Polunin Emerging Markets Small Cap Fund bought 8.3 lakh shares of Happiest Minds Technologies for ₹35.68 Cr at ₹429.92 apiece in a bulk deal.
A next-generation IT solutions and services company, Happiest Minds delivers digital transformation services across cloud, artificial intelligence, cybersecurity, and infrastructure domains. Established in 2011, the firm serves enterprises globally with consulting, implementation, and managed services. The company distinguishes itself through specialized expertise in emerging technologies, agile delivery models, and a focus on customer-centric digital solutions that drive business outcomes.
An institutional long-only emerging-markets small-cap fund managed by London-based Polunin Capital Partners. The strategy launched in 2007 and uses a valuation-driven, contrarian process to find mispriced cyclical businesses. Polunin manages about £5.8 billion across five funds and separately managed accounts.
