TO THE NEW Expects to Double Revenues in One Year
Digital services technology company TO THE NEW expects to grow revenues to Rs 250 crore in the next fiscal from the Rs 150 crores run-rate the company saw in FY19.
It has almost doubled its monthly run-rate in the financial year from Rs 8 crore to Rs 15 crores. On an average, TO THE NEW has been clocking more than 40 per cent growth in the past 5 years. Riding on top of the digital transformation and product engineering services market, the company has been growing rapidly and is now expanding into new markets such as the Middle East & Australia.
Deepak Mittal, CEO, TO THE NEW, said, “We are capitalizing on the fastest propelling technologies like Artificial Intelligence, Machine Learning, Cloud, and the Internet of Things to drive product engineering and digital transformation for best of bottom-line results. The next financial year promises to bring even bigger opportunities for TO THE NEW, and we are geared up for the same.”
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