With a stunning revenue growth of 1,765% since 2007, FatPipe Networks(tm) has been declared the fastest developing company in the technology, media and telecom (TMT) segment in India.

FatPipe Networks(tm) has bagged the high-status Deloitte Technology Fast 50 India award during the awards ceremonial occasion, which held in Bangalore last Friday.

The Technology Fast 50 India awards, a preeminent awards program, ranks the fastest growing technology companies in the country based on percentage income growth over three fiscals.

Dr. Ragula Bhaskar, Chief Executive Officer stated, "We are truly honored by this unique and distinguished recognition. We feel this is a confirmation that the time is right for FatPipe to be focused on the Indian market."

As part of an elite group of companies listed, FatPipe will also be listed in the Asia Fast 500, and its rank will be announced on December 2, 2010.

Ad2Pro Media Solutions Private Ltd was placed on the second spot with revenue growth of 1,649%, accompanied iYogi Technical Services Pvt Ltd recording growth rate of 1,438%.

"The Deloitte Tech Fast 50 India programme has become a benchmark in the industry and these rankings help build credibility," said Deloitte Touche Tohmastu India Private Ltd Senior Director P N Sunarshan. "It's a positive sign that the top three companies this year have performed better than the toppers of the previous year," Dr. Bhaskar added.