Ocimum selected as Red Herring 100 Asia Winner

Hyderabad, Aug 24 (UNI) Ocimum Biosolutions said today that it had been selected as a Red Herring 100 Asia Winner for the year.

The editorial board of 'Red Herring', which received about 600 submissions from companies throughout Asia, selected Ocimum as one of Asia's hottest technology startups after a stringent application review process of evaluating business models, analyzing profitability forecasts, assessing management teams and examining technology of the contending companies.

Red Herring Asia covers markets such as Japan, South Korea, China, India, Singapore and Australia.

Chief Executive Officer of the Ocimum Biosolutions Anuradha Acharya, in a statement said 'Red Herring' was a very reputed magazine.

Ms Anuradha said, it is happy to be part of the list of 100 technology startups in Asia. We would continue to bring innovative solutions in the life sciences industry also, she added.

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