Mindtree

{{Infobox company

| name = Mindtree

| logo = Mindtree logo.svg

| logo_size = 250px

| logo_caption =

| image =

| image_caption = Headquarters in Bangalore, India

| type = Public

| traded_as = {{plainlist|

{{BSE was|532819}}
{{NSE was|MINDTREE}}}}

| ISIN = {{ISIN|sl=n|pl=y|INE018I01017}}

| industry = Information technology
Consulting
Outsourcing

| founder = Ashok Soota
Subroto Bagchi
Krishnakumar Natarajan
Parthasarathy NS
Scott Staples
Anjan Lahiri
Kalyankumar Banerjee
Janakiraman
Kamran Ozair
Rostow Ravanan

| area_served = Worldwide

| key_people = {{ubl|A.M. Naik
{{small|(Non-Executive Chairman)}}{{cite news | url=http://timesofindia.indiatimes.com/tech/tech-news/Mindtree-appoints-Ravanan-as-CEO-Natarajan-as-executive-chairman/articleshow/50626215.cms | title=Mindtree Leadership | newspaper=The Times of India | date=18 January 2016 | access-date=18 January 2016 | archive-url=https://web.archive.org/web/20160119103115/http://timesofindia.indiatimes.com/tech/tech-news/Mindtree-appoints-Ravanan-as-CEO-Natarajan-as-executive-chairman/articleshow/50626215.cms | archive-date=19 January 2016 | url-status=live }} |S. N. Subrahmanyan
{{small|(Non-Exe Vice-Chairman)}} |Debashis Chatterjee
{{small|(MD & CEO)}}{{cite news|url=https://www.livemint.com/companies/people/mindtree-appoints-cognizant-s-debashis-chatterjee-as-new-ceo/amp-1564729264568.html|title=mindtree-appoints-cognizant-s-debashis-chatterjee-as-new-ceo|work=livemint|access-date=5 August 2019|archive-url=https://web.archive.org/web/20190805093725/https://www.livemint.com/companies/people/mindtree-appoints-cognizant-s-debashis-chatterjee-as-new-ceo/amp-1564729264568.html|archive-date=5 August 2019|url-status=live}}

}}

| revenue = {{Increase}} {{INRConvert|10520|c}}{{Cite web|title=Mindtree Profit & Loss account, Mindtree Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/mindtree/profit-lossVI/mt13|access-date=2020-06-25|website=www.moneycontrol.com|language=en |last1=Com |first1=Moneycontrol }}

| revenue_year = 2022

| operating_income = {{up}} {{INRConvert|1953.5|c}}

| income_year = 2022

| net_income = {{up}} {{INRConvert|1652.9|c}}

| net_income_year = 2022

| assets = {{Increase}} {{INRConvert|5156.60|c}}{{Cite web|title=Mindtree Consolidated Balance Sheet, Mindtree Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/mindtree/consolidated-balance-sheetVI/mt13|access-date=2020-06-25|website=www.moneycontrol.com|language=en |last1=Com |first1=Moneycontrol }}

| assets_year = 2020

| equity = {{decrease}} {{INRConvert|3156.80|c}}

| equity_year = 2020

| num_employees = 38,518 (July 2022)

| parent = Larsen & Toubro (61.08%)

| homepage = {{URL|http://www.mindtree.com}}

| foundation = {{Start date and age|1999|08|18|df=y}}

| defunct = 2022

| fate = Merged with Larsen & Toubro Infotech (LTI)

| successor = LTIMindtree

| hq_location = Global Village Tech Park

| location_city = Bangalore, Karnataka

| location_country = India

}}

Mindtree Limited was an Indian multinational information technology services and consulting company, headquartered in Bangalore. Mindtree was acquired by Larsen & Toubro in 2019, before being merged with L&T Infotech (LTI) in 2022 to form LTIMindtree.{{Cite news|url=https://www.thehindu.com/business/it-major-mindtree-joins-1-billion-club/article26867595.ece|title=IT major Mindtree joins $1-billion club|newspaper=The Hindu|date=17 April 2019|archive-url=https://www.thehindu.com/business/it-major-mindtree-joins-1-billion-club/article26867595.ece/https://www.business-standard.com/article/companies/with-25-rise-in-q4-mindtree-revenue-touches-1-billion-mark-in-fy19-119041800054_1.html|archive-date=17 April 2019|access-date=17 April 2019|url-status=live}}{{Cite web|url=https://www.mindtree.com/news/mindtree-crosses-1-billion-annual-revenue|title=Mindtree Crosses $1 Billion in Annual Revenue|website=Mindtree|access-date=22 April 2019|archive-url=https://web.archive.org/web/20190422202557/https://www.mindtree.com/news/mindtree-crosses-1-billion-annual-revenue|archive-date=22 April 2019|url-status=dead}}{{Cite web|title=Mindtree Q4 net rises 4% to ₹206 cr|url=https://www.livemint.com/companies/company-results/mindtree-q4-net-rises-4-to-rs-206-cr-11587730437083.html|date=2020-04-24|website=Livemint|language=en|access-date=2020-05-12}}

