1st September 2014, New Delhi- FabFurnish.com, India’s largest home and décor e-commerce portal has been declared as one of the winners of this year’s Red Herring 100 Asia. Red Herring announced its Top 100 award in recognition of the leading private companies from Asia, celebrating the startups’ innovations and technologies across their respective industries.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe FabFurnish.com embodies the vision, drive and innovation that define a successful entrepreneurial venture. FabFurnish.com should be proud of its accomplishment, as the competition was as strong as ever.”
The companies were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration complemented by a review of the track record and standing of startups 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 in Asia.
Founder and CEO, FabFurnish.com, Vikram Chopra, said, “This is a great honor. It acknowledges our hard work and validates the efforts of our team in creating a marketplace of the best and most competitively-priced home furnishing products coupled with brilliant retail and marketing strategies.”
Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs and its editors were among the first to recognize that companies such as Daum, Facebook, Kakao, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.