Brain4ce Education Solutions wins Deloitte Fast 50 award
Brain4ce Education Solutions has won the Deloitte Tech Fast 50 award for this year.The company ehich provides online education that spans 28 professional courses clocked 2768 per cent revenue growth in the past three years, according to Deloitte officials. This growth enabled the company to win the award. The second was Ashok Soota led Happiest Minds which achieved a 2377 per cent, and the third place was taken by Zomato Media which grew by 2006 per cent, according to a company statement.
The Deloitte Tech Fast 50 India Program conducted by Deloitte Touche Tohmatsu India Private Limited (DTTIPL) ranks the fastest growing technology companies in India based on their percentage revenue growth over the last three financial years.
Overall average three year growth rate of top 50 winners aggregated to 383 percent.This year’s top five achieved an average threeyear growth rate of 1775 percent,lower than the 2013 comparable average of 4017 percent, which was skewed by an all time high performance by the winner of 2013. Rajiv Sundar, Senior Director, DTTIPL said: “We see a strong contingent of midmarket specialized technology companies from India pushing their way towards the billion dollar revenue mark.
Five 5 winners from this year have moved from a much smaller revenue bucket to the Rs100 crore club.”
(Source: Press release)