Elitecore won the prestigious industry recognition of being ranked 34th in Deloitte Technology Fast 50 India, 2014, a ranking of the 50 fastest growing technology companies in India. The rankings are based on percentage revenue growth over three financial years; Elitecore grew 181 percent during this period.

The award ceremony, held in Bengaluru on 7th Nov at ITC Royal Bangalore was attended by Krishnan Ganesh, a Serial Entrepreneur and Promoter; also a Member of Board of Governors- IIM, Calcutta.

Elitecore’s CEO, Nikhil Jain, 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.”

The Technology Fast 50 India conducted by Deloitte Touche Tohmatsu India Private Limited (DTTIPL), is a sought-after recognition for technology companies in India. It 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, out of which 250 were shortlisted and only 50 companies made it through.