Panchkula, Haryana -- (SBWIRE) -- 11/23/2009 -- 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.

Sahil Mehta
Director
Ayushveda Informatics (India) Pvt. Ltd.

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Award Recognizes the 100 “Most Promising” Company, driving the Future of Technology

Panchkula, Haryana -- (SBWIRE) -- 11/22/2009 -- Red Herring today announced that Ayushveda Informatics (India) Pvt Ltd is a recipient of the Red Herring 100 Asia, an award given to the top 100 private technology companies based in the region.

"It has been a challenging and revealing year for most companies across the globe, yet Red Herring received a very impressive list of nominations from Asia Pacific," said Alex Vieux, CEO of Red Herring. "Companies that believe in constant innovation and consistent strategy, investing in people and technology, managed to overcome these difficult times and Ayushveda Informatics (India) Pvt Ltd is one of them. They will certainly thrive in the marketplace and become a formidable force in the future. "

Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies such as Facebook, Google, eBay, Skype and YouTube were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

To honor the CEOs of Red Herring 100 Asia companies, Red Herring invited each one to present to make a presentation at its Red Herring Asia 2009 event, November 10-11 in Shanghai, China.

Carrie Bu
Associate
Red Herring Inc

Ayushveda Informatics Contact Details –
Sahil Mehta
Director
Ayushveda Informatics (India) Pvt. Ltd.

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