Panchkula, India (PressExposure) November 20, 2009 -- Ayushveda Informatics (India) Pvt. Ltd, a Chandigarh based IT Company has achieved a milestone at the prestigious Red Herring Asia 2009 awards. The company has won the coveted Red Herring Asia 2009 Top 100 awards, recognizing ayushveda.com among the 100 most innovative private technology companies based in Asia.
Over hundreds of privately held technology companies throughout China, India, Japan, Singapore, Hong Kong, Korea, Australia and Vietnam had submitted their applications for the prestigious award this year. Through a stringent application review process, Red Herring's editorial team announced the selection of the ayushveda.com as the winner.
Commenting on this occasion Mr. Sahil Mehta, Co-founder Ayushveda Informatics said, "We are elated to win the award at the Red Herring Asia 2009. With the rise of Asian players in the global economy, Red Herring believes that Asian companies will take the spotlight of world business in the next decade. It is an honor for me that ayushveda.com has reached this milestone and we are proud to be associated with the best in Asia."
The nominees for the Awards were evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management and execution of strategy.
Established in 2005 by Mr Ramesh Mehta and Mr. Sahil Mehta, Ayushveda Informatics (India) Pvt. Ltd. is a leading IT company offering a comprehensive suite of superior web solutions and services to a diverse range of businesses/industries. The company owns more than 30 knowledge based web portals in various verticals.
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.