India Shining: 104 Indian Companies Nominated For the Red Herring 100Asia Awards |

I saw my RSS Feeds (I use Google Reader) and came to know about Red Herring, and that they have a Red Herring 100 List for North America, Europe and Asia respectively. After some scrutiny of their website, I found out an interesting point which the other blogs and media publications seem to have missed while talking about the Asia list:

104 Indian companies were nominated for the Red Herring 100 Asia list: India Startup Scene is Shining

It’s good to see that entrepreneurs here are taking the initiative to dare. We need more such people, after all these startups 5 years down the line will be full-fledged companies giving back a lot to the Indian economy. Out of a total of 227 companies who are going to vie to be in the final 100 at the award ceremony in Hong Kong from 17-19 October, 104 Indian companies will participate – a staggering 46 percent of the total. What happened to China? Perhaps, many startups there did not nominate theselves. Still, India being right on the top shows that we have a glorious future ahead.

Although I would have loved to write about each Indian company nominated, the list is a little too long (makes me happy though) and this does not seem to be the right place to go telling about each one. You can check the list of companies nominated here.

For our readers, we will try covering one Red Herring nominated startup each day as our Red Herring featured post.

Enough. What is the Red Herring 100 Asia Award?

In case you don’t know, Red Herring is a media company which hosts technology-centric events and publshes a magazine on technology. The Red Herring editorial team has been hosting Red Herring 100 Awards for three different regions – Asia, Europe, North America as well as has a global version of it, for some years now. The award is given to the top 100 companies in their respective regions. The companies are evaluated on the basis of:

• Their financial performance
• Innovative use of technology
• Quality of management
• Execution of strategy
• Disruption into their respective industries

Frankly speaking, there are more than just 104 startups in India who are doing some kind of innovative work or the other – using technology or not, to better the society. Still, the Red Herring recognition is something big. We at Hungry N Foolish will try covering startups (even the ones in colleges of India) so that it could inspire others to start and give back something to the eco-system. We need to provide students with more exposure towards entrepreneurship from an early stage, and that’s what we have set out to do.

If you’re a startup and would like us to review you, get in touch. Even if you just have an idea or a piece of advice for youngsters reading this blog, don’t shy away from sharing it with the world.

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