ReNew IT short-listed for the finals of 2015 Red Herring Top 100 Asia Award

Bangalore – 7-Sep-15 – ReNew IT made an announcement today regarding it being short-listed for Red Herring Top 100 Asia Award which is a prestigious list that honours the Asia’s most promising private tech ventures of the year. The short-listed companies will have to put forward their winning strategies at a three – day event ‘Red Herring Asia Forum’ that will be held in Manila concluding from Sept. 14 to 16, 2015. This will be the final stage of the competition and the winners i.e., the Top 100 will be announced based up on the final score on the evening of Sept. 16 in a special award ceremony. The most innovative companies were selected from a pool of numerous companies from all over Asia by the editorial team of Red Herring. Quantitative and qualitative criteria – including technological innovation, financial performance, integration with industries and execution of strategy – were chosen to evaluate the nominees.

Red Herring also reviewed the company track records as well as standings to further complement this unique potential assessment. This allows Red Herring to use this list as a tool for discovering industry’s best business opportunities.

Alex Vieux, CEO and publisher of Red Herring said, “Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2015 has shifted into a new phase.”
He further added, “A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. ReNew IT shows great promise and therefore deserves to be among the short-listed companies. Now we’re faced with the difficult task of selecting the top 100 winners of Red Herring Asia. We know that the 2015 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new wave of revolutionary technology.”