NASSCOM EMERGE 50 – The Emerging Companies to Watch Out For

By Team YS|5th Aug 2010
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NASSCOM brings out this honours list every year true to its vision of encouraging the emerging companies in the technology sector in India. Conceived two years ago, the list has been an instant hit with anyone connected with technology in the country. NASSCOM, as a premier ecosystem player, involves the best of the minds in the industry to roll out its conclaves, identify emerging companies, and for many other innovative initiatives that put technology companies in the right place at the right time. The EMERGE Forum of NASSCOM has been steadily involved in theme-based conclaves twice a year to showcase emerging trends and opportunities for technology entrepreneurs.

The fifth edition of the conclave is slated to be held at Delhi on August 25, 2010 on the theme Internet, Mobile, and Apps, the next hot sector for technology companies in India. With the Internet travel company filing for an IPO for $470 million in the New York Stock Exchange, the mood is upbeat. The Internet companies have evolved and have stayed on to fetch rich dividends as the environment for their growth and viability has steadily risen.

The mobile apps space is generating curiosity and interest among analysts and keen followers of technology in the country. D. Shivakumar, MD, Nokia India, feels the apps industry has the potential to become as big as the BPO industry in a decade starting from this year. Is this forecast reasonable or just a fad? We just need to keep watching!

Register now for the conclave for an engaging day as the best of minds in the digital space (Internet, mobile) in the country deliberate on setting what direction you could take to succeed in these sectors.

The EMERGE 50 list is an impressive amalgamation of various sectors in which the companies have been chosen from. The companies in the list have revenues up to Rs. 50 crores a year. The jury members, the Zinnov team, and NASSCOM arrived at the 50 emerging/start-up companies after intense deliberations and had a tough time. The process followed for selecting the companies is as follows:

  • Companies were invited to nominate themselves in any of the categories. We received 200 plus entries 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 category:Only relevant criterion was 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/GTM
  • 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.

Now goes the EMERGE 50 list. YourStory heartfully congratulates the winners and wishes them the very best. As NASSCOM is behind you, YourStory is also behind you!


Aetas Technologies Pvt Ltd ( social photo sharing & printing services company and also focused on enabling navigation between related photographs
Cheese Corporate CareA company focusing on providing usability, UI design, UI development consulting services to its rapidly growing customer base
CMO Axis Outsourcig Services Pvt LtdA fast growing marketing process outsourcing company with specific focus on sales and marketing outsourcing, Go-to-Market and Advisory
CoCubes.comA provider of an SMS enabled online platform for connecting colleges, companies and students and serves as a student engagement & campus hiring platform
Eko India Financial ServicesA financial transaction platform delivering basic banking services through mobile access devices by connecting mobile and banking infrastructures
Expert Voicetap Technologies P. LtdA company providing knowledge engine to connect knowledge seekers with experts over various medium, including textual chat or voice
Green Quotient Systems Pvt LtdFocused on green ICT, the company designs solutions for ICT optimization and is also leveraging SaaS technologies to deliver these solutions to its customers in India & APAC
Gridbots Technologies Pvt. LtdA robotics company that makes robots for Indian conditions for day to day domestic activities apart from Industrial Applications and imparting education on robotics to students of schools and colleges across the country
HashCube Technologies Private LtdA social gaming company focused on creating puzzle based games for social networking platforms such as Facebook and myspace
Highbar TechnologiesAn IT solution provider for the infrastructure industry with focus on enterprise business solutions, line of business IT solutions and process consulting
Indrion Technologies IndiaPrivate LimitedAn infrastructure automation solutions provider with a prime focus on embedding context sensitivity into applications and serves customers including industries, enterprises, commercial and office spaces, public utilities/service companies and end users
Le Travenues TechnologyPrivate Ltd. ( fast growing online and mobile travel search engine allowing users to search across multiple sites and book directly on the transactional site
Smart Guard Systems Pvt. LtdA provider of end to end IP Surveillance systems for establishments & government projects
vidteqA provider of video map technology to enable mapping, location and local search and builds Video Maps, Digital Maps and Search Database for Navigational and Location needs
Zifo Technologies Pvt LimitedAn IT service provider in the eClinical space with prime focus on EDC (Electronic Data Capture), SAS Programming and Validation Service


Online Recharge services Private LimitedA provider of online recharge services for mobile and DTH subsrcibers (a fast growing subsrciber base) with recharges delivered instantaneously through direct connect with the operators
Pathpartner Technology Consulting Pvt LtdA design services company with prime focus on Semiconductor companies, Mobile OEMs, Video Conferencing equipment OEMs and has recently released its Android based mediaphone software stack for ODMs and Telecom operators
EDC Creative Technology Solutions (P) LtdAn emerging services company in the areas of web solutions, rich media, technical documentation, e-learning and Bio-IT solutions and a vast customer base in India
Smart Cube India Private LimitedA growing business and investment research, marketing and analytics company with prime focus on corporate service, financial service and management consulting domains
ASM Technologies LtdA consulting services company in the areas of Packaged ERP implementation, Enterprise Product Development , Engineering Services and in Technology Solutions covering Embedded Systems and System Software across commercial off-the-shelf products like SAP, Oracle Applications, PeopleSoft, JD Edwards and Microsoft Dynamics
GST IT Services Private LimitedA growing IT services company for the retail & brands vertical providing services around SAP Retail, SAP POS (Point of Sale) & SAP AFS
GreyB Consultancy Pvt. LtdA growing company in the patent and intellectual property market and provides services to companies in developing, leveraging and proteting their patent assets and R&D planning


