Bangalore / San Francisco – 11th September 2015
World leading product development & design firm GoodWorkLabs announced today it has been short-listed for Red Herring’s Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures in Asia. The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across the continent. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the “buzz” and make the list a valuable tool for discovering and advocating for the best business opportunities in the industry.
“This news is a testimony of our continued success and rapid growth in the global tech industry. Our firm is positioned to take up the most challenging and high-end product development endeavours for global firms, be it Fortune 500 companies or cutting-edge startups. We have been successful in delivering immense value to our clients by helping them in innovation that was never possible in outsourcing before. We are in short the leaders in ‘innovation outsourcing,” said Vishwas Mudagal, the CEO and Co-founder of GoodWorkLabs.
“Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2015 has shifted into a new phase,” said Alex Vieux, publisher and CEO of Red Herring. “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. GoodWorkLabs shows great promise and therefore deserves to be among the short-listed companies. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2015 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 wave of revolutionary technology.”