SUMMARY
Deloitte has shortlisted 50 fastest-growing technology startups in the country
The programme measured revenue growth of startups over the past three financial years
Deloitte's Technology Fast 50 India was first launched in 2005
Deloitte Touche Tohmatsu India LLP has announced the winners for the 15th Technology Fast 50 India programme. Notably, Deloitte has shortlisted 50 fastest-growing technology startups in the country for the programme.
According to Deloitte, the programme recognises and encourages startups and entrepreneurs who have achieved significant revenue growth rates using their technology, innovations, and skilled human resources.
Launched in 2005 by Deloitte, the Technology Fast 50 India programme is a part of an integrated Asia Pacific programme recognising India’s fastest-growing and most dynamic technology startups, operating in segments like biotechnology, medical, and scientific to computers or hardware.
The programme used the revenue growth of startups over the past three financial years to recognise the final winners. The overall winner with 8,271% growth in revenue was Bizongo, followed by TheMathCompany with 2,849% growth. Phonon secured third place with 2,291% growth in revenue over the past three years.
Here are the names of the top 10 startups that won the Technology Fast 50 India Programme
1. Bizongo:
Mumbai-based B2B startup Bizongo solves design, development, and procurement challenges in packaging with a technology-enabled platform.
2. TheMathCompany:
Bengaluru-based tech enterprise startup, TheMathCompany, is an artificial intelligence and machine learning (AI/ML) that helps organisations to become analytically self-sufficient.
3. Phonon.io:
Vadodra-based Phonon.io offers innovative IVR-based telecom solutions for banks, airlines, insurance companies, among others.
4. Motadata:
Ahmedabad-based Motadata is a unified IT infrastructure monitoring, log and flow, and IT service management platform.
5. Justcall:
US-based tech enterprise startup Justcall, which has a regional office at Noida, is a cloud-based calling platform which lets its clients call on international calls to their customers.
6. Moglix:
B2B industrial goods marketplace Moglix procures and supplies safety tools, hardware, office supplies and more to the industries.
7. DigitalAPICraft:
Bengaluru-based DigitalAPICraft is an end-to-end digital transformation platform which helps brands offer improved customer experience, transform business processes and boost operational efficiency with its application program interface(API).
8. UrbanClap:
Gurugram-headquartered home services startup UrbanClap offers services such as beauty and massage, appliance repair, plumbing, carpentry, cleaning, and painting.
9. Mobtexting:
Bengaluru-based B2B platform Mobtexting enables its clients to create unconventional customer experience by AI-enabled programmable voice services and dynamic SMS APIs.
10. ROI NET:
Gurugram-based fintech startup, ROI NET, provides access to banking and other financial services to individuals living in rural areas.
Besides these 10 startups, other noticeable startups that emerged as winners in the Deloitte’s Technology Fast 50 India Programme:
Benguluru-based edtech Unicorn startup, Byju’s, offers a learning app, which was launched in 2015, and has learning programmes for students in classes IV-XII along with courses to help students prepare for competitive exams like JEE, NEET, CAT, IAS, GRE, and GMAT.
Thane-headquartered online retailer Bewakoof, which was founded in 2012, is a direct-to-consumer online fashion retailer.
Bengaluru-based dockless bike rental startup Bounce provides premium motorcycles for rent under the brand name Wicked Rides and commuter bikes under the ‘Bounce’ brand.
Correction Note | 11:05, December 11, 2019
An earlier version of the article erroneously said that Bounce is a bike-taxi startup. However, the same has been updated to dockless bike rental startup.
