Nirbhaya:Be Fearless ©
SANTA MONICA, California, USA —November 24, 2013—Red Herring announced its Top 100 Global in recognition of the leading private companies from North America, Europe, and Asia today, celebrating these startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“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 the globe to the Top 100 Winners. We believe SmartCloud embodies the vision, drive and innovation that define a successful entrepreneurial venture. SmartCloud should be proud of its accomplishment, as the competition was the strongest it has ever been.” Congratulating Co-Founders, Gajanan Sakhare and Ajit Patil – Alex added that “SmartCloud with their award winning and innovative mobile app, “Nirbhaya: Be Fearless©” is serving a greater cause”. SmartCloud is working on launching a comprehensive technology solution for women safety with focus on India and other developing countries.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, 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 from around the world.