MUMBAI: YuppTV has joined the global league of technology pioneers and innovators. The over-the-top (OTT) platform has been recognised among the top 100 Red Herring North America company listings.
Red Herring annually honours the most promising private technology companies that are positioned to become market leaders within their respective sectors. YuppTV was selected from among hundreds of technology/life science companies in North America and the only company to be awarded in the entertainment and media sector.
As part of the rigorous three step vetting process, the Red Herring editorial team analyzes approximately 1,200 cutting edge companies, only awarding those organizations that not just meet – but surpassed – their criteria for success.
“In 2015, selecting the top achievers was by no means a small feat,” said Red Herring publisher and CEO Alex Vieux. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the North America winners. We believe YuppTV embodies the vision, drive and innovation that define a successful entrepreneurial venture. YuppTV should be proud of its accomplishment, as the competition was very strong,” Vieux added.
“It is an honour to be recognised by Red Herring from among some of the best ventures in the industry. With continued focus on customer needs and end-user experience, innovation and technology to deliver live and video on demand content globally, we look forward to even greater success in the future,” said YuppTV CEO Udaynandan Reddy.
YuppTV’s selection for the award among key players in an intensely competitive industry was based on high scores achieved in levels of specialty, social contribution, international foot print, growth rate, technological advantage, team quality and experience as well as exemplary performance, on all other counts.
The Red Herring Top 100 award is widely recognised as one of industry’s more prestigious recognitions, with hundreds of candidates from each continent competing for a Top 100 spot. Since 1996, Red Herring 100 lists have been valued by technology industry executives, investors, and strategists as an instrument for discovering and advocating the most promising private ventures from around the world. Some of the previous notable winners include Google, Facebook, Twitter, Skype and eBay.