Naukri.com makes it to the “Red Herring Asia 100” 2006New Delhi, 28th August 2006—Naukri.com has been shortlisted as one
of
the finalists in the “Red Herring Asia 100” Private
Companies for the
year 2006. Naukri showcased its recent innovative development - The
INSTA HIRE Solution at the Red Herring Asia 100 and has been
shortlisted from 600 privately held companies in Asia.Insta
Hire is a closed loop application, which provides for instant contact
by recruiters and instant application by job seekers via SMS. It is a
breakthrough recruitment solution available on a revolutionary new
platform going beyond the standard SMS alert allowing not only
recruiters to contact but also customers to apply for a job via SMS,
thereby closing the loop. Naukri.com is the only job site in India that
has imbedded the ability to send a job seeker an SMS into its database
of over 6.5 million CVs. The service is proving to be extremely
popular, with increasingly more conversions happening every day. The
service addresses need gap issues in the recruitment process – thereby
delivering value to both ends of the spectrum – the recruiter and the
potential candidate. Over 600 privately held technology
companies had submitted their applications this year throughout Asia
for this prestigious award. Through a stringent application review
process, Red Herring’s editorial team announced the selection of the
100 finalists companies as the most promising companies in all Asia for
Red Herring 100 Asia for 2006. Commenting on this occasion from
Hongkong, where the Award will be presented Mr. Sanjeev Bikhchandani,
Founder & CEO Naukri.com said, that “It is great to have made it to
the Red Herring Asia 100 list .Naukri is proud to be shortlisted and
associated with the best in Asia .It has always been our endeavour to
identify innovate and scale up ideas that truly address needs and gaps
in the market place. I am particularly happy for the teams that worked
on this initiative as the award is a recognition of their efforts ”.
The nominees were rigidly evaluated on both quantitative and
qualitative criteria such as financial performance, technology
innovation, quality of management, execution of strategy, and
integration into their ecosystem. This unique assessment of their
potential is complemented by a review of the actual track record and
standing of a company, allowing Red Herring to see past the "buzz" and
make the list an invaluable instrument for discovering and advocating the greatest
business opportunities in the industry. About Naukri.com
Naukri.com is India''s No 1 job site. It provides a common platform for
companies, head hunters and job seekers to exchange information quickly
and effectively. Established in 1997, naukri.com is the division of
Info Edge (India) Ltd.(has a network of portals -Jeevansathi.com and
99acres.com) - India''s largest internet company and Naukri.com is the
5th most popular website in India across all categories with a database
of 6.5 million registered users. With over 20,000 companies trusting
their experience in this industry, it has a very large user base. Being
leaders in their space, the company is constantly innovating. About Red Herring
Red Herring is a sophisticated insider''s guide to the business of
technology, featuring unparalleled insights on the emerging
technologies driving the economy, from the Internet to wireless
communications and digital entertainment. Red Herring reports on how
innovation and entrepreneurship are transforming business and how the
business of technology is transforming the world, providing readers
with a deep understanding of venture capital and capital markets.
Recognized as an essential resource in today''s fast-changing business
world, Red Herring gets the right answers before anyone else even
thinks to ask the questions. More information on Red Herring is
available on the Internet at http://www.redherring.com . For Further Information, Please Contactwww.naukri.com