
Happiest Minds: An IPO That Flew Under The Radar In Startup Land
Published on 10th Sept, 2020 | 1 min read
Happiest Minds, a company founded in 2011, has just listed on the bourses. About 4.2 million shares in the company were earmarked for retail investors but the company is seeing bids for more than 164 million shares. He’s taken companies from zero to IPO twice and zero to $100 million thrice. He’d quit as the Chief Executive Officer of Mindtree – a company he co-founded and took public – in a huff. He wanted Happiest Minds to become the fastest company to reach $100 million in revenue. At his home in Koramangala, where conducted most of his meetings then, he’d dribble out bits of information about the new company that he was building. After he’d left Mindtree, a lot of writing in the press was about how the relationship between him and the rest of the founders at the company had soured. With the public listing of Happiest Minds, Ashok Soota has cemented his legacy as one of the finest founders India has ever had.