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| BillDesk in Deloitte Technology's Fast 500 Asia Pacific 2006 Program BillDesk has been named a winner in the Deloitte Technology Fast 500 Asia Pacific 2006 Program. The Deloitte Technology Fast 500 Asia Pacific program is the region's most objective industry-ranking standard to focus on the technology field. It was created in 2001 to recognize the effort and dedication of the 500 fastest-growing technology companies in Asia Pacific and includes all areas of technology, from Internet to biotechnology, from medical and scientific to computers/hardware. It includes both public and private companies. The awards, recognizes technology companies that have achieved the fastest rates of annual revenue growth in Asia Pacific during the past three years. The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area. BillDesk was also recently named top Red Herring 100 winner an award that recognises and highlights those companies who have shaped the future of technology innovation and transformed markets. BillDesk powers electronic payments and collections services for the largest banks and companies in India and also manages the bill payment service of Visa in India. It operates as a neutral service bureau aggregating multiple banks, billing companies and other corporations onto a common standards-based platform for delivering electronic payments and collection services across multiple electronic channels. Banks like Citibank, HDFC Bank, SBI and companies like Hutchison Essar, Bharti, are among the leading users of BillDesk Electronic Payments and collections services. BillDesk has recently secured strategic financing of $7.5 million from State Bank of India, India's largest bank and Clearstone Ventures Advisors, a leading early stage venture capital fund with successes such as PayPal, Overture and MP3.com. write your comments about the article :: © 2006 Computing News :: home page |