IDfy today announced that it ranked on the Deloitte Technology Fast 50 India 2022, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. IDfy grew 148% percent during this period.
IDfy’s CEO, Ashok Hariharan, credits the adoption of digital authentication technologies across industries and IDfy’s new products with the company’s 148% revenue growth over the past three years. He said, “We are going to see tremendous growth in authentications as the next 400 Million Indians enter the formal economy.”
“Making to the Deloitte Technology Fast 50 list is commendable in today’s highly competitive, fast-changing technology industry, and especially in the challenging year of 2022 which has forced us to pivot, transform and fast track digitisation,” said Rajiv Sundar, Partner and Program Director – Technology Fast 50 India 2022, Deloitte Touche Tohmatsu India LLP. “We congratulate IDfy on being one of the 50 fastest growing technology companies in India.”
The Deloitte Technology Fast 50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), and is part of a truly integrated Asia Pacific program recognising the India’s fastest growing and most dynamic technology businesses (public and private) and includes all areas of technology – from internet to biotechnology, from medical and scientific to computers/hardware. The program recognises the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.
