These 10 mid-sized IT companies in India are growing very fast

These IT companies have been pacing ahead consistently, clocking strong returns in FY2015,  even as the overall market scenario remained  quite volatile. And with the right investment strategies and business models, they look poised for an impressive growth run in the near future. 

3. Rashi Peripherals

Banking on its strong partner base and product portfolio, the IT distributor delivered a spectacular show again with 36% growth in FY2015 revenues.

In the highly competitive IT distribution space, Rashi has been growing consistently with a CAGR of 29% for the last 10 years. The company’s growth is backed by its network of branches comprising of 51 offices and 56 service centers and billing to almost 10,000 partners in 800 towns of India.

The company is eyeing huge potential in cloud technology and plans to have a separate vertical for cloud. Outlook for FY16 also looks positive, given its strong portfolio and reach.

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