People Group to be named at the Deloitte Technology Fast 50 India

November 23, 2006 (PRLEAP.COM) Technology News
‘People Interactive (I) Pvt Ltd’, an arm of ‘People Group’ - has once again been prestigiously named a winner at the Deloitte Technology Fast 50 India 2006 awards. People Interactive, owns new media and technology businesses such as Shaadi.com, Fropper.com, Astrolife.com, Shaadi Point and ShaadiTimes.com.

On achieving the award Mr. Anupam Mittal, Chairman & MD, People Group quotes “The last few years have been an elating challenge and experience for People Group and the Year 2006 has been somewhat of a milestone year for us. We have raised a total of $18 million via venture capital funding and also won awards such as the Red Herring Asia 2006 and CNBC EMERGING INDIA 2006 Awards. To top it all, being honoured with an award at the Deloitte Technology Fast 50 India Program for the 2nd consecutive year is a great feeling.”

Deloitte Technology Fast 50 India program recognizes the fastest 50 growing technology companies in India. The award is based on stringent parameters like consistent revenue growth year on year, ownership of proprietary technology that has contributed to a significant growth of the company and much more.

In addition, the company has also found its way into the Deloitte Technology Fast 500 Asia Pacific program, a ranking of the 500 fastest growing technology, media and telecommunications companies in Asia Pacific, for a second successive year.

People Interactive (I) Pvt. Ltd.
People Interactive (I) Pvt Ltd is part of Anupam Mittal promoted People Group and owns new media and technology businesses such as Shaadi.com, Fropper.com, Astrolife.com, Shaadi Point and ShaadiTimes.com. People Interactive has been awarded the prestigious Deloitte Fast 50 India Award and Deloitte Fast 500 Asia-Pacific Award for 2005 and 2006. It has also won the 2005-2006 Franchisor of the Year Award for its business unit Shaadi Point . People Interactive has also been recognised as a unique entrepreneurial and highly innovative company with the Red Herring 100 Asia Award and the CNBC –TV 18’s Emerging India Award .


About People Group
People Group was founded by Anupam Mittal in 1997 and has consistently grown by over 200% each year since then. The group currently employs over 400 people and is headquartered in Mumbai. In addition to 7 regional offices in India, People Group also have operations in UAE, UK, and the USA. Besides People Interactive, the group is also a very strong player in the wireless space through its company People Infocom (I) Pvt. Ltd. Its brand MAUJ is a leading wireless content and services provider. People Group is also, involved in film & television production and event management through subsidiary companies, People Pictures and PEP Management respectively.