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SLO's MindBody announces plans to expand to India

SLO's MindBody announces plans to expand to India
Posted at 6:43 AM, Sep 18, 2019
and last updated 2019-09-18 22:03:45-04

The San Luis Obispo tech firm Mindbody is planning to open a firm in India, an expansion that will add about 50 employees to the expanding company.

MindBody announced in an August press release that it had purchased Simplicity First, a software consulting firm based in India, for an undisclosed amount.

According to the press release, MindBody expects to increase its recruitment efforts within India, "targeting entry-level and senior engineers, in addition to management roles."

The company announced in February it was being sold to Vista Equity Partners in a $1.9 billion transaction.

Stockholders filed a class action complaint against the company at that time for alleged breach of fiduciary duty.

As for MindBody's recent acquisition of the company in India, the press release states MindBody plans to open a new office in Pune later this year.

“As part of the acquisition, we are looking to hire the best engineering talent in India,” Sunil Rajasekar, Chief Technology Officer at MINDBODY, said in the press release. “India has amazing tech talent and we are excited to expand our R&D footprint there. MINDBODY is a global company and having R&D resources in region will help us serve our customers better.”