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In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals, three of which invested through an entity incorporated in Mauritius. [10] It was funded by the venture capital firms Walden International and Sivan Securities and received further funding in 2001 from the Capital Group and Franklin Templeton. [11]
The company was founded as L&T Information Technology Ltd in December 1996 as a subsidiary of Larsen & Toubro. [5] During 2001–2002, the company's name was changed from L&T Information Technology Ltd to L&T Infotech Ltd and in the same year the company achieved the assessed level of Software Engineering Institute's (SEI) Maturity Level 5.
In August 2024, starting with version 24.7.8, the company changed the Apache 2.0 license of the project to their own custom license, a modified Apache 2.0 license that included a clause prohibiting the use of the software in Atlassian's Confluence and Jira products, in order to protect sales of their own Confluence integration.
Arun Jain (born 30 December 1959) is a Chennai-based Indian industrialist, investor, and philanthropist. [1] He is the chairman and managing director of Intellect Design Arena Limited, an IT software products company in the banking, financial services, and insurance space, which is listed on the National Stock Exchange as Intellect.
This is a list of notable companies in the information technology sector based in India. Top Indian companies are listed in descending order of their market capitalization, [1] and other companies are listed alphabetically, grouped by the cities in which they are headquartered. Certain companies have main offices in more than one city, in which ...
In 1995, it became a public company, when it issued 201,000 equity shares of Rs 10 each. [11] In 2005–06, Nucleus Software expanded its operations in Europe with a wholly-owned subsidiary in Amsterdam. [12] The company was awarded with Gold Shield for Excellence in Financial Reporting 2010 by the Institute of Chartered Accountants of India ...
The company was bootstrapped and took no outside funding until 2013, [13] when it raised $37 million in Series A financing from a group of investors including K1 Capital, ICONIQ, and Salesforce. [5] By the time of its 2018 buyout, Apttus had received a total of $404 million in investment capital [ 14 ] from five rounds of fundraising, which ...
Xmind is a mind mapping and brainstorming software, It is developed by Xmind Ltd., a company registered in Hong Kong, [1] and first released in 2007. [2] [1] The application can be used to visualize ideas, clarify thoughts, manage complex information, and promote team collaboration. People use Xmind to improve their productivity and creativity ...