Drishtee.Com: fastest growing high-tech firm in India

By SiliconIndia   |   Wednesday, 29 November 2006, 06:00 Hrs
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Mumbai: Drishtee Dot Com Limited, a rural network for delivering services and related information to the village community has been labeled as the fastest growing high-tech company according to the Deloitte's ranking of 50 fastest-growing technology companies in India, reported The Indian Express.

Achieving a revenue growth of 1,187 over the past three years, Drishtee operates through an ICT center called as Drishtee Soochnalaya or Information Kiosk.

Coming in a respectable second is Delhi-based ACL Wireless Limited, leading provider of cutting-edge wireless solutions and provider of mobile value added services with 1,148 percent three-year revenue growth. The top five winners achieved a collective average three-year revenue growth rate of 853

Financial Technologies (India) Limited came in third. Recording 744 percent three-year revenue growth, India’s leading vertical specialist enterprise delivering mission-critical, Straight Through Processing (STP) solutions comprising Domain Expertise, Technology Licensing and Development and
Transaction Outsourcing.

The following industries represented the majority of the winners: Software(48 percent), and communications/networking (16 per cent). These industries make up 64 percent of the Deloitte Technology Fast 50 India 2006 ranking.

The Software industry is the leading growth sector in India.
"Despite the large diversity of the winning industries, they all have one thing in common - fast revenue growth over the last three years," said Steven Dow, Technology Fast 500 Asia Pacific Project Director, Deloitte, Hong Kong.

He said that technology companies with fast sustainable growth will continue to emerge in India, given the positive market outlook. "The development of India's high-tech industry will become more sophisticated and diversified."

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