With a growth rate of 260% in revenue over the last three years, leading AI- and Data-led AgTech company CropIn has been featured in the recently released Asia Pacific Technology Fast 500 2019 index by Deloitte Touche Tohmatsu Limited (DTTL). The ranking was based on the percentage revenue growth over the past three years.
CropIn is one of the two Indian companies listed in the index under the Clean Technology Segment. Delivering cutting-edge solutions for every stakeholder in the ecosystem, the Bengaluru-based agtech pioneer powers agri-businesses to maximize efficiency, productivity, and sustainability through the most disruptive smart agricultural platform.
Speaking on the occasion, CropIn’s CEO, Krishna Kumar, said, “CropIn is deeply honoured to be listed among the top organizations that are transforming the way business is done and changing the world for a better tomorrow. Digital technologies are reshaping the agriculture sector and we are excited to be a part of this revolution. We also want to congratulate other companies that are listed in Deloitte Asia Pacific Fast 500 ranking.”
Asia Pacific Technology Fast 500 index is an annual ranking of the fastest-growing Asia Pacific companies in the hardware, software, communications, media, life sciences, and clean technology industries. Awardees are selected for the Technology Fast 500 ranking based on percentage fiscal year revenue growth over three years.
In November 2019, CropIn was ranked the fastest growing company in the Deloitte Technology Fast 50 India 2019. The Deloitte Technology Fast 50 India Program recognizes India’s fastest-growing and most dynamic technology businesses (public and private) and includes all areas of technology.
Deloitte Technology Fast 500 Asia selection and qualifying criteria
The Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth during the period from 2016 to 2018 (or 2017 to 2019 for a financial year ending between January and June). Eligibility for the Technology Fast 500 requires that companies own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000. Additionally, companies must be in business for a minimum of three years and be headquartered within Asia Pacific. This ranking is compiled from nominations submitted directly to the Technology Fast 500 program, and public company database research.