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Funding & Deals

ITC Infotech to Buy 22.1% Happiest Minds Stake, Merge Firms

Quick Take ITC Infotech will buy a 22.1% stake in Happiest Minds for about Rs 1,330 crore. Happiest Minds then merges into ITC Infotech, leaving ITC Limited with 73.4%. The combined firm targets $1 billion in revenue by FY28 with over 19,000 staff. ITC Infotech will buy a 22.1% stake in Happiest Minds Technologies for…

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