The company had business interests in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, testing, enterprise application integration, and enterprise resource planning. Mindtree had more than 307 active clients and 43 offices in over 18 countries, as of 31 March 2019.{{Cite web |date=2023-03-03 |title=Top 15 Best Embedded Companies In India 2023 - Inventiva |url=https://www.inventiva.co.in/uncategorized/top-embedded-companies-in-india/ |access-date=2023-03-14 |language=en-US}}

History

In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals, three of which invested through an entity incorporated in Mauritius.{{cite web | url=http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms | title=History of Incorporation | work=Economic Times| access-date=6 December 2013 | archive-url=https://web.archive.org/web/20131201032811/http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms | archive-date=1 December 2013 | url-status=live }} 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.{{cite web|url=http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms|title=Mindtree history – Funding|access-date=6 December 2013|archive-url=https://web.archive.org/web/20131201032811/http://economictimes.indiatimes.com/mindtree-ltd/infocompanyhistory/companyid-15673.cms|archive-date=1 December 2013|url-status=live}}

It became a public company in December 2006, and was listed on the Bombay Stock Exchange and National Stock Exchange. Its IPO debuted in February 2007, and closed in February 2007.{{cite news |url=http://articles.economictimes.indiatimes.com/2007-02-06/news/28454400_1_equity-shares-net-issue-retail-investors |title=MindTree Consulting IPO to open on 9 Feb |newspaper=The Economic Times |date=6 February 2007 |access-date=6 December 2013 |archive-url=https://web.archive.org/web/20131212080148/http://articles.economictimes.indiatimes.com/2007-02-06/news/28454400_1_equity-shares-net-issue-retail-investors |archive-date=12 December 2013 |url-status=dead }} The IPO was oversubscribed by more than a hundred times.{{cite news|url =http://www.business-standard.com/article/companies/mindtree-ipo-subscribed-103-times-107021601064_1.html|title =MindTree IPO subscribed 103 times|newspaper =Business Standard India|date =16 February 2007|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131130082111/http://www.business-standard.com/article/companies/mindtree-ipo-subscribed-103-times-107021601064_1.html|archive-date =30 November 2013|url-status =live|df =dmy-all}}

Mindtree announced a new brand identity and logo, with the slogan "Welcome to possible" in September 2012.{{cite web|url =http://articles.economictimes.indiatimes.com/2012-09-28/news/34148266_1_new-logo-ashok-soota-mindtree|title =MindTree Logo|access-date =21 May 2014|archive-url =https://web.archive.org/web/20140521124830/http://articles.economictimes.indiatimes.com/2012-09-28/news/34148266_1_new-logo-ashok-soota-mindtree|archive-date =21 May 2014|url-status =dead|df =dmy-all}} In 2012, Mindtree set up its first U.S. delivery center (USDC) in Gainesville, Florida, under the leadership of Scott Staples, co-founder and Global Head of Sales.{{cite web|url =http://www.flgov.com/2012/11/13/governor-rick-scott-attends-grand-opening-of-mindtree-limiteds-first-u-s-delivery-center/|title =Mindtree's first U.S. delivery center|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131201194827/http://www.flgov.com/2012/11/13/governor-rick-scott-attends-grand-opening-of-mindtree-limiteds-first-u-s-delivery-center/|archive-date =1 December 2013|url-status =live|df =dmy-all}}

In 2017, the company had 43 offices in over 17 countries.{{cite web|title=Mindtree Fact Sheet|url=https://www.mindtree.com/sites/default/files/mindtree-fact-sheet-web.pdf|url-status=dead|archive-url=https://web.archive.org/web/20170817122523/https://www.mindtree.com/sites/default/files/mindtree-fact-sheet-web.pdf|archive-date=17 August 2017|access-date=19 June 2017|df=dmy-all}}

