Appinventiv Wins Big: Consecutive Deloitte Tech Fast 50 Awards in 2023 & 2024

Appinventiv a product engineering leader has emerged again as one of the top industry disrupters leveraging technology to empower global businesses digital excellence The ROIfocused innovations approach of 1600 tech experts won the Deloitte Tech Fast 50 Award in 2023 creating a high benchmark to beat for the next yearThe teamrsquos consistent expertise growth in genAI AIoT FinTech and blockchain supported the revenue growth goals winning the Deloitte Tech Fast 50 Award again in 2024 building an impressive success streak in its growth journey The company now ranks 1 in the Digital amp Cloud Tech category of Deloittersquos Technology Fast 50 India report for 2024This yearrsquos globally appraised recognition from Deloitte underscores the organizations unmatched revenue growth of 2607537 from FY21 to FY24 retaining its name in the top 50 fastestgrowing tech companies in India for a consecutive yearOne key driver that sustained its revenue growth in 2024 was the early adoption of AI innovations thorough research on global best practices and seamless integrations across projects Another strong factor that boosted Appinventivrsquos revenue this fiscal year was an increased demand for longterm FinTech digital transformation projects from the Middle East USA and EuropeThis yearrsquos Deloitte event commenced with the theme lsquoInnovate Elevate Celebratersquo where influential CXOs from top technology startups enterprises and unicorns participated proactively The award was felicitated to Saurabh Singh CEO of Appinventiv during the knowledgecentric event held in Bangalore on December 5 2024ldquoRanking among Indiarsquos top 50 tech companies for the consecutive year shows that our growth strategy is not just impressive but sustainable as well We will use this as a strong benchmark to continue chasing profits over valuations through innovations that unlock breakthrough revenue growth opportunitiesrdquo said Saurabh SinghAppinventiv ranked on top of exhaustive eligibility criteria to qualify for the 2024 Deloitte Technology Fast 50 awards To qualify the company must be incorporated in India and in business for at least four years The applying organization must have operating revenues of at least INR 100 Crores in the 2024 Fiscal year Eligibility is also decided based on the average growth of at least 75 percent growth rate is computed as FY2024 revenue ndash FY2021 revenueFY2021 revenue x 100 It should own proprietary intellectual property or proprietary technology which must be sold to customers in products or services andor use technology that contributes to a majority of the companyrsquos operating revenuesldquoThe Indian technology sector is at a transformative crossroads With innovationfocused policies increasing digital inclusivity and global recognition Indiarsquos tech ecosystem is setting new benchmarks The Deloitte TechFast50 winners exemplify agility scalability and impactful innovation This yearrsquos cohort of winners highlights the resilience and ingenuity driving Indiarsquos tech evolution At Deloitte we are proud to support this journey of building better futures togetherrdquo said Peeyush Vaish Partner and TMT Industry Leader Deloitte India ldquoWe extend our congratulations to Appinventiv on being recognized as one of the 50 fastestgrowing technology companies in IndiardquoAbout AppinventivAppinventiv is an IT Consulting and product engineering company founded in 2015 with a transformation vision of empowering the tech landscape through profitable innovations In nine years the organization grew from 5 members in 2015 to over 1600 tech evangelists in 2024 The key services behind its unmatched growth rate are consulting designing development deployment and postdeployment support for businesses in 35 mainstream industries including Adidas KFC JobGet and Broker2Broker Over the years Appinventiv has established itself as the preferred partner for the Indian and Qatar governmentrsquos digital transformation initiativesAbout The Deloitte Technology Fast 50 India ProgrammeThe Technology Fast 50 India programme was launched in 2005 by Deloitte Touche Tohmatsu India LLP DTTILLP It is a part of an integrated Asia Pacific programme recognising Indiarsquos fastest growing and most dynamic technology businesses both public and private These businesses operate in different areas of technology ranging from internet biotechnology medical and scientific to computershardware The programme recognizes the fastestgrowing technology companies in India based on their percentage revenue growth over the past three financial years

Appinventiv Wins Big: Consecutive Deloitte Tech Fast 50 Awards in 2023 & 2024

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Appinventiv Wins Big: Consecutive Deloitte Tech Fast 50 Awards in 2023 & 2024

Other Articles

Mid-Day Fast