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Vayavya Labs in Deloittes 50 fastest growing technology firms

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Vayavya Labs, Belgaum has found a place for itself in the Deloitte’s latest annual ranking of the 50 fastest growing technology firms in India finds that for the first time, small and mid-size companies from secondary towns have entered the list.Vaya Logo Pvt

Vayavya Labs focuses on providing tools that enhance the productivity of embedded system designers and programmers.

Others include Chella Software, Madurai; Think Furniture Technologies, Rudrapur; ZNet Technologies , Jaipur; Indusface Consulting, Vadodara; Elan Emerging Technologies, Ahmedabad; Vayavya Labs, Belgaum; and Atline Technologies, Salem.

The Deloitte Tech Fast 50 India saw 31 new entrants in this year’s list. In 2008, 27 companies were in the Rs 100-crore revenue category; this year it is down to 12 companies. About 38% of the companies were in the below Rs 50-crore category in 2008; that has gone up to 62% this year.

Vayavya Labs recently got a USD 1 million funding from investors.

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