Chance meetings can change the direction of a life. In 1996 Chander Vasdev met Manny Millor and Derek McConnell while waiting at an airport. Vasdev convinced the pair to invest in his plan to launch a business using skilled labour in India to develop software for British companies. By linking up with an IT development firm in New Delhi, ION IT has grown sales 91% a year, from £1.5m in 1998 to £5.4m in 2000.

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Company details
Year2001
Rank46
CompanyION IT
ActivitySoftware developer
LocationHigh Wycombe
Average 3 year sales growth91.21%
Latest sales £000s5,375
Staff80
Founded1996
Websitewww.ionit.com

If applicable:

* supplied by company † annualised figure