Oriano ranked 4th fastest growing technology firm from Maharashtra: Deloitte

Oriano Solar has announced that it has emerged as fourth fastest growing technology company in India on the Deloitte Technology Fast 50 India 2018, Oriano is the standalone company from Maharashtra to make it in Top 5, making it fastest growing technology company in the Maharashtra region. Rankings are based on percentage revenue growth over three years.  Oriano grew 3431 per cent during this period.

"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company's product and its leadership," said Rajiv Sundar, Program Director - Technology Fast 50 India 2018 and Partner, Deloitte India.

Founded by Sachin Jain, Yeshwant Rao and Sameer Shah in 2015, Oriano is funded by Venture Capital and Venture Debt investors’ viz. Samridhi Fund (backed by UK's DFID, SIDBI, LIC and UIIC) and Caspian Impact Investments.

Oriano is also developing products in B2C consumer space in off-grid energy access, SME Rooftops, Smart LED Lighting, Micro-Grid and Distributed Solar Home kits powered by Data Analytics and Android platform. Oriano has an advance-stage pipeline of more than 200 MW of solar projects in the next financial year.

Business | News published on 31/10/2018 by Moulin

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