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Pawaa Software makes to 2010 Red Herring Asia Award finals
By siliconindia
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Thursday, 18 November 2010, 18:47 IST |
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Bangalore: Pawaa Software, a software product company has announced its nomination as a finalist for Red Herring's top 100 Asia awards. Red Herring awards the year's most promising private technology ventures from the Asia business region.
Founded by Prakash Baskaran in 2007, Pawaa Software is an India based technology startup with its operations based in Bangalore. Baskaran said on making it to the top 100, "We are extremely proud to be featured in the list of finalists for the 2010 Red Herring's top 100 Asia awards. Being a start-up, this nomination comes as a great confidence booster and validates the potential of our products and the innovativeness of our technology. This also gives a chance for Pawaa Software to be visible on the global space as our security solutions can have a global presence."
The companies were selected from various verticals like mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries from across Asia by the editorial team of Red Herring. The evaluation of the nominees were done on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
Alex Vieux, Publisher and CEO, Red Herring said, "Pawaa Software shows great promise therefore deserves to be among the finalists. Now we're faced with the difficult task of selecting the Winners of the Top 100 Asia Award."
The final 15 will be selected on the basis of their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. The Finale is scheduled to be held at the Red Herring Asia forum in Shanghai, November 15-16, 2010.