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Tag: Forbes

  • Forbes Names InfoStretch among America’s 100 Most Promising Companies

    Santa Clara, California – November 30, 2011: InfoStretch Corporation, a leading mobile and quality assurance solutions provider, today announced that it has been named to the Forbes’ list of America’s 100 Most Promising Companies. Forbes ranked InfoStretch at 56 among the top 100 companies, which hail from 22 different industries. Forbes‘ list of America’s Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital.

    “The ability to work with leading enterprises and application stores to ensure mobile quality provides an incredible opportunity for InfoStretch,” said Rutesh Shah, CEO. “Mobile eco-system is fragmented where concerns for security and quality have become more pronounced. This has been the key to our rapid growth. Innovation is paramount to our solutions today and the team is honored to be recognized for its accomplishments.”

    InfoStretch was founded in 2004 and since then, it has been experiencing a tremendous growth. Company’s innovative products like QMetry (www.QMetry.com) and leadership in mobile testing as well as certification solutions have been the main drivers behind its success. Lately, company expanded its presence to the US east coast and is planning to explore the European markets next year.

    “Sizing up younger, privately held companies is hard: Their fortunes can change very quickly and there’s a dearth of public data,” says Forbes Executive Editor Brett Nelson. “We took a more comprehensive approach to evaluate their health and potential.”

    To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies. With $650,000 in grants from the National Science Foundation, CB has developed complex software called Mosaic that mines myriad online sources (from press releases and social networks to job boards and court filings) to come up with one, algorithmically derived score that measures a private company’s health. Forbes married Mosaic’s data-crunching with old-fashioned reporting to assemble a list of rising stars with bright growth prospects. To view the complete the list, please visit www.forbes.com/ampc.

    About InfoStretch

    InfoStretch is a global leader in software QA, mobile solutions, testing, distribution and certification Services. InfoStretch also specializes in Enterprise Application Testing, QA and Test Automation Services with an emphasis on Enterprise 2.0 and Cloud Infrastructure-based SaaS applications. InfoStretch delivers high-quality, reliable and cost-effective services to clients throughout the US, Europe and Asia-Pacific. The company specializes in delivering business solutions that command deep technology knowledge, process proficiency and domain expertise. For more information, visit http://www.infostretch.com/

  • Ahmedabad Among Forbes’ List Of 19 Fastest Growing Cities

    Forbes Magazine has listed Ahmedabad as one of the fastest growing cities. Ahmedabad, Bangalore, Chennai are the three Indian cities to be listed in “The Next Decade’s Fastest Growing Cities’ list.

    Forbes Report says:

    India, although not by plan, also is experiencing a boom in once relatively obscure cities. Its rising urban centers include Bangalore (home of Infosys and Wipro), Ahmedabad (whose per-capita incomes are twice that of the rest of India) and Chennai (which has created 100,000 jobs this year).

    Ahmedabad is the largest metropolitan region in Gujarat, perhaps the most market-oriented and business-friendly of Indian states. Gujarat’s policies helped lure away the new Tata Nano plant from West Bengal (Kolkata) to Sanand, one of Gurajat’s exurbs. One Indian academic, Sedha Menon, compares the state–which has developed infrastructure more quickly than its domestic rivals–with Singapore and parts of Malaysia. Per-capita incomes in Gujarat are more than twice the national average. India’s seventh-largest city has a population of roughly 5.7 million and is expected, according to the U.N., to grow to over 7.6 million by 2025.

    One of the frequently asked questions to us at Infostretch is : Why did choose Ahmedabad for such a wonderful business? I hope we have an satisfactory answer !

    InfoStretch chose Ahmedabad because we realized it was a growing city. The GenNext talent was improving and they are catching up with the global talent. The Infrastructure like Power, Roads, Connectivity was phenomenal. We have zero power cuts – unheard in India ! The overall business environment and outlook looked positive. We have grown from 20 people company to 160 people company and still growing ! It is indeed Vibrant Gujarat !

    Cheers Ahmedabad !