Ticketvala.com Bags Red Herring Awards for the 2008

Red Herring has announced that Ticketvala.com platform, a website owned by Travis Internet is a winner of the Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in Asia.

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout Asia and identified the top 100 out of more than 1,000 closely evaluated companies that are leading the next wave of innovation.

“Our winners and Finalists demonstrate that Asia is increasingly becoming a leader in innovation, contrary to common stereotypes,” said Joel Dreyfuss, editor-in-chief of Red Herring.” It was tough to choose just the top 100 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists.”

According to Haranath Lokanadham, CEO and President at Ticketvala.com, “To win the Red Herring Asia Awards 2008 is a great honour for Ticketvala.com. We are glad our initiative to organise an online bus ticketing platform has risen to a new level and has been recognised. We look forward to excel in our services and provide the best our industry can offer.”

The 100 winning companies have been announced at the Red Herring Asia event in Hong Kong. The CEOs of the winning startups presented their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists at the event at the Hong Kong JW Marriott Hotel earlier this week.

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