Kochi: RapidValue Solutions, the Kochi based provider of end-to-end mobility solutions, has announced it been selected as a finalist for 2013 Red Herring’s Top 100 North America award, a prestigious list honouring the year’s most promising private technology ventures from the North American business region.
Red Herring has been selecting the most exciting and promising start-ups and scale ups since 1995. Finalists are still evaluated individually from a large pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others: the candidate company’s addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management’s expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence. The list of finalists often includes the best performing and prominent companies of that year.
“The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups’ solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States’ entrepreneurial excellence,” said Alex Vieux, Publisher & CEO of Red Herring.
Finalists selections for the Red Herring 100 North America award are based upon 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 fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
Finalists will present their winning strategies at the Red Herring North America Forum in California during May 21-23, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of May 23.
“We are excited that we have been shortlisted as the finalist and we are pleased to get this opportunity to speak at this prestigious event. We will present on our company’s winning strategy at the event on May 22”, said Rajesh Padinjaremadam, CEO of RapidValue Solutions in a statement.
RapidValue has its Kochi office in L&T TechPark inside the Infopark campus and a team of 175+ experts in mobility consulting and application development across India and US.
Kerala IT News
Note from the Editor / Disclaimer: This news is based on a press release from the Company. Kerala IT News does not endorse such contests / awards. Companies, especially, Start-ups should use their discretion when participating in such contests / awards.