8KMiles webservices Pvt LtdA provider of on demand talent pool and computing infrastructure to enable a distributed development platform that blends talent marketplace with collaboration tools and cloud infrastructure
Estel Technologies Pvt LtdA provider of software solutions & managed services to Telecom Operators, Banks, Utilities & Service Providers. They Offer m-commerce solutions viz. Pre-Paid Recharge, Mobile based Micro Banking, Mobile remittance and Mobile banking
Intellicus TechnologiesA provider of web-based business intelligence and reporting solution with smartphone support and vertical focus on healthcare, supply chain, compliance, financial services, and digital media
MangoSpringA communication & collaboration products company delivering products as business applications or integrated collaboration suites while integrating new social collaborating platforms
Medsynaptic Pvt LtdA provider of teleradiology solutions which allows transfer of images on very low bandwidth for providing remote diagnosis to clients anywhere
Sanovi Technologies IndiaPrivate LimitedA provider of enterprise class disaster recovery management software and has leveraged direct and partner driven sales models to penetrate fortune 500 companies
Srishti Software ApplicationsPrivate LimitedA software product company in the space of web content management and healthcare with focus on total data/ information needs of the customers
TeleDNA Communications Private LtdAn emerging telecom product company providing Mobile VAS infrastructure to Mobile Telecom Service Providers
Webaroo Technologies Pvt LtdA mobile enabled social messaging platform tailored to provide the platform to consumers/ businesses and enables personalized, two-way communication via mobile and online



CtrlS Datacenters LtdOne of the fastest growing datacenter company in India and has partnered with companies in BFSI, Telecom, IT and Manufacturing vertical to propel growth
Cybage Software Pvt LtdA fast growing software services company with focus on technology COEs to serve verticals such as Travel and Hospitality, Media and Entertainment, Retail, Health IT, Manufacturing, Security, Telecom and BFSI
G-Cube Webwide Software Pvt. LtdA fast growing e-learning solution provider with track record of multiple custom content projects across the globe
Indus Net TechnologiesOne of the fast growing internet consulting company focused on helping customers with “technically perfect” and appealing websites
InfoBeans Systems India Pvt LtdA growing software services company with specific focus on content management systems, business process automation and mobile applications development
Kuliza Technologies pvt. ltdOne of the fast growing software product development company with a specific focus on mobile applications and solutions in the social media/ mobile space
Nexsus Techno Solutions Pvt LtdA provider of call recording solutions, customer centric business process automation and outbound dialing solutions and has attained a fast growth in the domestic market
Sapple Systems Private LimitedA fast growing IT services company focusing on web applications, custom applications development and the hot mobile applications sector and with a large market in the US
SpadeWorx Software ServicesA product engineering service provider with a unique model of “user at the core” to help minimize the difficulty to use software products by end user and allow better demand visibilty to the customers
Soft Prodigy System Solutions (P) LtdAn emerging outsourced product development & custom application development provider with multiple industry leaders as its customer base


iCreate Software Pvt. LtdA Business intelligence product company with a specific focus on Banking products and solutions companies and has acquired customers in nontraditional markets of Middle east & Africa as well as Europe
DesignTech Systems LtdA CAD/ CAM/ CAE & PLM solutions provider with vast customer base in the SME sector in India and high share of repeat business
Crederity Info Services Pvt LtdA solution provider in the identity/credential verification space with a prime focus on Indian recruitment market
Aujas Networks Pvt. LtdAn information risk management services company with focus on BFSI, IT and Government/ Defense verticals with presence in India, Middle East, Europe & Americas
iWeb Technology Solutions Pvt.LtdA provider of vertical and horizontal applications such as ERP, CRM, SCM, HR, Payroll, Finance, Quality, Production, eCommerce, eGovernance, Education Management, Hotel Management, Hospital Management etc on the fly through a technology independent architecture
ACN Infotech (India) Pvt. LtdA provider of Business Process Management (BPM) Solutions, Business Process Outsourcing (BPO) Solutions and IT Services to small, medium, and large enterprise businesses in India, North America and Europe
Intense Technologies LimitedA software product company in enterprise customer communications management and document management and information management domains with a strong focus on the Indian telecommunication industry as well as BFSI, Utilities and manufacturing verticals
Sunsmart Technologies Private LimitedA software product company with diversified vertical offerings and customers base of top banking, financial services, insurance & distribution companies in India
Greytip Software Pvt. LtdAn HR and Payroll software solutions company with focus on geographies such as India, Oman, UAE and Malaysia serving verticals such as IT, ITES, Manufacturing, Healthcare, Retails, etc


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