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CHETU ANNOUNCES 22% GROWTH IN REVENUE IN 2018 COMPLEMENTED BY RAPID INTERNAL GROWTH

Seasoned Developers, Start-Up like Growth, Chetu Boards Software Dev Fast Track

Plantation, Fla (March 11, 2019) – Chetu Inc., a custom software development partner and cross-industry trailblazer, announced today that they closed the 2018 calendar year with an overwhelming 22% growth in revenue, an unprecedented achievement for a seasoned company. Chetu’s growth this past year has a start-up-like quality. Despite continuous, internal growth and breaking ground on their new headquarters, Chetu earned over $47.6 million in revenue in 2018, a significant shift from the $29 million they reported in 2014.

Since its inception, Chetu has inspired technological revolution on the world stage by building a diverse portfolio of Fortune 500 clientele. Their portfolio grows on a day-to-day basis as Chetu’s client network continues to breach all-time highs.

Chetu’s model combines total scalability, rapid developer on-boarding, and market-specific expertise to accelerate client ROI and compress timelines without sacrificing quality of code. By engaging with Chetu, clients gain access to a seasoned resource pool of over 1500 technical architects. Chetu aligns resources with the unique context of each project, hand-selecting each developer to carefully assemble a robust team ready to execute the parameters given.

This software powerhouse is a one-stop-shop for development needs, assimilating to the technical nuances of over 30+industries and servicing a wide range of cutting-edge horizontal technologies including Blockchain, next-generation automation, and cloud computing, while continuing to collaborate on more traditional system integration, application development, and implementation projects. Software proprietors and business owners depend on Chetu to liberate them from bandwidth constraints and to bridge the skills deficits debilitating progress.

Chetu defies industry norms by attributing over half of their business to referral and repeat clients, a number testament to Chetu’s transparency and customer-first business model.

The Software Dev Fast-Track

Not only has Chetu grown financially, but also internally, recruiting globally to put themselves on the software dev fast-track. In just one year, Chetu on-boarded over 800 talented resources globally. Their new members come from all over the world, enabling Chetu to tear down communication barriers and engage with clients in their native language.

Operations, Marketing, and Sales have all undergone an evolution, coming together to form a team of 1500+, carrying Chetu’s built to last, mantra as a catalyst for continued success. Breaching new markets through multilingual branding collateral and localized campaigns has sparked international attention from areas across Europe, Africa, and Latin America, forming a more globalized network.

There are many exciting things in the pipeline for Chetu, including the construction of a brand new, state-of-the-art headquarters in Plantation, FL, coined the University Professional Center. This building is the first corporate construction in Plantation in over 10 years, opening the door for an economical uptrend within the community and serving as a hub for innovation and business excellence for decades to come. Chetu plans to make the move to the new building in early June 2019.

“Our team is growing rapidly, with rapid growth comes shifting internal infrastructure, ” said Atal Bansal, CEO of Chetu. “For us, growth has taken on many different identities – humanitarian, internal, and of course in the conventional revenue sense. The key to our success is remaining dynamic in the face of change. The new headquarters will serve as a platform for positivity and discovery, nurturing the fantastic team we have assembled here at Chetu and leading us into another year of unparalleled growth.”

About Chetu Inc.

Founded in 2000, Chetu, Inc. is a global provider of customized software development solutions combining technological expertise, specific domain experience and passion for excellence to deliver enterprise-grade solutions to start-ups, SMBs, and Fortune 5000 companies. Chetu is a true and seamless backend technology partner, helping businesses accelerate the development of desktop, mobile & web-based apps with on-demand developers. Headquartered in Plantation, Florida, Chetu has fourteen locations throughout the U.S. and abroad. For more information visit: www.chetu.com

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