VC-backed Startup Happiest Minds Forms 7-member Advisory Board

18 Apr, 2012

Serial entrepreneur Ashok Soota's one year old IT services venture Happiest Minds Technologies has brought in around half a dozen individuals including two members who are part of its investor group to form an advisory board.

These include three expats Rod Hefford, Mittu Sridhara and David Webb. Hefford is currently vice president of IT for Unilever and is responsible for all customer development and supply chain systems globally. He has more than 20 years industry experience including significant roles in Asia, Africa and Europe.

UK-based Sridhara will be joining TUI Travel PLC as CIO and a member of the group management board from Ladbrokes PLC where he held a similar role. Prior to his role as CIO at Ladbrokes, he has held senior IT leadership roles at Avis Europe, Sabre Holdings and American Airlines.

US-based Webb is CIO of Equifax, a consumer credit tracking agency. Prior to this, he was COO for Silicon Valley Bank.

Besides these three the advisory board includes Alok Mittal (managing director at Canaan Advisors who advises Canaan on their investments in early stage technology businesses in India) and Anupam Srivastava (investment director at Intel Capital since 2008).

Both Canaan and Intel Capital are investors of Happiest Minds, which is focusing on solutions in the areas of cloud computing, security, analytics, social media and mobility.

Ashok Soota, executive chairman, Happiest Minds Technologies Pvt. Ltd said, "We look forward to leveraging their individual expertise and knowledge capital that will bring in global perspectives and winning strategies at Happiest Minds."

Soota and Vikram Gulati, the CEO & MD of the firm, will also be members of the advisory board. In addition, the advisory board will be augmented by experts for specific meetings / discussions. It will hold its first meeting in Bangalore on Thursday.

Happiest Minds which has raised over $45 million in its first round of funding led by Canaan Partners few months back is one of the most highly capitalised startups in the Indian technology business. It has gathered business momentum with customer wins in the US, UK & India and a presence in eight cities in these geographies.