Foradian Technologies, the company behind Fedena is elated to announce it has been ranked 15th in the Deloitte Technology Fast 50 India 2014 Awards. The award, standing in its 10th edition, identifies and honour fastest growing companies in India on the basis of their percentage revenue growth in the last three years. And Foradian Technologies, with a CAGR of 323% during this period, made it to the list and has been placed 15th in the list.
The winners from the list comprises of 50 public and private companies from areas of media, technology and telecommunications, who have witnessed the highest rates of revenue growth in the last three years. In the words of Abdul Salam, CFO, Foradian Technologies, “It is a matter of pride for us at Foradian to be part of Deloitte Technology Fast 50 rankings and a testament to our remarkable growth to be ranked amongst top 20 in our first ever ranking. At Foradian we believe in the value that our product delivers to educational institutions. We have updated our product to empower our clients with more scalable and productive ERP solutions.”
The Technology Fast 50 India was initiated in the year 2005 in line with similar programs in other countries like the Deloitte Technology Fast 500, established in countries like Africa, North America, Asia, Europe and Middle East. The Indian chapter of the award is currently in its 10th year and is considered to be one of the most acclaimed award and recognition by technology companies in the country.
Other names in the Deloitte Technology Fast 50 India 2014 Awards include Vizury Interactive Solution, Tech Mahindra, Simplilearn, Zomato Media Pvt Ltd, Happiest minds Technologies, Edurekha and Think and Learn. Foradian Technologies is the only company with an ERP solution in the education sector to make it to the Tech Fast 50 list!