Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Top 10 Fastest Growing Technology Companies in India by Deloitte

- Advertisement -

Deloitte recognizes fastest growing technology companies in India based on their percentage revenue growth over the past three financial years

Noida-based Mogli Labs was declared the fastest growing technology company in the country by Deloitte Touche Tohmatsu India LLP (DTTILLP).

- Advertisement -

Deloitte recently announced the 50 fastest growing technology companies in the country as part of its Technology Fast 50 India 2018 program. It is the 14th edition of the program, which was launched in 2005.

The program recognizes the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.

Mogli Labs was announced overall winner with 11, 836 percent growth in three years, followed by Bangalore-based payments technology company Razorpay Software Private Limited with 11,174 percent. Delhi-based Cashify secured the third position with 853 percent.

This is the second time Ratan Tata funded e-commerce firm has become a Top 50 winner, crossing the 10,000 percent mark.

Although, ranked third and overshadowed in by the top two, Cashify has achieved the fourth highest growth rate ever recorded by a Tech Fast 50 winners in 14 editions.

Top 10 fastest growing companies with revenue growth in three years

  • MOGLI labs (INDIA) Private Limited (Moglix), Noida – 11,836%
  • Razorpay Software Private Limited, Bangalore: 11,174%
  • Manak Waste Management Private Limited (Cashify), Delhi – 6,853%
  • Oriano Clean Energy Private Limited, Mumbai – 3,431%
  • Element42 Management Solutions Pvt Ltd, Bangalore – 905%
  • NumberMall Private Limited, Hyderabad – 881%
  • Loginext Solutions Private Limited, Mumbai – 841%
  • Videonetics Technology Pvt Ltd, Kolkata – 699%
  • Serosoft Solutions Private Limited, Indore – 682%
  • DigitalAPICraft Pvt Ltd, Bangalore – 625%

The combined  revenue of the top 10 technology companies jumped from Rs 18 crore in 2016 to almost Rs 500 crore in 2018, marking a growth of almost 28 times.

Also, the overall three-year average growth rate of Top 50 was highest ever at just over 910 percent. This year’s edition saw 20 repeat winners.

 

 

 

- Advertisement -

Most Popular Articles

Mobec Initiates Recycling And Circular Economy For Sustainable Mobility

0
Mobec's latest strategy for battery refurbishment, material recovery, and energy storage supports India's 2030 goals for electric vehicles by aiming to minimise waste and...
Ola electric

Ola To Launch Its First Electric Three Wheeler ‘Raahi’ By Early 2025

0
This strategic move aims to diversify Ola's offerings beyond electric scooters and tap into the growing demand for electric three-wheelers in India. Ola Electric Ltd,...

Is India Becoming A Key R&D Hub For Apple Products?

0
Betting big on India, Apple is launching a new R&D hub to drive product design, testing, and tech innovation, tapping into the country's growing...
Vedanta Display Glass Investment

Vedanta Group To Boost Display Glass Manufacturing With $500Mn Investment

0
Vedanta’s investment in its subsidiary, AvanStrate Inc research and development, manufacturing capabilities, and product offerings to meet the increasing global demand. India's global mining firm...
Tata

Singapore Chosen As Tata’s Partner For Semiconductor Projects

0
As ties between the two countries strengthen across sectors, Tata Sons chooses Singapore as a key partner for semiconductor ventures, with major investments planned...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

Mobec Initiates Recycling And Circular Economy For Sustainable Mobility

0
Mobec's latest strategy for battery refurbishment, material recovery, and energy storage supports India's 2030 goals for electric vehicles by aiming to minimise waste and...
Ola electric

Ola To Launch Its First Electric Three Wheeler ‘Raahi’ By Early 2025

0
This strategic move aims to diversify Ola's offerings beyond electric scooters and tap into the growing demand for electric three-wheelers in India. Ola Electric Ltd,...

Is India Becoming A Key R&D Hub For Apple Products?

0
Betting big on India, Apple is launching a new R&D hub to drive product design, testing, and tech innovation, tapping into the country's growing...
Vedanta Display Glass Investment

Vedanta Group To Boost Display Glass Manufacturing With $500Mn Investment

0
Vedanta’s investment in its subsidiary, AvanStrate Inc research and development, manufacturing capabilities, and product offerings to meet the increasing global demand. India's global mining firm...
Tata

Singapore Chosen As Tata’s Partner For Semiconductor Projects

0
As ties between the two countries strengthen across sectors, Tata Sons chooses Singapore as a key partner for semiconductor ventures, with major investments planned...

Learn From Leaders

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Startups

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...