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11 Jul 2020, Edition - 1824, Saturday

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FarEye Ranks on Deloitte Technology Fast 50 India 2019 for the Fourth Consecutive Year

Covai Post Network

FarEye, a predictive logistics platform, has been recognized among ‘Deloitte Technology Fast 50 India 2019 and has been ranked amongst the top 25 companies based on their percentage revenue growth over the past three financial years. During this period, FarEye’s turnover grew by 242.5 percent.


L to R: Gaurav Srivastava (CTO & Co-founder, FarEye), Gautam Kumar (COO & Co-Founder, FarEye), Kushal Nahata (CEO & Co-founder, FarEye) 

 

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 recognizing 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.

 

FarEye has been featured on the list for the fourth consecutive year starting from 2016 until this year. Founded in 2013 by Kushal Nahata, Gautam Kumar and Gaurav Srivastava, FarEye is a machine learning-based predictive logistics platform for businesses to execute, track, collaborate, predict and optimize the movement of goods. It has empowered global leaders like DHL, Walmart, Amway, and many others, achieve growth, happier customers and higher margins.

 

Commenting on the same, Kushal Nahata, CEO & Co-founder, FarEye said, “Since 2013, FarEye has matured into a well-acknowledged player facilitating over 10 million transactions per day across 20+ countries for more than 150 customers. After becoming marketing leads in APAC & Europe, we have recently announced our plans to explore the US supply chain and logistics market. Amidst this exciting phase, the honor and continually improving ranking in Deloitte Technology Fast 50 list is very motivating.”

 

About FarEye

FarEye is a ML-based predictive logistics platform for businesses to execute, track, collaborate, predict and optimize movement of goods. It has empowered global leaders like DHL, Amway, Walmart, Hilti among many others achieve growth, happier customers and higher margins. It is one of India’s fastest-growing start-ups with a 280% increase in ARR year on year. Clocking triple-digit revenue growth for the past 3 years, FarEye is now targeting a 325% growth in revenue this fiscal. 


Since 2013, FarEye has matured into a well-acknowledged player facilitating over 10 million transactions per day across 20+ countries for more than 150 customers. The organization has received more than 10 Gartner mentions and 30+ awards. FarEye employees nearly 300 people and is certified as a great workplace by the Great Place to Work® organization, a global authority on building, sustaining and recognizing high-trust, high-performance culture at workplaces.

 

About Deloitte India
All the facts and figures that talk to our size and diversity and years of experiences, as notable and important as they may be, are secondary to the truest measure of Deloitte: the impact we make in the world. So, when people ask, 'what's different about Deloitte?' the answer resides in the many specific examples of where we have helped Deloitte member firm clients, our people, and sections of society to achieve remarkable goals, solve complex problems or make meaningful progress. Deeper still, it's in the beliefs, behaviors and fundamental sense of purpose that underpin all that we do. Deloitte Globally has grown in scale and diversity – more than 263,900 people in 150 countries, providing multidisciplinary services yet our shared culture remains the same.

Source: Newsvior

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