- Finalist for the 2012 Red Herring Top 100 Asia Award

Last Updated: Tue, Nov 20, 2012 18:10 hrs

Gurgaon, Haryana, announced today it has been selected as a Finalist for Red Herring's Top 100 Asia award, a prestigious list honoring the year's most promising private technology ventures from the Asian business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria such as financial performance, technology, innovation, quality of management, execution of strategy and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

Ajay Chauhan, CEO ,, said, "We are honoured to be selected as a Red Herring Asia top 100 Finalist. This nomination is a validation of the fact that we are the direct and the most important link for success of any company in this competitive scenario.We have been the pioneers to provide data-as-a-service (DAAS) in the Indian business information market. One of our biggest achievements is the rapid pace with which we have introduced innovative products and features. An excellent team ensures sure shot success in the future with increased market potential and more innovative offerings "

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. shows great promise therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact."

Finalist for the 2012 edition of the Red Herring 100 Asia Award are selected based upon their technological, innovation, management strength, market size, investor records, customer acusition and financial health. During the several months leading upto the announcement, hundreds of companies in the telecommunications, security, web 2.0 , software, hardware, biotech, mobile, and other industries completed their submissions to qualify for the award.


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