Simplibuy’s Wicfy.com selected as Finalist for the 2013 Red Herring Top 100 Asia Award

SAN FRANCISCO - Aug. 15, 2013 - PRLog -- Pune - 14 Aug – Simplibuy Technologies  announced today that its http://www.wicfy.com application has been chosen as a finalist (http://www.redherring.com/events/red-herring-asia/finalists2013/) for Red Herring's Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asian business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees were evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the “buzz” and make the list a valuable tool for discovering and advocating for the best business opportunities in the industry.

"Entrepreneurship in Asia has reached an inflexion point, and as a result Red Herring Asia 2013, has shifted into a new phase," said Alex Vieux, publisher and CEO of Red Herring. " A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. Wicfy.com (http://www.wicfy.com) shows great promise and therefore deserves to be among the finalists (http://www.redherring.com/events/red-herring-asia/finalis...). We know that the 2013 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new world rising.”

"Red Herring Asia 100 selection is one more encouragement to our mission towards bringing highest degree of transparency and discoverability in retail shopping " said Rajeshwari Joshi, the Chief Technology Officer of Simplibuy. " We will continue our march towards making Wicfy a very useful, easy and engaging application which can be used by any person across the world. Creation of an original platform requires a lot of thought, innovation and I hope the story of Wicfy will inspire new set of Entrepreneurs in India and Asia to think original and build global products "

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 (http://www.redherring.com/top-100/) 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.

 

About Simplibuy : Simplibuy™ Technologies incorporated in 2010 at Pune is a privately held technology company involved in creation of a hyperlocal shopping discovery information system. Simplibuy is ranked amongst National Top 50 emerging companies by NASSCOM in 2013. Angel funded by Ecosystem Ventures (California), Everest Wealth Management (Switzerland) and other angels from Singapore and India. It's a great showcase of collaboration amongst investors globally