Mastek

Mastek
Mastek Limited
Type Public
Traded as BSE: 523704
Industry Computer Services
Founded May 1982
Founder(s) Ashank Desai[1]
Headquarters Mumbai, India, India
Number of locations India, U.K., U.S., Malaysia
Key people Ashank Desai (Founder)
Ketan Mehta (Founder)
R. Sundar (Founder)
Sudhakar Ram (Founder, Chairman & MD)
Products

Insurance Enterprise Platforms: Elixir, ElixirAsia, STG, Vector. [2]

Broker back-office: Picador.
Services Information technology
Revenue $200 million(in FY 2008-09)
Employees 3,363 [3]
Website Official Website

Mastek Limited (BSE: 523704) is a multinational information technology services company headquartered in Mumbai, India. It is one of the oldest software companies in India.[4] It has four development centers in India. Mastek has major presence in the U.S., Canada, U.K., Europe, Asia-Pacific and Middle East and also eight global delivery centres in India and Malaysia.[5] Mastek and its subsidiaries employ over 3363 professionals.[3]

History

Mastek was founded in May 1982[6] by four graduates from the Indian Institute of Management (IIM), Ahmedabad: Ashank Desai, Ketan Mehta, R. Sundar and Sudhakar Ram.[7] They were later joined by current chairman & managing director of the company Sudhakar Ram. The company started operations in a two-bedroom apartment in Ghatkopar, a central Mumbai suburb, which was also the home of Ketan Mehta.

Mastek Ltd, Mumbai

References

  1. ^ "Mastek bets big on e-governance-Software-Infotech-The Economic Times". Economictimes.indiatimes.com. 2010-02-20. http://economictimes.indiatimes.com/articleshow/5594764.cms. Retrieved 2010-07-16. 
  2. ^ "Mastek looks to buy insurance vertical in UK, N America-ITeS-Infotech-The Economic Times". Economictimes.indiatimes.com. 2010-06-07. http://economictimes.indiatimes.com/infotech/ites/Mastek-looks-to-buy-insurance-vertical-in-UK-N-America/articleshow/6017985.cms. Retrieved 2010-07-16. 
  3. ^ a b "Mastek to offer wage hikes to key staff". The Hindu Business Line. 2010-02-05. http://www.thehindubusinessline.com/2010/02/05/stories/2010020553100400.htm. Retrieved 2010-07-16. 
  4. ^ "Mastek Initiating Coverage.pmd" (PDF). http://www.business-standard.com/pdf/mastekinitiatingcoverage.pdf. Retrieved 2010-07-16. 
  5. ^ "Mastek Ltd". Business.mapsofindia.com. http://business.mapsofindia.com/software-companies-india/mastek-ltd.html. Retrieved 2010-07-16. 
  6. ^ "Mastek limited [MASTEKs] History". Source2update.com. http://www.source2update.com/Company-History/Mastek-MASTEK.html. Retrieved 2010-07-16. 
  7. ^ Mastek Quick Facts

External links


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