The enterprise IT company has raised $45m in its series A round from investors including Intel Capital, surpassing the $25m figure tipped in earlier reports.
India-based information technology company Happiest Minds secured $45m in series A financing yesterday from investors including Intel Capital, the corporate venturing unit belonging to semiconductor manufacturer Intel, and venture capital firm Canaan Partners.
Additional funding was provided by the founders of Happiest Minds, including Ashok Soota, formerly co-founder of IT consultancy MindTree, who will serve as executive chairman. Neither asset management firm the Carlyle Group nor technology, media and investment firm the International Data Group participated in the round,…
