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Third year in a row CedCoss grabs a position amongst the winners of Deloitte's Technology Fast 50 India Award - Ranked22

11-05-2018 09:24 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: cedcommerce

Third year in a row CedCoss grabs a position amongst the winners

Portland, CedCommerce:
CedCoss, the parent company of CedCommerce, has made it to the Deloitte Technology Fast 50 India winners list – 3 years in a row. The fact that the company performed the best in the 3rd time makes the occasion merrier.

The awards were distributed in a ceremony held in Bangalore on October 26, 2018, which was dominated by the companies working in E-commerce ecosystem – B2B E-commerce, M-Commerce, E-commerce for FMCG distribution, last-mile logistics and mobile payments.

The director and co-founder duo – Abhishek Jaiswal and Himanshu Rauthan paid a heartfelt thanks to all the peers of the company and congratulated them for maintaining their consistency and improving their rank to grab the 22nd spot in the country.

In their Thanksgiving message sent to the company they said, “We are immensely happy to be receiving this award on company’s behalf. They thanked every employee for their efforts and appreciated the hard work and said if we’re able to achieve all our goals in the desired timeline them we are confident to be at a higher spot the next year.

The Deloitte Technology Fast 50 India program conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), recognizes the fastest growing technology firms on the basis of the revenue growth and bestows them with accolades in its event. This program aims at acknowledging the companies which every year bring about new innovations to benefit the commoners and contribute to the country’s economy.

And it’s a HATTRICK!

CedCommerce’s parent company has been making it to the Deloitte Technology Fast 50 India Winners List for the last two years (2016, 2017), therefore this year’s award happens to be the third one and is an evidence of company’s growth. The company’s proven technologies and user-friendly products led it to become an official partner of Walmart, Sears, Newegg, Fruugo, and other major marketplaces and this accolade, this year, is like the cherry on the top. The company is also working on new promising verticals to better the country ‘s technology and economical prospects.

The Vision :
The Vision remains intact – to democratize the e-commerce. As the internet usage in India skyrocketed, the prospects of e-commerce in India are brighter than ever before. Not only India, global e-commerce is on the upsurge. According to statistics firm, Statista, global e-commerce retail would be $4.4 trillion in 2021 up from $2.2 trillion in 2017, a 3 digit growth in just five years. CedCommerce aims to expand the reach of affordable tools to maximum aspirants enabling them to jumpstart their e-commerce business.

The core components of Growth:
CedCommerce is aimed at improving technical aspects and bringing in new innovations in order to improve user experience, thus all its components of growth are based on the aim mentioned above and are as follows :

1) The high degree of faith in CedCommerce, its robust plugins and tools, and remarkable customer service.

2) Trusted partners such as Walmart, Fruugo, Sears and other leading marketplaces.

3) New customers each month and consistent association with old customers.

4) Most trusted products available on Magento Marketplace, Shopify App Store, Prestashop Store, BigCommerce Store, OpenCart Store, Hubpost etc.

This win is dedicated to the combined efforts of our subsidiaries

- CedCommerce
- Make Web Better
- Bot My Work
- Magenative

About Deloitte Technology Fast 50 India:
The year 2018 marks the 14th anniversary of Deloitte Technology Fast 50 India. The program is devised to honor leading businesses, which focus on the market segments, with huge growth potential. Once an enterprise achieves Technology Fast 50 India ranking, it automatically becomes eligible for entry to the regional Technology Fast 500 Asia Pacific program.

CEDCOSS, conceived and conceptualized in 2010 by co-founders Himanshu Rauthan and Abhishek Jaiswal is a leading solutions provider working across verticals to accelerate smooth digital transformation. The venture has managed to reach heights with the support of dedicated professionals aimed at delivering best in class IT solutions.

CedCommerce Inc, 1812 N Columbia Blvd, Suite C15-653026, Portland, Oregon, 97217, USA

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