Newspolitan Selected as a Finalist for Red Herring's Top 100 Asia Award

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 Finalist for Red Herring's top 100 Asia award. The award is a prestigious honor given to the year's most promising private technology ventures in Asia. End Quote
  • (1888PressRelease) October 30, 2010 - Raising Media India Private Limited, an online social media company based in Hyderabad, India announced today that its product, Newspolitan.com has been selected as a Finalist for Red Herring's top 100 Asia award. The award is a prestigious honor given to the year's most promising private technology ventures in Asia.

    Red Herring followed a rigorous evaluation process to select the most innovative companies from several hundred in Asia. The company's editorial team evaluated nominees on various quantitative and qualitative criteria which included financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

    This unique evaluation of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

    "This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Newspolitan.com 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."

    Finalists for the award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.

    The Finalists are invited to present their winning strategies at the Red Herring Asia forum in Shanghai, November 15-16, 2010. The Top 100 winners will be announced at a special awards ceremony on November 16 at the event.

    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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