DBT Bureau
Pune, 24 Sep 2025
Happiest Minds Technologies Limited, an AI-led customer-first digital engineering and Mindful IT company, today announced that the recent increase in H-1B visa fees will have a negligible business impact on its operations and business outlook.
Joseph Anantharaju, Co-Chairman & CEO, Happiest Minds, said, “In CY 2024 and CY 2025 till date, we had just 4 and 2 Happiest Minds, respectively, travel to the U.S. on H-1B visas. This is in line with our strategy to have a larger offshore footprint while reducing our visa dependencies. I would like to call this our ‘H-1B Outlier Advantage’, which sets us apart in the industry. We also expect other Indian IT service providers with higher H-1B dependence to adapt.”
Venkatraman Narayanan, Managing Director, Happiest Minds said, “Over the past 14 years, we have built a robust offshore-centric delivery model, with 94% of our people based in India and nearly 95% of our revenues generated outside of U.S. onsite operations. This strategic focus not only drives cost efficiencies but also enables us to consistently deliver high-quality digital solutions to our clients worldwide. Our offshore centricity is a key differentiator. We expect the proposed visa fee increase to have a negligible impact on our business. Our future utilization of H-1B visas will be guided purely based on the need for expertise and economics.”
Happiest Minds remains committed to its vision of “Happiest People . Happiest Customers.” and will continue to drive innovation, foster excellence and deliver exceptional value to its global customers.
