Bangalore, India | 24 October 2011

Manthan Systems, a leader in Retail Business Intelligence (BI) and Advanced Retail Analytics space, announced its recognition as one of the fifty fastest growing technology companies in India by the Deloitte Technology Fast 50 India 2011 Program. This is the fifth consecutive year that Manthan is featuring in the prestigious Deloitte listing, underscoring its leadership position in the competitive Technology, Media and Telecommunications sector.

“We are delighted to be recognized, yet again, as a Deloitte Technology Fast 50 company, placing us among the most dynamic and rapidly growing tech companies in India. We attribute our consistent growth and robust financial performance to our focus on delivering enhanced value to our customers;” says Atul Jalan, CEO, Manthan Systems. “We have raised the bar on what retail-specific BI solutions can do to transform intelligent decision making in the retail industry worldwide.”

Now in its seventh year of existence, the Technology Fast 50 India program ranks the fastest growing technology companies in India based on percentage revenue growth over the last three financial years. Today the Deloitte list has emerged as an industry benchmark and sets global standards for assessing company performance and monitoring enterprise growth across a wide range of technology verticals.

Says P N Sudarshan, Programme Director, Deloitte; “We congratulate all the companies that have made it to the 2011 listing. It is indeed a commendable task as this year’s nominations had many deserving candidates and making a final selection was quite a challenge. Despite competitive conditions and fluctuating markets, all the winners showed an impressive track record and robust revenue growth in the last three years.”

Manthan’s suite of retail analytics products, under the brand name ARC, span the entire spectrum of retail decision-making and is deployed at leading retail organizations worldwide delivering unmatched business benefits in a remarkably short time frame. The latest innovation from the Manthan stable, ARC SPA is a portal-based partner connect platform designed to facilitate seamless collaboration at all levels of the retail supply chain. It has the distinction of being the only software solution of its kind that offers retailers the combined advantage of real-time supplier collaboration with a powerful analytics framework.

Says Jalan; “The recurring acknowledgement from Deloitte has inspired us to continue our quest for newer and smarter ways of delivering value to our retail customers.”

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Its member firms deliver world-class expertise in audit, tax, consulting and financial advisory services spanning multiple industries. Visit www.deloitte.com/about for a detailed description of Deloitte Touche Tohmatsu Limited and its member firms.

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