Larsen & Toubro (L&T), an infrastructure major and one of the largest conglomerates in India, took over control of Mindtree in June 2019 and currently has a 61.08% stake in the company.{{Cite web|url=https://www.timesnownews.com/business-economy/companies/article/larsen-toubros-hostile-takeover-of-mindtree-explained/451060|title=[EXPLAINED] Larsen & Toubro's hostile takeover of Mindtree|website=www.timesnownews.com|date=11 July 2019 |language=en|access-date=5 October 2019|archive-url=https://web.archive.org/web/20190711131538/https://www.timesnownews.com/business-economy/companies/article/larsen-toubros-hostile-takeover-of-mindtree-explained/451060|archive-date=11 July 2019|url-status=live}}{{Cite web|title=Latest Shareholding Pattern - MindTree Ltd.|url=https://trendlyne.com/equity/share-holding/865/MINDTREE/latest/mindtree-ltd/|access-date=2020-06-25|website=trendlyne.com}}{{Cite web|title=Mindtree >> Shareholding Pattern - Promoter and Promoter Group - September 2019|url=https://www.moneycontrol.com/bse/shareholding/shp_promoters.php?sc_dispid=MT13|access-date=2020-06-25|website=www.moneycontrol.com|language=en | last1=Com | first1=Moneycontrol }} L&T's takeover of Mindtree was described at the time as the first hostile takeover in the Indian IT industry.{{Cite web |last=Moorthy |first=Swathi |date=2019 |title=This week in IT: India's first hostile takeover of Mindtree by L&T is complete |url=https://www.moneycontrol.com/news/business/this-week-in-it-indias-first-hostile-takeover-of-mindtree-by-lt-is-complete-4152251.html |access-date=2022-04-01 |website=Moneycontrol |language=en}}{{Cite web |last1=Phadnis |first1=Shilpa |last2=Kurian |first2=Boby |date=18 March 2019 |title=Mindtree: L&T to make 1st-ever hostile bid in Indian IT for Mindtree {{!}} India Business News - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/lt-to-make-1st-ever-hostile-bid-in-indian-it-for-mindtree/articleshow/68457037.cms |access-date=2022-04-30 |website=The Times of India |language=en}}

In March 2020, Mindtree announced the appointment of Dayapatra Nevatia as COO with immediate effect. He joins the company from Accenture where he was the managing director as well as the director for delivery for advanced technology centers in India.{{Cite web|url=https://njbiz.com/technology-services-company-mindtree-appoints-chief-operating-officer/|title=Technology services company Mindtree appoints chief operating officer|last=Hutter|first=David|date=2020-03-02|website=NJBIZ|language=en-US|access-date=2020-03-03}}

In May 2022, L&T announced that Mindtree will be merged into Larsen & Toubro Infotech (LTI).{{Cite news |last=Vashisht |first=Nikita |date=2022-04-26 |title=Explained: Why M&As are rising in India & how can investors benefit? |work=Business Standard India |url=https://www.business-standard.com/article/markets/explained-why-m-as-are-rising-in-india-how-can-investors-benefit-122042600558_1.html |access-date=2022-04-30}} The merger was completed in November 2022 and the combined entity was named LTIMindtree.{{Cite web |last=Baruah |first=Ayushman |date=2022-07-15 |title='Mindtree-LTI synergies are already producing results' |url=https://www.livemint.com/companies/people/mindtreelti-synergies-are-already-producing-results-11657818737251.html |access-date=2022-10-28 |website=mint |language=en}}{{Cite web |title=Top 100 stocks by Market Capitalization {{!}} BSE Listed stocks Market Capitalization |url=https://www.bseindia.com/markets/equity/eqreports/topmarketcapitalization.aspx |access-date=2022-12-19 |website=www.bseindia.com}}

Services

File:MindTree West Campus.jpg campus in Bangalore]]

File:MindTree Chennai Campus.JPG]]

Mindtree works in Application Development and Maintenance, Data Analytics, Digital Services, Enterprise Application Integration and Business Process Management, Engineering R&D, Enterprise Application Services, Testing, and Infrastructure Management Services.{{cite web|url =http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports/|title =Mindtree's Services|access-date =22 May 2014|archive-url =https://web.archive.org/web/20140522085107/http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports/|archive-date =22 May 2014|url-status =dead|df =dmy-all}}

