Akraya Named #24 Fastest-Growing Private Company by Silicon Valley Business Journal

Oct. 14, 2009 - PRLog -- Akraya was among the 70 private companies honored at the Business Journal's "Fastest-Growing Private Companies in Silicon Valley" Award Gala at the Computer History Museum in Mountain View, CA on Thursday, October 8, 2009. Akraya CEO, Amar Panchal and President, Sonu Ratra as well as the Akraya management team were in attendance to accept the award.

The List of The Fastest-Growing Private Companies is compiled annually by The Silicon Valley Business Journal. To be eligible, each company must be privately held as of fiscal year-end 2008, headquartered in Silicon Valley and have at least a three-year sales history. Final selection was based on revenue growth. Akraya reported more than 130% revenue growth over the past 3 years.

Akraya, Inc. was founded by CEO, Amar Panchal and President, Sonu Ratra in 2002 with the desire to fill a gap between what clients needed and what other staffing agencies provided. Akraya has grown in a mere 7 years into a preferred staffing company to several Fortune 500 enterprises with annual revenue of $28MM in 2008. Today, Akraya has offices in Sunnyvale, CA and Pune, India. In June 2009, Akraya was named #26 on the Fastest Growing Staffing Firms in the US list by Staffing Industry Analysts. In August 2009, Akraya was named the 9th Largest Women-Owned Business in Silicon Valley by The Silicon Valley Business Journal. In September, 2009 Akraya was honored with the Woman-Owned Business of the Year Award by Women’s Initiative. Akraya also became an Inc. 5000 honoree in 2009.

“It is an honor to be named to the Fastest-Growing Private Companies List” said Panchal. “Despite the economic downturn, Akraya has had a great year. We were able to enhance our IT and Engineering professional services while introducing our new marketing& creative service line. We also managed to expand our client base while simultaneously continued supporting our current clients with best-of-breed professional talent.”

Besides Akraya’s highly customizable delivery model, its proprietary recruiting database and unique recruiting model named “Beyond Requirements,” Panchal names the Akraya team’s loyalty and positive morale as the backbone of the company’s healthy growth.

“Without the Akraya staff’s dedication and hard work none of this would have been possible. I would like to dedicate this award to them and thank them for their help in making Akraya one of the fastest growing privately held companies in the Silicon Valley.” added Panchal.

To find out more about Akraya, Inc. please visit www.akraya.com or call 408.907.6400.

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Akraya, Inc. is a multiple award-winning, fast growing provider of IT, Engineering, Creative & Marketing talent. We have extensive experience supporting Enterprise clients like eBay, Cisco, Oracle and Roche as well as hot emerging companies like Facebook. Akraya is a woman-owned and minority-owned certified business and also a certified Bay Area Green Business.