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AI News ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company

ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company

5:50 PM IST · September 1, 2026

ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company

ITC Infotech will acquire a 22.1% stake in Happiest Minds from its promoters for ₹1,330 crore before merging the two companies through a share swap.

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ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company

ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company

ITC Infotech will acquire a 22.1% stake in Happiest Minds from its promoters for ₹1,330 crore before merging the two companies through a share swap.

1 hour ago

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Cypher 2025 Asked if India’s IT Giants Would Survive AI. 10 Months Later, the Market Has Answered

Cypher 2025 Asked if India’s IT Giants Would Survive AI. 10 Months Later, the Market Has Answered

About ₹15 lakh crore of market value has left five companies whose revenues are, for the most part, still growing. This is what it looks like when a debate gets settled by results rather than argument.

1 hour ago

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Deeptech Startup Alteon Raises $2.5 Mn Led By Lachy Groom to Make Perpetual flights a Reality

Deeptech Startup Alteon Raises $2.5 Mn Led By Lachy Groom to Make Perpetual flights a Reality

Founded in 2025 by 20-year-old Samay Sanghvi, Bengaluru-based Alteon is working on building high-endurance airplanes.

1 hour ago

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Kepler Aerospace Raises $8 Mn to Deploy Swarming ISR Satellites

Kepler Aerospace Raises $8 Mn to Deploy Swarming ISR Satellites

Bengaluru-based company will use the funding to launch six satellites and expand its mission operations and avionics businesses.

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ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company