Commenting on this, Prakash Baskaran, Founder, Pawaa Software, said, "We are very excited about this recognition. We are fundamentally changing the way people viewed information security. And we are proud that we are doing all this from India. We have a simple yet very powerful new paradigm which uniformly covers security across all spectrum - Enterprise, Consumer and Cloud. Pawaa is in the process of enabling multiple enterprise applications with PLUS Pawaa solution where the enterprise applications are 'security aware' and organizations do not have to look at security separately. We have multiple exciting product and solution releases planned in near future based on our security paradigm and patent pending technologies"
The Red Herring editorial team selected the most innovative companies placed in various verticals such as mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries from across Asia. The nominees were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration.
"Pawaa Software has ventured in technology territory and found breakthrough solutions to issues that have been haunting the industry for a long time. They are deploying their intellectual property and talent with speed and efficiency. We believe Pawaa embodies the vision, drive and innovation that define a successful entrepreneurial venture," said Alex Vieux, CE0, Red Herring.
The top 100 winners were selected from a pool of 200 odd participants who were based out of 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam.
