Rashi Peripherals Limited was incorporated as ‘Rashi Peripherals Private Limited’ as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 15, 1989, issued by the Registrar of Companies, Mumbai at Maharashtra. The Company became a deemed public limited company under Section 43A of the Companies Act, 1956 and the word ‘private’ was deleted with effect from July 1, 1997, pursuant to that the Company once again became a private limited company with effect from October 29, 2001. Subsequently, the Company changed its name and was converted into a public limited company pursuant to a special resolution passed in the annual general meeting of its Shareholders held on July 29, 2022, and consequently, a fresh certificate of incorporation dated August 4, 2022 was issued by the RoC to the Company under its present name, Rashi Peripherals Limited.

The company is among the leading national distribution partners for global technology brands in India for information and communications technology (ICT) products in terms of revenues and distribution network in Fiscal 2023. The company was incorporated in 1989 and has more than 34 years of experience in distribution of ICT products in India. The company commenced operations with manufacturing of peripherals. With the liberalization of the Indian IT sector in 1991, it transitioned to distribution of ICT products of global technology brands in India. It has been instrumental in facilitating the entry of a number of global technology brands and was among the select players that led the formalization of the fragmented and unorganized ICT products distribution in India. 

The company primarily operates into two business verticals; i) Personal Computing, Enterprise and Cloud Solutions (PES): Under this vertical the company distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing; and ii) Lifestyle and IT essentials (LIT): This includes the distribution of products such as (a) components that include graphic cards, central processing units (CPUs) and motherboards; (b) storage and memory devices; (c) lifestyle peripherals and accessories that include keyboard, mice, web cameras, monitors, wearables, casting devices, fitness trackers and gaming accessories; (d) power equipment such as UPS and invertors; and (e) networking and mobility devices.

Business area of the company

The company is primarily engaged in distribution of computer and peripheral devices. 

History and milestones

• 2000: The Company established 9 branches.
• 2002: The Company sold more than 1,000,000 units.
• 2004: The Company established 30 branches.
• 2007: The Company employed more than 500 resources in its workforce across India.
• 2009: The Company generated an average revenue of Rs 0.99 million per customer.
• 2011: The Company generated a revenue of more than Rs 10,000 million in a financial year.
• 2011: The Company sold more than 10 million units.
• 2016: The Company generated a revenue of more than Rs 30,000 million in a financial year.
• 2017: The Company generated an average revenue of Rs 5.15 million per customer.
• 2020: The Company employed more than 1000 resources in its workforce across India.
• 2022: The Company generated a revenue of more than $1 billion in a financial year.
• 2022: The Company sold more than 25 million units.
• 2022: The Company generated an average revenue of Rs 9.74 million per customer.

Awards, accreditations and recognition

• 2018: Authorised Distributor award by Intel Corporation.
• 2018: Leadership award by Asus.
• 2018: National award in Marketing Excellence by Times Network.
• 2019: Best Value Added Distributor award by VAR.
• 2019: Highest Achievement in Business Growth YoY for Devices award by Western Digital.
• 2020 Excellence award under Enterprise Applications Category by CRN India and Express Computer, Indian Express Group.
• 2020: Value Added Distributor award by VAR India.
• 2021: Best Distributor award by Economic Times Channel Partners.
• 2021: Best ICT Distributor award by Digital Terminal.
• 2021: Best VAD award by VAR India.
• 2022: Partner of the Year for Asia Pacific & Japan award by Intel.
• 2023: Best Distributor Award for Highest Growth in EPYC CPU biz. in FY’22 by AMD.
• 2023: Best ICT National Distributor in India at the Digital Terminal Partners Excellence Awards, 2023.
• 2023: Best ICT National Distributor in India award by Digital Terminal.
• 2023: Best VAD 2023 by VAR India.
• 2023: Digital Terminal Partner Excellence Awards 2023: Best ICT National Distributor in India.
• 2023: Distributional Excellence Award 2022 in UPS Sales (Growth), All India at Eaton Indian Channel Partner Meet, 2023.
• 2023: Excellence Award FY 22-23 by AMD.
• 2023: Intel Partner Award 2023 - Hall of Fame CxO - Rajesh Goenka in his capacity as its Chief Executive Officer, by Intel.
• 2023: Intel Partner Award 2023-Outstanding Growth Distributor Data Center and AI Group Award by Intel.
• 2023: Most Preferred National Distributor at the15th Digital Terminal Awards, 2023.
• 2023: Power Performer 2023 Award by APC.
• 2023: Samsung Know MSP Solutions Champion September 2023 by Global Mobile B2B Team, MX Samsung Electronics.
• 2023: The Most Harmonized National Distributor at Insig by LG.
• 2023: The Most Reputed ICT Indian Distributor of 2022 Award by NCN Innovative Product Awards.