Archive · 18 Aug 2025
Mindsprint's Transformation: From Captive to Independent Tech Firm
Mindsprint, a tech company, used to be part of a bigger company called Olam.
Olam decided to let Mindsprint become its own company.
Mindsprint helps other companies by using smart computer programs (AI) to make their businesses run better.
They're growing and have offices in multiple places, but they still get most of their business from Olam.
Mindsprint is changing how they work, focusing on helping businesses get better results with AI, instead of just providing workers.
They're like a new company with the backing of a larger one.
Mindsprint, formerly part of Olam Group, has become an independent tech firm.
The company aims for $375-400 million in revenue by 2030, up from $100-150 million.
Mindsprint offers AI-led solutions for enterprise operations, expanding beyond its origins.
Olam Group still owns Mindsprint but may eventually divest it.
The company is expanding, with new offices in Bengaluru and Chennai.
- Who
- Mindsprint, formerly part of Olam Group.
- What
- Mindsprint's transition from a captive unit to an independent technology firm.
- When
- Mindsprint was established in 1989, and became independent in 2020.
- Where
- Headquartered in Singapore, with operations in North America, India, UAE, and Australia.
- Why
- To build its own future, driven by an entrepreneurial spirit.
Current State
Future Goals
Revenue Source
Current State
Mindsprint still relies heavily on Olam for revenue.
Future Goals
Mindsprint aims to diversify its customer base and reduce reliance on Olam.
- CEO
- Suresh Sundararajan
- Revenue
- $100-150 million annually
- Target Revenue by 2030
- $375-400 million
- Customers
- 45
- Primary Delivery Centers
- Chennai and Bengaluru