Indian electric vehicle platform leads this year’s list of the region’s fastest growing businesses
This is the sixth annual ranking of 500 high-growth Asia-Pacific companies, compiled by the Financial Times and Statista, the data company. Technology-related businesses represent nearly a third of the 2024 list, and our top-ranked company this year is Zypp Electric, an Indian electric-vehicle platform. The ranking is based on revenue growth of companies between 2019 and 2022.
India is in fourth place with 71 companies making the cut. The IT and software sector accounts for 30 per cent of companies in the ranking this year. The next most represented industry is fintech, financial services and insurance, which accounts for 8 per cent.
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