MUMBAI: YuppTV, an OTT platform, has entered the reputed Red Herring’s list of top 100 global awards. The awards identify and honour the leading private companies from North America, Europe and Asia.
Red Herring’s list is a mark of distinction for promising new companies and entrepreneurs.
Red Herring CEO and publisher Alex Vieux said, “Choosing the companies with the strongest potential was by no means a small feat. After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the top 100 winners. We believe YuppTV embodies the vision, drive and innovation that define a successful entrepreneurial venture. YuppTV should be proud of its accomplishment.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of start-ups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
Speaking about the new accomplishment, YuppTV CEO and founder Uday Reddy added, “When we were recognized as one of the top 100 North American companies earlier this year, we were absolutely thrilled with the distinction especially given that there were so many great companies. However, to have been selected as one of the top 100 global companies really confirms our belief that we have a service that our customers love and that so many new customers around the world will want.”