The 19th edition of Deloitte’s Technology Fast 50 India Awards honored the country’s fastest-growing tech companies in 2024. The awards recognized companies in categories such as Sustainability Tech, EdTech, InsurTech, and Credit Tech, reflecting the evolving priorities of India’s technology ecosystem. The top 5 winners were Garuda Aerospace, Redcliffe Lifetech, FarMart Services, Capgrid Solutions, and Upgrid Solutions. The awards highlighted the growth of startups in tier-two and tier-three cities, with two winners from these regions.
Deloitte India Partner Peeyush Vaish noted that the winners demonstrated remarkable adaptability and innovation, shaping the fast-changing digital environment. The event featured a masterclass session with a distinguished jury, where they offered insights on IPO strategies, governance, funding, and ESG. The awards also highlighted the increasing focus on sustainability, with the introduction of the “Sustainability Tech” category.
Between 2005 and 2022, several past winners went public, while seven companies achieved Unicorn status. The evaluations considered revenue growth, innovation, sustainability, and market impact. The “SheXO in Tech” category showcased technology’s role in empowering women and promoting inclusivity. The Deloitte India Technology Fast 50 Awards recognize the country’s most innovative and rapidly growing technology companies, highlighting India’s growing importance in the global tech landscape.