MUMBAI and HONG KONG, September 21, 2015 /PRNewswire/ --
Red Herring announced its Top 100 award in recognition of the leading private companies from Asia, celebrating these start-ups' innovations and technologies across their respective industries.
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Red Herring's Top 100 Asia 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 Google, Facebook, Kakao, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube 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 Asia to the Top 100 Winners. We believe My Mobile Payments Ltd (MMPL) embodies the vision, drive and innovation that define a successful entrepreneurial venture. MMPL should be proud of its accomplishment, as the competition was as strong as ever."
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 record and standing of start-ups 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 in Asia.
Red Herring is a global media company, which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider's view and access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs.
"Being shortlisted for this award itself was recognition of the diligence and hard work put in by the entire team at our company," says Shashank Joshi, Managing Director, MMPL. "Being part of the Asian Top 100 Winners makes it special for us. This award is dedicated to the committed MMPL team."
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. MoneyOnMobile earlier announced the launch of its domestic Mobile Money Order service for customers in January 2015. MoneyOnMobile is currently authorized by the Reserve Bank of India (RBI) to set up semi-closed payment system in India which enables registered users to buy good products and services from registered merchants. MMPL launched its PayJaldi solution for SME businesses to support invoicing and collect payments from their customers while providing services or selling goods. With MoneyOnMobile, Stop at Nothing Pay for Anything.
For any more queries, please contact:
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Veriitte Consulting
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