“The India 25 companies, led by dynamic men and women, represent the leading edge of a new approach to India’s competitiveness.” – Michael Porter, Professor, HarvardBusiness School and management guru
Sep 24, 2010 – Princeton, NJ / Chennai, India
Michael Porter and AllWorld Network today announced that LatentView Analytics was selected amongst the “India Fast Growth 25”, a ranking of the 25 fastest growing companies in India.
The “India Fast Growth 25” was identified by Michael Porter and AllWorld Network, in partnership with Entrepreneur magazine, PHDChamber, the TiE Network, Nexus Ventures and the Mumbai Angels network. Companies from around the country were invited to apply. Seventy-five companies competed for a spot on the India 25 list, based on strenuous international standards, including completing a detailed survey of business strategy and operations and financial statements.
“The India 25 proves that India is a hot bed for high-growth entrepreneurs with an astonishing three-year growth rate of 481%” said Deirdre M. Coyle, Jr., Co-Founder of AllWorld. “These winners define what it is to be a high-intensity entrepreneur”. As a group, the India Fast Growth 25 companies created 6,903 jobs since their inception—most expect to grow 50 percent or more in the near future.
“We are thrilled to be part of the AllWorld Network”, said Venkat Viswanathan, CEO of LatentView. “This recognition is an important milestone in our determination to excel and be recognized as in innovative, market-leading Analytics and Knowledge Services firm”
AllWorld Network was established by Deirdre M. Coyle, Jr., Anne Habiby and Professor Michael E. Porter of the Harvard Business School, after many years of promoting entrepreneurship in the developed and developing worlds. Recognizing that entrepreneurship drives economic growth and innovation, AllWorld’s mission is to find and advance ALL the growth entrepreneurs of the emerging world to create 1 million jobs by 2015.
AllWorld Network’s model is simple – find growth entrepreneurs, credential them, put them on the global radar screen, and capital, talent and opportunities will come to them to further their growth. AllWorld calls this “Visibility Economics” and believes that with global visibility, vetted, test-driven growth entrepreneurs will create the next wave of jobs and innovation.