Happiest Minds Technologies Limited on Tuesday announced its new vertical organization structure comprising six new Industry Groups (IG) – Industrial, Manufacturing and Energy & Utilities, Healthcare & Life Sciences, Retail, CPG and Logistics, Banking, Financial Services, and Insurance (BFSI), Hi-Tech and Media & Entertainment, and EdTech.
Ashok Soota, Executive Chairman, said, “The potential of this new structure is immense and will be the bedrock of new growth engines, enabling us to compete better in the global markets and realize our vision of reaching $1 billion in revenues by 2031.”
Joseph Anantharaju, Executive Vice Chairman & CEO (PDES), said “This verticalization is a major event in the evolution and growth of Happiest Minds changing the foundations of our organization structure, while significantly augmenting our sales prowess and accelerating growth. Each Industry Group (IG) will have dedicated teams with deep domain expertise, allowing for customized solutions, and faster response times thus enhancing our agility and driving innovation leading to increased customer happiness and sustainable growth.”
Each new Industry Group, the company said, is led by an IG Head, and is responsible for the P&L, selling Generative AI Business Services (GBS) to existing and potential accounts, along with Product & Digital Engineering Services (PDES) and Infrastructure Management & Security Services (IMSS).
“Being a market-facing leadership role, the IG Head owns the IG strategy, business plan, GTM, sales, domain capability, and overall customer and people happiness. Each IG Cluster will have dedicated teams with deep domain expertise, specialist BDMs for existing account growth, and in-house consulting capabilities,” it said in a statement.
While Poornima Bethmangalkar, with over 23 years of experience in the industry, is appointed as the GM and IG Head of Industrial, Manufacturing and Energy & Utilities segment; Srinivas Iyengar, with over 25 years of experience in the technology services industry, is appointed as the VP and IG Head of Healthcare & Life Sciences segment.
Priya Prasad, with 24 years of experience, is the VP and IG Head of Retail, CPG & Logistics vertical. Subhasis Bandyopadhyay is appointed as VP and IG Head of BFSI vertical. He has over 30 years of experience in banking, payments, risk and compliance, insurance, and capital markets. Viswanath Subramaniam is the VP and Domain Head of EdTech vertical. Meanwhile, the company said that the IG head for Hi-Tech and Media & Entertainment will be announced in the coming weeks.