NEWS

EVENTS

iCare Benefits was announced to be short-listed for a Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asia business region.

Singapore – 16.08.2016 – iCare Benefits was announced to be short-listed for a Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asia business region. Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995 and is now recognizing iCare Benefits for breaking the poverty cycle and improving quality of life of workers at the bottom of economic pyramid with a proven business model that is disrupting the way employees access capital as well as essential products and services. iCB helps retailers tap markets they have not considered nor been able to reach. The impact assessments demonstrate enhancements in livelihoods, worker well-being, productivity, turnover reductions, and considerable savings in time and money for members who avoid traveling to make installment payments or paying excessive finance fees. Notable Top 100 Asia winners include Alibaba, Baidu, InMobi, Kakao, Rakuten, Snapdeal, Xioami and many more. "Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2016 has shifted into a new phase," ; said Alex Vieux, publisher and CEO of Red Herring. “A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. iCare Benefits shows great promise and therefore deserves to be among the finalist companies. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2016 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new wave of revolutionary technology.” The short-listed companies will provide a live presentation at the Red Herring Asia Forum taking place on September 12-14 in Manila, Philippines. Winners will be announced on September 14. For further information visit Red Herring.