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India's 10 fastest growing tech companies
Deloitte, a leading accounting, consulting and professional services firm, has announced its rankings of the 50 fastest-growing companies in the technology, media and telecom space.
Despite competitive conditions all round for industry players across India, the 50 companies on the Deloitte list have managed to achieve an average revenue growth rate of 372 per cent over the last three years.
The Deloitte Technology Fast 50 India 2009 Programme conducted by Deloitte, Asia Pacific, now in its fifth year, ranks the technology companies based on their percentage revenue growth over the last three financial years.
To know about the companies that figured in the list, read on. . .
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India's 10 fastest growing tech companies
1. Tanla Solutions Ltd
The overall winner is Tanla Solutions Ltd with a spectacular 2,997 per cent growth over last three financial years. The company is a provider of integrated solutions and products for telcos in the wireless telecom sector and is also making its presence felt in providing solutions for value added services.
It has an employee base of about 500 globally and was also among the top 10 companies of Deloitte Fast 50 in 2008.
India's 10 fastest growing tech companies
2. Enzen Global Solutions Private Ltd
In the second place, with revenue growth of 1,847 per cent is Enzen Global Solutions Private Ltd.
It is a new winner of Deloitte Fast 50, primarily engaged in the business of consulting and IT services and solutions with focus on energy and utilities sectors.
This company that has made a debut in Deloitte Tech Fast 50 awards this year, offers full range of consulting, strategy formulation and design, development and implementation services, process optimisation with value addition, focused on enhancing productivity at optimised cost.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
3. Latentview Analytics Private Ltd
In the third place is Latentview Analytics Private Ltd with growth rate of 987 per cent.
This company is primarily engaged in the business of analytics, offering analytics consulting, analytics modelling and decision management services for consumer lending financial services, consumer goods, insurance and contact centres.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
4. Kuliza Technologies
Founded in 2006, the Bangalore-based Kuliza Technologies, with a growth rate of 890 per cent, is a software product development and business consulting company, focused on building business solutions, using enterprise, social networking and mobile platforms.
Kuliza partners, innovates and delivers high quality solutions that add exponential value to its customers.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
5. Ocimum Biosolutions (India) Ltd
The company, which registered a growth of 663 per cent, offers a gamut of GLP compliant services such as gene and microRNA expression profiling, SNP genotyping, copy number analysis, DMET, gene sequencing, support for clinical trials and biomarker discovery.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
6. Cambridge Technology Enterprises Ltd
The Hyderabad-based group with a growth rate of 662 per cent provides software development. The group provides technology solutions for commercial customers throughout the United States and India.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
7. Krawler Information Systems Pvt. Ltd. Software
Formed in 2005, Krawler, with 554 per cent growth, brings together the best of enterprise and consumer software technologies to deliver the next generation business process management software for small and medium-sized enterprises.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
8. Yashco Systems
The company, with 552 per cent growth, offers IT services, product development solutions and business process outsourcing solutions to mid and large-sized organisations.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
9. Novatium Solutions Pvt Ltd
Novatium Solutions Private Limited, with a growth of 446 per cent, is a technology products company, designs, develops, and markets various network computers.
Its products include netPC, a network computer designed on a hardware platform without using PC or thin client components; netTV, a device for home computing and entertainment that connects to television and computer networks; and netLCD that integrates the CPU into the LCD.
The company also offers embedded development, hardware design, and server application integration and deployment services. In addition, it offers knowledge and IP on the device, and the required head-end infrastructure.
The company was founded in 2004 and is headquartered in Chennai, India.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.
India's 10 fastest growing tech companies
10. One97 Communications Private Limited Software
One97, with 435 per cent growth, is one of India's largest and most widely deployed telecom application platform company.
Every month. 200 million users perform over 2.5 billion transactions on this platform using voice, SMS and WAP applications.
Note: The photograph is for representative purposes only, and not of the company mentioned on this slide.