red herring top 100 award winner LOCAD

LOCAD Pte. Ltd is a leading Singapore & Delhi based Enterprise Tech Solution provider working in the Adtech & OOH (Out of Home) Industry.

"We are proud to be recognized as a disruptor and leader in OOH field by Red Herring Asia. Over the last 24 months we have scaled up fast and secured a leadership position across SEA & India with our innovative products and services being used by some of the Top Most Brands, Advertising Agencies & Media Owners, said Rishabh Mehta, Founder & CEO LOCAD Pte Ltd."

Red Herring Top 100 Asia Awards enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten,, Xiaomi and YouTube would change the way we live and work. “In 2017, selecting the top achievers was difficult as always,” said Alex Vieux, publisher and CEO of Red Herring.

“The variety, depth, disruption and traction we saw from the early stage companies to those with significant scale made 2017 a great vintage to judge. The Asia winners are representative of the amazing ecosystem that never ceases to astound, with new and experienced entrepreneurs continuing to push the barriers of innovation. As one of the winners, LOCAD should be proud of its accomplishment.”

The awards were given after a detailed evaluation of companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of start-ups relative to their sector 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.

About LOCAD Pte Ltd.

LOCAD is a Singapore &smp; Delhi based Enterprise Technology Company that builds innovative products and IOT solutions for Location Based Advertising & OOH media industry. LOCAD’s suite of products covers the entire life cycle of OOH industry hence making them the preferred partner for all leading advertisers, media owners and advertising agencies. Its Monitoring platform LOCAUDIT has disrupted the Indian OOH industry by not only bringing in greater transparency and efficiency for brands and agencies but also better monetization for media owners. LOCAD has rolled out its services across Singapore, India, Australia and China and is looking at entering new markets in 2018.

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