VirtualEmployee.com has been shortlisted for the coveted NASSCOM Emerge 50 Awards 2012, adding another feather to its cap.
NASSCOM is the premier organisation for the Indian software industry and the NASSCOM Emerge 50 Awards has been an annual event for several years now. This much-awaited programme is aimed at identifying and then supporting the top 50 emerging IT companies in the country. Companies that have clearly stolen a match over their contemporaries by redefining the benchmarks of excellence for the burgeoning IT industry. The NASSCOM Emerge Award focuses the spotlight on new business models, companies that have built innovative products and services or clocked fastest growth rates.
It is a matter of great honour that this year VirtualEmployee.com has been included in the “Top 50 Emerging Companies” and “Jury Choice – 10 Hottest start-ups in India”. VirtualEmployee.com has been selected in the Emerge Start-Up category (the other two being Emerge Innovation and Emerge Growth).
It comes as no surprise really that VirtualEmployee.com’s name has grabbed the attention of NASSCOM for this prestigious nomination. Its unique business model has simplified the concept of outsourcing – alien to most western companies – into something with which they can easily identify. Namely, that VirtualEmployee.com is the perfect alternative to local hiring and even outsourcing. This path-breaking business model integrated Cloud technology with hiring dedicated talented Indian professionals. The result was that SMEs across North America, UK, Europe, Canada, and Australia found the ideal remote employee who worked for them exactly like a local hire.
All the shortlisted companies underwent a rigorous evaluation process. There was some basic criteria included revenue growth rates for last 3 years, revenue contribution, average revenue per employee etc. in order to make it to the preliminary shortlisting round of companies in each category.