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What Are The Inorganic Growth Plans Of The Ashok Soota-Led Company?

What Are The Inorganic Growth Plans Of The Ashok Soota-Led Company?

 

In an exclusive conversation with Siddharth Zarabi, Managing Editor of Business Today, Venkatraman Narayanan - MD & CFO of Happiest Minds Technologies, discusses the company's acquisition plans and the types of companies they aim to acquire. He also shares their ambitious goal of reaching a billion-dollar target by 2031. Furthermore, he reveals that the company plans to acquire at least 1-2 firms by the end of this year. Narayanan elaborates on their cash resources and balance, highlighting their annual addition of ₹200 crore through cash generation to maintain a cash balance ranging from ₹1000 crore to ₹2000 crore.