Happiest Minds Technologies Selected as a Finalist for the 2012 Red Herring Top 100 Asia Award

BANGALORE, India--(BUSINESS WIRE)--Happiest Minds Technologies announced today it has been selected as a Finalist 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 are evaluated on both quantitative and qualitative criteria. The finalists for the 2012 edition were selected based upon their technology innovation, quality of management, market size, customer acquisition, execution of strategy, and integration into their respective industries.

This unique assessment 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 a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

Vikram Gulati, CEO & MD, Happiest Minds, said, “We are honored to be selected as a Red Herring Asia 100 Finalist. It is a validation of the market potential and business strategy of our offerings. The shifting technology landscape is proving beneficial to us given our focus on emerging technologies such as cloud computing, social media, mobility, analytics and security. We are seeing significant customer traction in our focused geographies and verticals.”

During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Happiest Minds shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact."

The Top 100 winners will be announced at a special awards ceremony the evening of September 12 at the event.

About Happiest Minds Technologies Pvt. Ltd.

Happiest Minds was launched in August, 2011 by Ashok Soota and a team of industry experts, with the mission to create Happiest People and Happiest Customers. Happiest Minds is a next gen IT solutions & services company, enabling organizations to capture the business benefits of emerging technologies of cloud computing, social media, mobility solutions, business intelligence, analytics and unified communications. Happiest Minds offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Software Product Engineering, Infrastructure Management, Security, Testing and Consulting. Happiest Minds focus industries include Retail, CPG, Technology, Banking and Financial Services, Travel & Transportation, Manufacturing and Media & Entertainment. Solution focus areas are Multi-channel commerce, Demand driven supply chain and Social Media Analytics.

Headquartered in Bangalore, India, Happiest Minds has operations in the US and UK. It secured a $45 million Series A funding led by Canaan Partners, Intel Capital, Ashok Soota and supported by its founders.

For more information visit www.happiestminds.com.