Elitecore has won 34th rank in the Deloitte Technology Fast 50 India, 2014. The list from Deloitte comprises of 50 fastest growing technology companies in India. The rankings are obtained on the basis of revenue growth of over three financial years; Elitecore grew 181 percent during this period.
Speaking about the achievement, Nikhil Jain, Elitecore CEO, said, credits this success in achieving remarkable revenue growth rates to its technology, innovative business models and quality of human resources. He said, “It’s an extremely proud moment for us to be ranked in the Deloitte Technology Fast 50 India and gain credibility from a highly prestigious institution like Deloitte. The award is one of the most respected validations of Elitecore’s consistent growth, our product suite and business-critical solutions for Telecom Industry, business model and financial performance. It is an acknowledgment of our commitment to innovate and make a mark on technology leadership.”
On selecting Elitecore, Rajiv Sundar, Senior Director, Deloitte in India, and Program Director Tech Fast 50 India 2014, said, “Being a winner in the Deloitte Technology Fast 50 program is commendable in today’s highly competitive technology industry. With its 181% growth rate over three years, Elitecore Technology has proven that its leadership has the vision and determination to grow.”
The Deloitte Technology Fast 50 India was launched in 2005 and celebrating its tenth anniversary this year. Deloitte received thousands of nominations from companies vying for a spot in this list.