• Friday, April 26, 2024

Business

Cigniti ranked as one of the fastest-growing Indian firms in the UK

Grant Thornton analysed data from almost 850 UK-incorporated limited companies that are owned directly or indirectly, or controlled, by either an Indian-incorporated parent or an Indian citizen resident outside the UK (Photo: GERARD JULIEN/AFP/Getty Images).

By: Radhakrishna N S

CIGNITI Technologies (UK) Ltd., a wholly-owned subsidiary of Indian business, Cigniti Technologies Ltd, is ranked as one of the fastest-growing companies in the UK.

The business ranked in the report titled ‘India meets Britain Tracker 2019’ jointly released by Grant Thornton and Confederation of Indian Industry (CII), an industry body.

Grant Thornton analysed data from almost 850 UK-incorporated limited companies that are owned directly or indirectly, or controlled, by either an Indian-incorporated parent or an Indian citizen resident outside the UK.

Grant Thornton mentioned that Cigniti’s latest growth in the UK was pegged at 38.78 per cent.

Cigniti Technologies (UK) Ltd which started operations in 2014 is ranked at 22 out of the 842 companies released by Grant Thornton.

Speaking on the ranking Srikanth Chakkilam, CEO of Cigniti Technologies said: “…We are working with several leading enterprises which are part of Global 2000 companies. Independent software testing and quality engineering services are poised to grow at a high rate in this region and Cigniti is one of the highly ranked organisation for independent quality engineering and software testing services…”

Cigniti Technologies Limited is an Independent quality engineering and software testing services, is headquartered at Southern Indian city of Hyderabad.

Dr Andrew Fleming, British Deputy High Commissioner to Southern Indian states of Andhra Pradesh and Telangana, said: “There are 842 Indian companies operating in the UK, with combined revenues of almost £48 billion and employing 104,783 people.

“In the last five years, our association with Cigniti Technologies has become more strategic. We commit to help Cigniti in all its endeavors towards their growth in the UK. Cigniti is one of the very few IT companies ranked in top 25 fastest growing Indian Companies in the UK.”

Cigniti’s over 2,300 experienced professionals are spread across the US, UK, India, Australia, and Canada.

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