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NASSCOM releases list of 50 emerging startup companies in India

Eko India Financial Services – A financial transaction platform delivering basic banking services through mobile access devices has been selected in the top 50 emerging companies to watch out in India

After the success of last year’s listing, the EMERGE Forum within NASSCOM has begun work in full earnest for the 2010 listing.  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 are expected to be profiled in a booklet to be released at the

NASSCOM EMERGEOUT conclave in New Delhi on August 25 2010.nasscome 50 innovative startup india

Why the NASSCOM EMERGE 50 ?

The NASSCOM EMERGE 50,has a sharp focus and in the process has been able to spotlight some really good companies, that were hitherto unnoticed. Plus with the level of detail that NASSCOM goes into with each company,it  has helped build an excellent dataset – covering funding, cash flows, employees, markets and specializations – for over 200 companies.

It has indeed been a tough job for the jury members and NASSCOM for selecting the 50 emerging/start-up companies.

The Process that was followed is given below

  • Companies were invited to nominate themselves in any of the categories. NASSCOM 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 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/ 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 category

The EMERGE 50 listing has quickly built credibility as the definitive listing of Innovative startup and services companies to watch for.

Given below are the final NASSCOM EMERGE 50 Companies for 2010 (category wise)

Start-ups

Aetas Technologies Pvt Ltd ( Lifeblob.com) A social photo sharing & printing services company and also focused on enabling navigation between related photographs
Cheese Corporate Care A company focusing on providing usability, UI design, UI development consulting services to its rapidly growing customer base
CMO Axis Outsourcig Services Pvt Ltd A fast growing marketing process outsourcing company with specific focus on sales and marketing outsourcing, Go-to-Market and Advisory
CoCubes.com A 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 Services A financial transaction platform delivering basic banking services through mobile access devices by connecting mobile and banking infrastructures
Expert Voicetap Technologies P. Ltd A company providing knowledge engine to connect knowledge seekers with experts over various medium, including textual chat or voice
Green Quotient Systems Pvt Ltd Focused 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. Ltd A 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 Ltd A social gaming company focused on creating puzzle based games for social networking platforms such as Facebook and myspace
Highbar Technologies An IT solution provider for the infrastructure industry with focus on enterprise business solutions, line of business IT solutions and process consulting
Indrion Technologies India

Private Limited

An 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 Technology

Private Ltd. (iXiGO.com)

A 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. Ltd A provider of end to end IP Surveillance systems for establishments & government projects
vidteq A 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 Limited An IT service provider in the eClinical space with prime focus on EDC (Electronic Data Capture), SAS Programming and Validation Services


Services

Online Recharge services Private Limited A 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 Ltd A 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) Ltd An 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 Limited A growing business and investment research, marketing and analytics company with prime focus on corporate service, financial service and management consulting domains
ASM Technologies Ltd A 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 Limited A growing IT services company for the retail & brands vertical providing services around SAP Retail, SAP POS (Point of Sale) & SAP AFS
GreyB Consultancy Pvt. Ltd A 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


Products

8KMiles webservices Pvt Ltd A 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 Ltd A 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 Technologies A 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
MangoSpring A communication & collaboration products company delivering products as business applications or integrated collaboration suites while integrating new social collaborating platforms
Medsynaptic Pvt Ltd A provider of teleradiology solutions which allows transfer of images on very low bandwidth for providing remote diagnosis to clients anywhere
Sanovi Technologies India

Private Limited

A provider of enterprise class disaster recovery management software and has leveraged direct and partner driven sales models to penetrate fortune 500 companies
Srishti Software Applications

Private Limited

A 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 Ltd An emerging telecom product company providing Mobile VAS infrastructure to Mobile Telecom Service Providers
Webaroo Technologies Pvt Ltd A mobile enabled social messaging platform tailored to provide the platform to consumers/ businesses and enables personalized, two-way communication via mobile and online


Growth

CtrlS Datacenters Ltd One 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 Ltd A 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. Ltd A fast growing e-learning solution provider with track record of multiple custom content projects across the globe
Indus Net Technologies One of the fast growing internet consulting company focused on helping customers with “technically perfect” and appealing websites
InfoBeans Systems India Pvt Ltd A growing software services company with specific focus on content management systems, business process automation and mobile applications development
Kuliza Technologies pvt. ltd One 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 Ltd A 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 Limited A 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 Services A 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) Ltd An emerging outsourced product development & custom application development provider with multiple industry leaders as its customer base


Market

iCreate Software Pvt. Ltd A 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 Ltd A 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 Ltd A solution provider in the identity/credential verification space with a prime focus on Indian recruitment market
Aujas Networks Pvt. Ltd An 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.Ltd A 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. Ltd A 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 Limited A 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 Limited A software product company with diversified vertical offerings and customers base of top banking, financial services, insurance & distribution companies in India
Greytip Software Pvt. Ltd An 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
2 Comments

2 Comments

  1. Anonymous

    November 21, 2015 at 12:36 pm

    Good Information about all start-up companies..

  2. Abhay N

    Abhay N

    November 22, 2015 at 10:10 am

    Thank you but this list is old and was published many years ago. I intend to publish a more up to date list for startup companies of 2015 and 2016 in the coming months.

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