Recently NASSCOM ( National Association of Software & Services Companies of India ) has awarded the Top 10 emerging companies in India. The winners, chosen from 236 initial applicants, include companies that provide a range of IT services covering healthcare, education and training, banking, travel and social networking.

NASSCOM through its EMERGE 50 initiative, has identified 50 Emerging companies which are redefining the benchmark of excellence for the next generation of SMEs. The EMERGE 50 – The League of Ten, have been selected from these shortlisted companies. The purpose of this initiative is to identify and recognize the great potential companies in the making, who can be treated as role models and inspiration to others. It is noteworthy, that NASSCOM for the first time, is also honouring 10 emerging/start-up companies.

According to Nasscom, the purpose of this initiative is to identify and recognize the great potential companies in the making, who can be treated as role models and inspiration to others.

Som Mittal, president, Nasscom, said, “We are proud of not only the winners but all applicants that have showcased an unparalleled spirit of entrepreneurship.”

The jury mulls over the selection criteria at length and decides to focus on some of the key differentiators, including the presence of the company in emerging/domestic markets, whether it has achieved the fastest rates of growth over the past 2- 3 years, its unique value proposition, the organizational work model i.e. the efficacy of its management team, as well as unique delivery model. Also, whether they have identified a niche for themselves with a strong foothold in the market, in their respective services domain.