awards

2012
Selected by WASL procurement team as 'Best Supplier in the IT– Software services Category' in December 2012. This award is an endorsement of all the hard work the SAP practice, IG has put in over the years to make various projects a success.
Selected by Forbes Asia as one of the ‘200 Best Under A Billion companies’ of 2012. From a list of 15,000 companies, the screening was done based on sales growth, earnings growth and return on equity in the past 12 months and over three years.
2012 NASSCOM IT user award in ‘Social Media Adoption in an Enterprise’ category for the intranet application, PeopleHub.
Second runner–up in the ‘People’s Green Award’ category as part of the TCS World 10K marathon that was held in Bangalore, 2012.
Best corporate governance in India for 2012 by the World Finance magazine.

In 2011– MindTree Limited for the fourth consecutive year, won the Asian Most Admired Knowledge Enterprise (MAKE) Award issued by Teleos, in association with The KNOW Network.

MindTree Launches Contract Pricing Framework.
Ranked #3 in India in the ‘Best Overall for Corporate Governance’ category in Asiamoney corporate governance poll, 2011.
Ranked among the top 100 global outsourcing companies in a study by Global Services Media and NeoAdvisory in 2011.
Selected as the ‘EPG Communication & Collaboration Partner of the year 2011’ by Microsoft.
Ranked 19 in the list of top 25 best employers in India and ranked second among the IT companies by AON Hewitt best employers' survey 2011.

2010 – MindTree Ltd launches Security Services to Help Businesses Solidify and Execute Their Security and Compliance Strategies.

In 2009, MindTree was ranked among the top 5 global R&D service providers by Zinnov Management Consulting Pvt. Ltd

MindTree received the BML Munjal Award, for being the best Indian private sector company in the area of Learning and Development, in February 2008.

MindTree was named among the world's top 100 outsourcing service providers by the International Association of Outsourcing Professionals 2007.

In 2007, MindTree was declared the Number 1 Most Admired Knowledge Enterprise in India by Teleos, in association with the KNOW Network.