New Delhi, Nov 24, 2014– FabFurnish, India’s leading online home store has been awarded with Red Herring’s 2014 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe.
The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1,000 companies from more than 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, were judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management’s execution standards, potential globalization of the strategy, and market share improvement.
“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Red Herring chairman. “
“2014 has demonstrated the sector’s vibrant activity and its contribution to the global economic recovery. An unprecedented number of entrepreneurs are jumping ahead of the competition and making a difference. Constant breakthroughs make recent developments obsolete faster than ever before. FabFurnish is performing exceptionally well in its field and strongly deserves to be singled out as one of the Red Herring Global winners.” he further added.
Mehul Aggarwal, CEO, FabFurnish who was part of the event, ‘Red Herring Global Forum’ in Los Angeles from November 18 to 20. “We’re extremely delighted to have won this award. This recognition is a result of the hard work and dedication of all our employees, and is quite encouraging. Not only will it inspire us to work harder, we are now obligated to maintain the quality and services. ’’ said Mehul.