Happiest Minds Technologies is poised to acquire 100% equity share capital of PureSoftware Technologies for $94.5 million (approximately Rs 779 crores), aiming to enhance its domain capabilities in banking, financial services, insurance, healthcare, and life sciences verticals.
PureSoftware is a digital engineering and transformation services provider with significant domain expertise, reporting revenues of $43 million in fiscal year 2024. The company collaborates with global enterprises across focused verticals including BFSI, healthcare and life sciences, retail and logistics, and gaming and entertainment, Happiest Minds said in a press release.
Joseph Anantharaju, executive vice chairman at Happiest Minds, said, PureSoftware brings with it strong capabilities in Banking, Insurance and Healthcare domains; allowing us to add value and upsell to our customers. We are excited by the potential to cross-sell Analytics, GenAI, Automation, Infrastructure Management and Cyber Security services to PureSoftware customers and drive accelerated growth for Happiest Minds.”