An Indian company Lendbox has surpassed industry giants like Tata and Birla and emerged as one of the fastest-growing firms in the Asia-Pacific region. Ranked among the top 500 companies in the region Lendbox a peer-to-peer (P2P) non-banking financial company (NBFC) has secured the top spot in this prestigious list compiled by Financial Times and Statista. Indian Companies In List Apart from Lendbox several other Indian companies are there in the list like BlueSmart at 6th position Meesho at 72nd position Titan Company (Tata Group) at 301st position Aditya Birla Capital at 374th position and Havells at 396th position. India stands out with 81 companies in the list which highlights firms achieving significant revenue growth between 2020 and 2023. Lendbox Growth Founded in 2015 Lendbox is just 10 years old but has rapidly climbed the ranks. By 2023 the company’s revenue reached $51 million recording a huge 536% annual growth rate. Lendbox received Reserve Bank of India (RBI) approval in 2019. IT and Software Firms In List The list is dominated by IT and software companies which constitute 27% of the total entries. Financial services firms like Lendbox account for 10% followed by advertising and marketing companies at 5%. No China In List However no Chinese companies are included in the rankings due to verification challenges with their data. Singapore has the highest number of companies in the list with 108 entries. Whereas Japan and South Korea tie for second place each contributing 91 companies. Cities like Seoul (75) and Tokyo (71) have also done strong performance. Criteria For List To qualify for the list companies had to meet the following criteria: Minimum revenue of $100000 in 2020 and $1 million in 2023. The company must be independent and not a subsidiary of another firm. The majority of the growth between 2020 and 2023 must be organic meaning revenue should come from business performance and not from acquisitions or external factors.