Mindtree's business is focused clients on Banking, Capital Markets, Consumer Devices & Electronics, Consumer Packed Goods, Independent Software Vendors, Manufacturing, Insurance, Media & Entertainment, Retail, Semiconductors and the Travel and Hospitality industry.{{cite web|url =http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports|title =Mindtree's client focus|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131130104007/http://profit.ndtv.com/stock/mindtree-ltd_mindtree/reports|archive-date =30 November 2013|url-status =dead|df =dmy-all}}

Mindtree's workforce includes thousands of employees who serve as Microsoft Azure outsourced support agents.{{Cite web|url=https://www.mindtree.com/about/alliances/microsoft|title=Mindtree: Microsoft}}

Employees

Mindtree has a total of 35,071 employees as of fiscal year 2022.{{Cite web |last=Sun |first=Shangliao |date=Jan 6, 2023 |title=Statista - Mindtree Ltd |url=https://www.statista.com/statistics/1222306/mindtree-ltd-number-of-employees/ |website=Statista}} The workforce consists of employees from over 80 nationalities working from various offices around the globe. Out of total workforce, 95% are software professionals and remaining 5% work in support and sales.{{Cite web|title=Investors {{!}} Mindtree|url=https://www.mindtree.com/about/investors|website=www.mindtree.com|access-date=2020-05-12}}

Acquisitions

class="wikitable sortable"

! data-sort-type="text"|Name

! data-sort-type="date"|Acquisition date

! data-sort-type="text"|Activities

! data-sort-type="text"|Country of HQ

! data-sort-type="currency"|Price

! data-sort-type="number"|Employees
(at acquisition)

! data-sort-type="text"|Reference

ASAP Solutions

| 2004

| SAP & ERP

| India & United States

| NA

| 120

|{{cite web|url =http://www.rediff.com/money/report/mind/20041007.htm|title =Mindtree acquires ASAP Solutions|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904193720/http://www.rediff.com/money/report/mind/20041007.htm|archive-date =4 September 2014|url-status =live|df =dmy-all}}

Linc Software Services Pvt Ltd

| 2005

| Application development and Maintenance domains for Mid-Range Systems

| India

| $7 million

| 220

|{{cite web|url =http://www.thehindubusinessline.com/todays-paper/tp-info-tech/article2176803.ece|title =Mindtree acquires Linc Software Services Pvt Ltd|work =The Hindu Business Line|date =6 May 2005|access-date =4 September 2014|archive-url =https://web.archive.org/web/20160116153910/http://www.thehindubusinessline.com/todays-paper/tp-info-tech/article2176803.ece|archive-date =16 January 2016|url-status =live|df =dmy-all}}

CoSystems

| 2005

| Telecom (Captive Development Center – Indian division)

| United States

| {{INR}} 10 million

| 20

|{{cite news|url =http://www.business-standard.com/article/companies/mindtree-likely-to-report-55-million-for-fy05-105030301035_1.html|title =Mindtree acquires Indian Division of CoSystems|newspaper =Business Standard India|date =3 March 2005|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904203016/http://www.business-standard.com/article/companies/mindtree-likely-to-report-55-million-for-fy05-105030301035_1.html|archive-date =4 September 2014|url-status =live|df =dmy-all|last1 =Badrinath|first1 =Raghuvir}}

TES-Purple Vision

| 2007

| Electronics(IC Design). Indian Division. Subsidiary of TES Electronic Solutions SA.

| France

| $6.55 million

| 150

|{{cite web|url =http://in.reuters.com/article/tespv-mindtree-buyout-idINBMB00405320071114|title =Mindtree acquires TES-Purple Vision|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904232412/http://in.reuters.com/article/2007/11/14/tespv-mindtree-buyout-idINBMB00405320071114|archive-date =4 September 2014|url-status =dead|df =dmy-all}}{{cite web|url =http://articles.economictimes.indiatimes.com/2007-11-14/news/28450444_1_design-services-tes-electronic-solutions-sa-networking-and-telecom-systems|title =Mindtree acquires TES-Purple Vision|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131201073332/http://articles.economictimes.indiatimes.com/2007-11-14/news/28450444_1_design-services-tes-electronic-solutions-sa-networking-and-telecom-systems|archive-date =1 December 2013|url-status =dead|df =dmy-all}}

