The global Coronavirus outbreak has brought us closer to another economic depression. A recent report from the IMF has stated that Asia-pacific (APAC) regions can overcome the crisis sooner than the U.S. and Europe due to their proactive preventive measures to arrest the spread COVID-19.
In these tough times, the Financial Times has released a report ranking 500 fastest growing companies from the Apac region. Gramener has bagged a spot in the list along with other 139 companies from India. The list was based on the criteria that the companies must be independent and have generated a revenue of $1 million in 2018.
Gramener ranked 285 out of 500 in the APAC list and ranked 59 out of 140 among the Indian companies.
There are about 50 million companies registered in the 12 countries where the ranking was conducted. Statista, a research company, was able to identify tens of thousands of candidates and the top 500 were ranked by compound annual growth rate (CAGR) in revenue between 2015 and 2018.
Technology companies have marked their dominance in the list, followed by industrial goods and healthcare. This clearly indicates that technology companies are thriving even during these testing times by constantly innovating and finding new ways to help their clients.
Earlier this year, Gramener was listed among 150 of India’s fastest-growing companies contributing significantly to the economy in a report launched by The Economic Times and Statista.
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