PayQwik among 2015 Red Herring Top 100 Asia

industry news

Red Herring announced its Top 100 award in recognition of the leading private companies from Asia, celebrating the startups’ innovations and technologies across the respective industries.

Red Herring’s Top 100 Asia list has become a mark of distinction in identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Twitter, Rakuten,, Xiaomi and YouTube would change the way we live and work. “Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe PayQwik embodies the vision, drive and innovation that define a successful entrepreneurial venture. PayQwik should be proud of its accomplishment, as the competition was as strong as ever.”

Pankaj Kumar, Chief Executive Officer, PayQwik added that, “We feel privileged & extremely excited to be named as Red Herring Asia Top 100. We would like to thank the jury for acknowledging our services along with our team who supported us in thick & thin. We assure that we will continue to innovate & provide a superlative mobile payment platform to customers & merchants.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.

A Gist about PayQwik

PayQwik™ is a one stop mobile payment service available across India. PayQwik™ offers quick mobile top-up, recharge, bill payment & shopping. It also allows user to transfer funds across India instantly. Customer will receive attractive incentives such as cash back, coupons and discounts on shopping. PayQwik™ users are able to recharge all Telco prepaid mobile phones across India, make bill payments to postpaid, landline & electricity providers, purchase bus, airline, and movie tickets and shop via their mobile phones. PayQwik™ fund transfer feature allows customer to send money anytime anywhere.

Key features include:

  • Recharge all prepaid mobile phones and Pay bill for postpaid, DTH, landline, electricity, Gas, Insurance and receives attractive cash back.
  • Fund transfer to your friends & family instantly without any hassles.
  • Attractive deals, discount & coupons for recharge & shopping, travel and many more.
  • QR payments, Groupon Coupons.
  • Add favorites, save connections and transactions for repeated use.
  • Buy any Telebuy products in just a few clicks.

PayQwik™ is available for download in the Google Play Store and will be available for iOS & windows devices in the very near future.


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