Indian startups make it big on Red Herring 100 Asia 2007

August 10, 2007
By tamal

Red Herring 100 Asia 2007The Red Herring 100 Asia award ceremony is on Aug 29-31, 2007 in Hong Kong. For the last decade, these lists have discovered & short-listed the most promising start-ups in the technology industry, and are highly regarded by investors, executives and observers alike.

The Top 100 award winners will be announced at the ceremony, but the 200 short-listed companies have been announced here.

I’ve identified 28 Indian companies (nearly 15%) that have made it to the finalists. Considering the list identifies companies that will lead the next wave of disruption and innovation, some names are obvious – like iXiGO, Paymate & Onyomo; while the majority of the names lead me to doubt the shortlisting process itself – like GlobalLogic, WEP Peripherals, kerela.com.

Following is a list of the Indian companies that have made it to the 200 finalists.

Congrats all, and wish you luck for bagging the award :)

Read our interview with OnYoMo’s Shailesh Mehta.

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18 Responses to “ Indian startups make it big on Red Herring 100 Asia 2007 ”

  1. Amit on August 10, 2007 at 10:14 am

    Great to see names of some of the companies run by my friends. Esp happy about Proteans and iXiGo.

    Good Luck Guys for the Finals !!

    Amit

    Reply
  2. Steve on August 11, 2007 at 9:48 am

    not too sure about the relevance of RedHerring data!
    Many companies aren’t worth in this list.

    Anyways, good to see Indian startups going bigger..

    Reply
  3. Raseel on August 12, 2007 at 8:58 am

    I’m surprised Burrp.com is not listed.

    Reply
  4. Tarun on August 12, 2007 at 4:19 pm

    Yeah..I agree with Raseel and would actually question this list. Somehow I find this list a made up-in-hurry sort of list – not much effort has been made to get a good set of companies who deserve to be mentioned.

    Reply
  5. Tamal on August 13, 2007 at 7:51 am

    @Amit – Yeps, Good to see some of our buddies making it to the list :) . BTW Proteans merged with CAMO ASA, a Norwegian IT major.

    @Steve, @Tarun – Yes, my first impression is along the same lines. The list is definitely not done. What about Zoho? If there’s one Indian company that should have made it to the list, it should have been Zoho.

    @Raseel – I miss Burrp too :(

    Reply
  6. alec on August 13, 2007 at 2:35 pm

    i’ve heard these guys work under a 5-point criteria set – the companies that got listed must have scored high on one or the other relevant criteria..would be interesting to know these criteria..

    Reply
  7. saurabh dubey on August 13, 2007 at 3:15 pm

    I am really very happy to see the name of a company, which some of my friends are running.
    Great going guys…
    Wish you best of luck for the awards & the future…

    Reply
  8. mahendra on August 14, 2007 at 3:36 am

    i am surprised & happy to see carwale.com in the list.
    wish you gud luck.

    Reply
  9. Sagar on August 15, 2007 at 3:20 pm

    Hey nice to see realacres.com on the list. Congratulations Smita and Team, you’ve made it.
    All the best to you folks :)

    Reply
  10. Ashwin on August 29, 2007 at 2:38 pm

    I got the news that MeritTrac won the award… Congrats to them!

    Reply
  11. Anand Paidaal on August 30, 2007 at 4:11 am

    I am very happy and great to see MeritTrac in the Red Herring Award winners List..

    Congratulations to MeritTrac and MeritTrac’ers. Wish you All the best!!!

    Great Growing..

    Cheers
    Anand Paidaal

    Reply
  12. Arindam Moulick on August 30, 2007 at 7:28 am

    Wow! Now that’s like an Indian company! I am so excited that MeritTrac Services Pvt. Ltd. has been duly awarded the Red Herring Asia 100. As always, I am a proud representative of MeritTrac.

    Congratulations to MeritTrac!!!

    Great going indeed!

    Warm regards,
    Arindam M.

    Reply
  13. Samanth on August 30, 2007 at 11:59 am

    Congrats to OnYoMo, MeritTrac and others. This surely is a great news for all of Indian startups!!

    Great going!

    Reply
  14. Toshima on August 30, 2007 at 4:20 pm

    CarWale.com and gameshashtra made it to the top 100 as well (I believe there are 13 comapnies finally, in the 100 list). CarWale in fact have some unique offering and it would be interesting to see how they scale now.

    Reply
  15. Alok Bhatnagar on September 1, 2007 at 10:55 am

    Its a great achievement for carwale.Com. Abruptly there is lots of buzz about carwale.Com right after Santosh Ghosh joins the company as Vice President. I know Santosh personally and I’m sure with Santosh on their emplotee list the company will do wonders in time to come. Congrats and good luck to the entire team of carwale.com

    Reply
  16. Ashima on September 21, 2007 at 7:45 am

    carwale.com is going places. Santosh is driving the ship in the right direction and in such a short span of time they have really made it big. Congrats to carwale.com

    Reply
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