Panacea Infosec Named 21st Fastest Growing Tech Company in Deloitte Technology Fast 50 India 2020
Prestigious award recognizes the Company with 245% strong growth trajectories
The fastest growing technology company in cybersecurity and managed security services categories
New Delhi, Delhi, India:India’s leading Cyber Security Consulting and Auditing firm, Panacea Infosec is a proud recipient of the Deloitte Technology Fast 50 India 2020 award. Deloitte Technology Fast 50 India 2020 compiled by Deloitte, ranks firms based on their revenue growth over the last three years. Panacea has been placed 21st in its debut appearance on the list and become the fastest growing cyber security audit firm in India with average growth rate is 245% since last three years.
Panacea Infosec is the leading cybersecurity and managed security services provider that helps private and public sector organizations fight threats, and effectively manage risk. Panacea Infosec is Infosec is also a part of prestigious SWIFT (Belgium) Customer Security Program as one of the listed auditors which differentiates Panacea Infosec is also a part of prestigious SWIFT (Belgium) Customer Security Program as one of the listed auditors which differentiates Panacea Infosec from other conventional security firms in India.
The Deloitte Technology Fast 50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), and is part of a truly integrated Asia Pacific program recognising the India’s fastest growing and most dynamic technology businesses (public and private) and includes all areas of technology – from internet to biotechnology, from medical and scientific to computers/hardware. The program recognises the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.
“Making the Deloitte Technology Fast 50 India ranking is a testament to a company’s commitment to technology,” Rajiv Sundar, Partner and Program Director – Technology Fast 50 India 2020, DTTILLP. “With its 245% growth rate over three years, Panacea Infosec has proven that its leadership has the vision, determination and ability to adapt and grow in a fast-changing environment.”
Founded in 2012, Panacea Infosec has grown from its initial office in Delhi with a handful of clients, Panacea Infosec has come a long way to establish itself as a pioneer in the Cyber Security Audit sector across globe. The flawless track record of the company with over 400 clients in more than 45 countries speaks volumes of expertise, quality of work, and commitment towards data security.
Panacea Infosec Founder and CEO Ajay Kaushik Credits the team effort and said, “Panacea Infosec is privileged to receive this recognition by Deloitte Technology Fast 50 India 2020 as one of India’s fastest-growing technology companies in India. Our growth is testament of the enormous support and hard work of Panacea Infosec’s entire team. It also demonstrates the importance of payment data security for Banking and Finance, Payment Gateways, Wallets, & Payment Processors, Telecom, IT & ITeS, BPO & KPO, eCommerce & Retail Merchant and Travel & hospitality industry.”
About Deloitte Touche Tohmatsu India LLP:All the facts and figures that talk to our size and diversity and years of experiences, as notable and important as they may be, are secondary to the truest measure of Deloitte: the impact we make in the world. So, when people ask, “what’s different about Deloitte?” the answer resides in the many specific examples of where we have helped Deloitte member firm clients, our people, and sections of society to achieve remarkable goals, solve complex problems or make meaningful progress. Deeper still, it’s in the beliefs, behaviours and fundamental sense of purpose that underpin all that we do. Deloitte globally has grown in scale and diversit – more than 312,000 people in 150 countries, providing multidisciplinary services yet our shared culture remains the same.
About Panacea Infosec:Panacea Infosec is one of the fastest growing technology company in cybersecurity and managed security category accredited by the PCI Security Standards Council as a PCI QSA, PCI ASV, PCI 3DS and PCI QPA and PCI SSFA to audit and certify entities processing, storing or transmitting Credit and Debit card data. Panacea Infosec is also a part of prestigious SWIFT (Belgium) Customer Security Program as one of the listed auditors which differentiates Panacea Infosec from other conventional security firms in India. Founded in 2012, Panacea Infosec has grown its clientele over 400 (that includes all major Indian banks, payment gateways) and its reach in around 45 countries across the globe.