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NASSCOM announces EMERGE 50 winners

Monday July 19, 2010 , 3 min Read

NassCom

NASSCOM announced its 2010 honors list -- EMERGE 50 – fifty promising technology companies across five segments. Avinash Raghava, Regional Director -- North, NASSCOM, says "In addition to last year’s categories of Growth, Markets (non-traditional / domestic), Products, and Services, this year, the categories have been expanded to include the Start-Ups. And in another first, all the 50 companies will be profiled in a booklet to be released by NASSCOM at the EMERGEOUT conclave in New Delhi on August 25, 2010." The fifth edition of EMERGEOUT Conclave is slated to be held in New Delhi focusing on Mobile Internet and AppStore.The Process that NASSCOM followed for EMERGE 50

  • Companies were invited to nominate themselves in any of the categories. About 200 plus entries were received this year across 5 categories.
  • Applications were sorted out in different categories (i.e. Growth, Markets, Products, Services, & Start-ups)
  • Companies were evaluated on basic criterions such as revenue growth rates for last 3 years, revenue contribution, average revenue per employee etc. to arrive at the preliminary shortlist of companies in each categoryOnly relevant criteria were put for individual categories.
  • The shortlisted companies were then objectively evaluated (through a mathematical model) on a number of parameters including financials, growth, market differentiator, customers, market visibility, & distribution/ TM.
  • The evaluation on above parameters was used to come up with a net score for individual companies and hence the shortlist of top companies in each category.

The EMERGE 50 listing has quickly built credibility as the definitive listing of companies to watch for. With the focus on segment-wide trends and analysis, the 2010 edition promises to be insightful about technology scenario in India.

Here goes the NASSCOM EMERGE 50 for 2010 (in alphabetical order)

Out of these 50 companies, the top ten will be announced shortly.