mCarbon Tech Innovation a leading mobile technology solutions innovator was announced a winner of the Red Herring’s Top 100 Asia Award, a prestigious forum felicitating Asia’s most promising private technology ventures.
The Red Herring editorial team and jury evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, and overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.
Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe mCarbon embodies the vision, drive and innovation that defines a successful entrepreneurial venture. MCarbon should be proud of its accomplishment, as the competition was the strongest it has ever been.
The Red herring 2013 Top 100 Asia Award is a great honor and acknowledgement of the hard work our team has put in and the results that shows in our growing clients and partners for the past few years,” said, Razesh Razdan, Co-Founder & Director “I feel this additional recognition bears testimony to the fact that mCarbon is truly at its defining moment
Red Herring has recognized the most prominent start-ups and “scale ups” since 1996. Winners are selected from over one thousand candidates in each region. Each company is individually evaluated against 20 different criteria including technological innovation, management strength, market size, investor record, customer acquisition and financial health. The winners are literally a who’s who list of the best performing tech companies of the year. For further information on Red Herring Awards, visit: http://www.redherring.com/top-100/.