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FarEye ranks among one of India's 50 fastest growing tech companies

| | Nov 21, 2016, at 10:23 pm
New Delhi Nov 21 (IBNS): Technology company FarEye which helps enterprises run their business operations more efficiently has entered the prestigious list of Deloitte Technology Fast 50 winners for 2016.​

FarEye’s technology solutions revolutionise enterprise operations by empowering the field workforce with a powerful mobile platform.

FarEye’s intuitive dashboard delivers real-time visibility to CXOs to better serve their customers.

This empowers the enterprises to build a competitive advantage by improving its agility. FarEye is used by companies across 15 countries for a variety of transformational initiatives.

This year, FarEye made it to the coveted Deloitte list based on its proprietary technology that solves a critical need of client companies to fuel business operations with efficiency and speed.

A three-year cumulative revenue growth exceeding 200 per cent by FarEye parent Robotic Wares also helped its inclusion in the listing.

The Deloitte Technology Fast50 India program ranks the top 50 leading high-tech companies in the hardware, software, communications, media, clean energy, and life sciences and healthcare categories.

“We are delighted that our investments in building a robust technology platform for solving genuine customer problems are paying off. Customers who chose us as their partners in our initial years have found value in this relationship,” says
Kushal Nahata, co-founder and CEO, FarEye.“Our engagements are growing deeper and we are spreading across geographies,” he adds.

Commending the FarEye team on their place in the Deloitte Technology Fast 50 listing, Alok Goel, Partner, SAIF Partners said, “The evolution of mobile technologies is enabling Indian companies to make a mark in the global SaaS ecosystem. FarEye is a great example of a company that has established an initial product for the Indian market and then scaled the business to global customers. Featuring on Deloitte's Fast50 is a great testimony to their spectacular growth based on meticulous execution.”

FarEye’s customers include Amway, Bajaj Capital, BlueDart-DHL, DTDC, Hero FinCorp, Hitachi Hi-Rel, Landmark Group, Dr Lal PathLabs, Namshi, Walmart India and Zalora, among others.

FarEye was funded by SAIF Partners in June 2016 following a seed funding round from Indian Angel Network in 2015.

“Technology development will continue to power the FarEye platform as it offers the ease of plug-and-play implementation,”says Gaurav Srivastava, co-founder and CTO of FarEye that serves sectors like e-commerce, BFSI, healthcare, technology among others.

"Making it to the Deloitte Technology Fast50 is commendable in today’s highly competitive technology industry," said Rajiv Sundar, Partner, Deloitte in India. "We congratulate FarEye on being one of the 50 fastest growing technology companies in the region."

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