My Mobile Payments Ltd Selected as a 2015 Red Herring Top 100 Global

Nov 30, 2015, 09:00 ET from My Mobile Payments Limited

BEVERLY HILLS, California, November 30, 2015 /PRNewswire/ --

Red Herring announced its Top 100 Global in recognition of the leading private companies from North America, Europe, and Asia this week, celebrating these startups' innovations and technologies across their respective industries.

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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 My Mobile Payments Ltd embodies the vision, drive and innovation that define a successful entrepreneurial venture. My Mobile Payments Ltd should be proud of its accomplishment."

"Being selected for this award which was earlier given to some of the world's best brands is recognition of the diligence and hardwork put in by the entire team at our company," says Shashank Joshi, Managing Director, My Mobile Payments Ltd.  

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.

About My Mobile Payments Ltd and MoneyOnMobile 

My Mobile Payments Limited (MMPL) is one of India's leading mobile payment solutions company, operating through its 'MoneyOnMobile' brand, a service aimed at bringing quick, simple and efficient mobile payment solutions to everyone. MoneyOnMobile enables purchase of goods, making easy payment top-ups, payment of utility bills, DTH recharges and more, just with the click of a button. MoneyOnMobile is the first in India to have an application with multi-lingual capability for a service in this category. With MoneyOnMobile, Stop at Nothing Pay for Anything.

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SOURCE My Mobile Payments Limited