Suvidhaa Infoserve receives ‘Red Herring 100 Asia Award’

Suvidhaa Infoserve, a Mumbai based company, has won the coveted ‘2009 Red Herring 100 Asia Award’ at Red Herring’s Asia 2009 Conference and Awards function held at, Shanghai, China. Suvidha Infoserve is the pioneer of the services commerce revolution in India. The award recognises Suvidhaa amongst the 100 most innovative private technology companies in the Asia Pacific region.

Paresh Rajde, Founder Managing Director and CEO, Suvidhaa Infoserve said, “We are delighted and encouraged by the Red Herring 100 Asia Award! This award will certainly inspire us to continue striving for operational and service excellence, innovation and improvement for the customers, retail partners and service providers.” Rajde further added, “This award further validates Suvidhaa’s vision to build a robust technology platform across both computers and mobile phones, that will offer India’s consumers, the ability to buy, pay and utilise almost any service from within their own neighbourhood. Suvidhaa has now built up a significant distribution network of more than 15,000 franchise outlets in a short span of less than 2 years and is present in more than 400 cities covering over 20 states across India.”

Red Herring is world’s leading media organization whose mission is to cover innovative technology, finance and entrepreneurial activities across the globe. The Red Herring editorial team used an intensely competitive process to select the most innovative companies from a pool of more than 1,000 companies to honour 100 cutting-edge private technology companies from China, India, Japan, Singapore, Korea, Australia and Vietnam. The nominees for the awards are evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy and integration into their ecosystem