Aztecsoft

| 2008

| Product engineering and Testing services company. Aztecsoft had previously acquired Disha Technologies, a testing company, in 2004.

| India

| {{INR}} 40 million

| 2200

|{{cite web|url =http://articles.economictimes.indiatimes.com/2008-07-29/news/27697065_1_aztecsoft-shares-managing-director-ashok-soota-executive-officer-krishnakumar-natarajan|title =Mindtree acquires Aztecsoft|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131204051336/http://articles.economictimes.indiatimes.com/2008-07-29/news/27697065_1_aztecsoft-shares-managing-director-ashok-soota-executive-officer-krishnakumar-natarajan|archive-date =4 December 2013|url-status =dead|df =dmy-all}}{{cite news|url =http://www.business-standard.com/article/technology/mindtree-set-to-buy-aztecsoft-for-rs-400-cr-108050201002_1.html|title =Mindtree acquires Aztecsoft|newspaper =Business Standard India|date =2 May 2008|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904203917/http://www.business-standard.com/article/technology/mindtree-set-to-buy-aztecsoft-for-rs-400-cr-108050201002_1.html|archive-date =4 September 2014|url-status =live|df =dmy-all|last1 =d'Monte|first1 =Leslie}}

Kyocera Wireless India Pvt Ltd

| 2009

| Wireless services. Indian R&D Division

| Japan

| $6 million

| 600

|{{cite web|url =http://articles.economictimes.indiatimes.com/2012-12-27/news/36022189_1_ashok-soota-mindtree-subroto-bagchi|title =Mindtree acquires Kyocera Wireless India Pvt Ltd|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131201074035/http://articles.economictimes.indiatimes.com/2012-12-27/news/36022189_1_ashok-soota-mindtree-subroto-bagchi|archive-date =1 December 2013|url-status =dead|df =dmy-all}}{{cite web|url =http://www.dnaindia.com/money/report-mindtree-loses-kyocera-contract-worth-25-millionquarter-1520805|title =Mindtree acquires Kyocera Wireless India Pvt Ltd|work =dna|date =17 March 2011|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904204632/http://www.dnaindia.com/money/report-mindtree-loses-kyocera-contract-worth-25-millionquarter-1520805|archive-date =4 September 2014|url-status =live|df =dmy-all}}

7Strata

| 2010

| Remote infrastructure management services

| India

| {{INR}} 7.2 million

| 90

|{{cite web|url =http://www.livemint.com/Companies/PaeefeE4jfDi53TvB2ffSO/MindTree-to-acquire-7Strata-for-Rs72-cr.html|title =Mindtree acquires 7Strata|work =mint|date =22 April 2010|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131211221448/http://www.livemint.com/Companies/PaeefeE4jfDi53TvB2ffSO/MindTree-to-acquire-7Strata-for-Rs72-cr.html|archive-date =11 December 2013|url-status =live|df =dmy-all}}{{cite web|url =http://dnasyndication.com/dna/article/DNBAN23802|title =Mindtree acquires 7Strata|access-date =4 September 2014|archive-url =https://web.archive.org/web/20140904215516/http://dnasyndication.com/dna/article/DNBAN23802|archive-date =4 September 2014|url-status =dead|df =dmy-all}}

Discoverture Solutions LLC

| Jan 2015

| Property and Casualty Insurance

| United States

| $15 million

| 300

|{{cite news|url =http://economictimes.indiatimes.com/tech/ites/mindtree-to-buy-us-firm-discoverture-solutions-for-15-million/articleshow/45942743.cms|title =Mindtree acquires Discoverture Solutions|newspaper =The Economic Times|access-date =19 January 2015|archive-url =https://web.archive.org/web/20170702042612/http://economictimes.indiatimes.com/tech/ites/mindtree-to-buy-us-firm-discoverture-solutions-for-15-million/articleshow/45942743.cms|archive-date =2 July 2017|url-status =live|df =dmy-all}}

Bluefin Solutions Limited

|July 2015

|IT solutions, SAP HANA solutions

|United Kingdom

|£42.3 million

|{{Cite news|title = Mindtree acquires UK, US based firms for Rs. 482 crore|url = http://www.thehindu.com/business/mindtree-acquires-uk-us-based-firms-for-rs-482-crore/article7429809.ece|newspaper = The Hindu|date = 16 July 2015|access-date = 16 July 2015|issn = 0971-751X|language = en|first = Pradeesh|last = Chandran|archive-url = https://web.archive.org/web/20160116153910/http://www.thehindu.com/business/mindtree-acquires-uk-us-based-firms-for-rs-482-crore/article7429809.ece|archive-date = 16 January 2016|url-status = live|df = dmy-all}}

