Newspolitan Selected as a 2010 Red Herring Asia Top 100 Tech Startup

Top Quote Newspolitan.com, a product of Raising Media India Private Limited, an online social media company based in Hyderabad, India has been selected as a 2010 Red Herring Asia Top 100 Tech Startup. The award is a prestigious honor given to the year's most promising private technology ventures in Asia. End Quote
  • (1888PressRelease) November 18, 2010 - Red Herring announced its Top 100 Asia Award in recognition of the leading private companies from Asia, celebrating these startups' innovations and technologies across their respective industries.

    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 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 Asia to the Top 100 Winners. We believe Newspolitan embodies the vision, drive and innovation that define a successful entrepreneurial venture. Newspolitan should be proud of its accomplishment, as the competition was very strong."

    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 startups relative to their sector 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.

    About Newspolitan.com

    Newspolitan.com is developed by Raising Media India Private Limited, an online social media company based in Hyderabad, India. The website enables people across the world to follow the news in real time. Built on the company's proprietary state-of-the-art search technology, the website provides instant access to the global, national and local news. Its advanced searching system enables users to know about the happenings even in a remote place, say their home town or village.

    Above all, the company has plans to enter into the citizen journalism space in near future, whereby the citizens having passion towards journalism or looking to act for a social cause can raise their voice through newspolitan.com.

    About Red Herring

    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: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com

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