Latka logo
Mindtree logo

Mindtreerevenue & acquisition

Consulting & AdvisoryMysore Road, Bengaluru, Karnataka, IndiaFounded 1999

Mindtree was acquired by Larsen & Toubro Limited in 2021.

Mindtree Limited is an Indian multinational information technology and outsourcing company headquartered in Bangalore, India and New Jersey, USA.

mindtree.comLinkedInUpdated Aug 4, 2026
Annual revenue
$1.1B
Jan 2021+8% YoY
Acquired for
$112.3B
by Larsen & Toubro Limited · Jan 2021
Employees
26.3K
Dec 2020
Customers
270

Mindtree revenue

Mindtree's annual revenue was $1.1B in January 2021, its last figure before Larsen & Toubro Limited bought it (source not recorded). That is up 8% from $1B a year earlier.

$0
$500M
$1B
$0
–
$846.8M
$1B
–
$1.1B
19992000–172018201920202021
ReportedFounded 1999 at $0; every reading has its own bar
All 3 revenue readings, with sources
As ofRevenueSource
Dec 2018$846.8M–
Dec 2019$1B–
Jan 2021$1.1B–

– source not recorded

Who owns Mindtree

Larsen & Toubro Limited owns Mindtree. It bought the company in January 2021 for $112.3B.

Mindtree CEO, founders & employees

Debashis Chatterjee founded Mindtree in 1999 and led it as CEO. Mindtree had 26.3K employees (December 2020).

0
10K
20K
23.3K
25.4K
26.3K
201820192020
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Dec 2020): 15,508 engineers, 149 in sales, 88 in marketing

All 5 headcount readings, with sources
As ofEmployeesSource
Dec 202026.3K–
Oct 202025.2K–
Jun 202025.8K–
Dec 201925.4K–
Dec 201823.3K–

Mindtree FAQ

What was Mindtree's revenue?

Before Larsen & Toubro Limited bought it, Mindtree's annual revenue was $1.1B in January 2021 (source not recorded).

Who owns Mindtree?

Larsen & Toubro Limited owns Mindtree. It bought the company for $112.3B in January 2021.

How many employees does Mindtree have?

Mindtree had 26.3K employees in December 2020.

Who founded Mindtree?

Debashis Chatterjee founded Mindtree in 1999.

How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.

Updated Aug 4, 2026Data disclaimerReport a correctionClaim this profileRun Mindtree? Join the podcast