NetworkPlay Media Pvt Ltd announced today that 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.
"This year was very rewarding," said Alex Vieux, publisher and Chairman 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. NetworkPlay 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 2011 crop will grow into some amazing companies that are sure to make an impact."
Speaking on this proud occasion, Rammohan Sundaram, CEO of NetworkPlay says “I am delighted to be in the Top 100 list of Asia for Red Herring. NetworkPlay has always been committed in providing the best possible 360 Degree solution to all its clients under one roof and our innovative delivery mechanism has given us recognition in the past but this award is really big for a three year old start-up"
Finalists for the 2011 edition of the Red Herring 100 Asia award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to 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.
NetworkPlay is the country’s largest ad-network & has a set of premium services to offer through its exclusive publishers. NetworkPlay also runs ad:tech New Delhi & iMedia Summits in India which play a key role in fueling the growth story of the Internet industry in India.
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