Relational Solutions Inc

|July 2015

|IT solutions {{En dash}}CPG

|United States

|$10 million

Magnet 360

|Jan 2016

|Salesforce consulting

|USA

|$50 million

|100

|{{Cite web|title = Mindtree to buy Magnet 360 for $50 mn- Business News|url = http://www.businesstoday.in/current/corporate/mindtree-to-buy-magnet-360-for-50-mn-dollars/story/228288.html|website = www.businesstoday.in|access-date = 18 January 2016|archive-url = https://web.archive.org/web/20160119165433/http://www.businesstoday.in/current/corporate/mindtree-to-buy-magnet-360-for-50-mn-dollars/story/228288.html|archive-date = 19 January 2016|url-status = dead|df = dmy-all}}

Subsidiaries

class="wikitable"

! Name

! Location

Mindtree Software (Shanghai) Co. Ltd{{cite web|url=http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|title=Mindtree Foundation|access-date=22 May 2014|archive-url=https://web.archive.org/web/20131130054320/http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|archive-date=30 November 2013|url-status=live}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/857465553 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/857158132 cite No. 35 – verify the cite is accurate and delete this template. User:GreenC bot/Job 18}}

|China

Bluefin Solutions Limited

|United Kingdom

Bluefin Solutions Inc.

|United States

Bluefin Solutions Sdn Bhd

|Malaysia

Bluefin Solutions Pte Ltd

|Singapore

Philanthropy

Mindtree Foundation is a unit of Mindtree that works towards improving the lives of people with disabilities and the enhancement in the quality of primary education.{{cite web|url=http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|title=Mindtree Foundation|access-date=6 December 2013|archive-url=https://web.archive.org/web/20131130054320/http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|archive-date=30 November 2013|url-status=live}} Mindtree Foundation was incorporated in November 2007, under section 25 of Companies Act. Mindtree's employees, assistive technologies and associations with NGOs led to the following:{{cite web|url =http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|title =Mindtree Foundation contribution|access-date =6 December 2013|archive-url =https://web.archive.org/web/20131130054320/http://economictimes.indiatimes.com/mindtree-ltd/directorsreport/companyid-15673.cms|archive-date =30 November 2013|url-status =live|df =dmy-all}}

The launch of 'Udaan', a scholarship program to support the medical education of underprivileged students in association with Narayana Hrudayalaya Charitable Trust.{{cite web|url =http://www.thehindubusinessline.com/news/states/mindtree-trust-launch-udaan/article6691146.ece|title = Udaan}}
The launch of 'I Got Garbage', a cloud-based platform aimed to simplify waste management and transform every waste picker in Bengaluru, India, into an entrepreneur through a structured and governed waste management framework.{{cite news|url =http://www.business-standard.com/article/news-cm/mindtree-launches-i-got-garbage-cloud-based-technology-platform-114061700419_1.html|title =I Got Garbage|newspaper =Business Standard India|date =17 June 2014|access-date =24 November 2014|archive-url =https://web.archive.org/web/20150704135642/http://www.business-standard.com/article/news-cm/mindtree-launches-i-got-garbage-cloud-based-technology-platform-114061700419_1.html|archive-date =4 July 2015|url-status =live|df =dmy-all|last1 =Market|first1 =Capital}}
Individual Social Responsibility – Employees join the cause of donation of old clothes/toys/books, distribution of solar lanterns, caring for the elderly, cleaning up the city, blood and organ donation.{{cite news|url =http://timesofindia.indiatimes.com/business/india-business/Mindtrees-socially-conscious-staff-pick-crusaders-for-good-causes/articleshow/41832867.cms|title =Mindtree ISR|newspaper =The Times of India|date =6 September 2014|access-date =9 September 2014|archive-url =https://web.archive.org/web/20150202095825/http://timesofindia.indiatimes.com/Business/India-Business/Mindtrees-socially-conscious-staff-pick-crusaders-for-good-causes/articleshow/41832867.cms|archive-date =2 February 2015|url-status =live|df =dmy-all}}