Openlabs was announced as the finalist for Red Herring’s Top 100 Asia award, which honours the most promising private technology firms from Asia’s business realm. After being conferred as one of the Top 50 emerging IT companies in India by NASSCOM, Openlabs is ecstatic to be featured at the global platform offered by Red Herring. The inception of Openlabs was to provide an equal shot at success to the SME’s, which contribute a major proportion to the world’s revenue generation.
Red Herring selects the top 100 companies from a list of up-to 1400 ventures every year. Owing to the rigorous selection process of the award, Openlabs takes great pride to be nominated for Red Herring’s Top 100 Asia award top 100 among the most innovative companies which are native to China, India, Australia, New Zealand, South Korea, Japan, Singapore, Taiwan, Malaysia, Vietnam and many more countries in Asia.
Voicing his thoughts, publisher and CEO of Red Herring, Alex Vieux said, “Entrepreneurship in Asia has reached an inflexion point, and as a result Red Herring Asia 2013, has shifted into a new phase. 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. Openlabs shows great promise and 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 2013 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 world rising.”
Delighted about featuring in the list of finalists for Red Herring’s Top 100 Asia award, COO of Openlabs, Varun Kumar stated, “It's a great honour to be recognised as a finalist in the prestigious list, which includes the most promising technology companies from the Asian business region. Openlabs has taken giant leaps of success with its promising track record of growth in American and European markets over the last three years. This level of recognition from Red Herring will help us in our expansion plans in the Asian region.”
The finalists are invited to present their winning strategies at the Red Herring Asia Forum in Hong Kong, Sept. 3 to 5, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of Sept. 5 at the event.
About Openlabs
Openlabs designs and delivers technology enabled innovative business solutions that address the needs of small and medium enterprises. Openlabs is a team of technology enthusiasts working with customers for developing intriguing technology applications. The previous efforts of Openlabs include nereid, Poweremail, Magento OpenERP integration & Callisto modules for OpenERP, Tryton and Python based applications. Openlabs has satisfied customers across 5 continents and 27 countries.
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. Red Herring's lists of top private companies are an important part of the publication's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.