Tagit: 2014 Red Herring Top 100 Asia Winner

August 30, 2014

Singapore mobile software solutions provider hailed as one of the most disruptive and innovative software businesses in Asia.

Singapore, 29 August, 2014 – Tagit, Asia’s leading Mobile banking and Mobile software solutions provider, has been recognised in Red Herring’s Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asian business region.

The recognition is a result of Tagit’s dramatic growth in the face of burgeoning demand for its award-winning robust, secure and scalable mobile platform, Mobeix, which is used by millions of users to transact billions of dollars by banks globally, helping enterprises to achieve high ROI on their mobile strategies. Tagit has helped leading banks and enterprises build award winning apps with a focus on innovation and engaging user experience to drive customer usage and transactions.

The Red Herring editorial team selected Tagit from a pool of hundreds of technology companies across Asia. The nominees were evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.

Commenting on the accolade, Sandeep Bagaria, CEO for Tagit, said: “It’s a great honour to be recognised by Red Herring in the Top 100 Asia Awards. Our customers, partners and talented employees have made this award possible. We are continuing to see increased demand for what we do, as enterprises and financial institutions around the world seek opportunities for greater customer satisfaction and retention through innovative mobile services. As we continue to grow, our focus remains on providing our customers with innovative solutions to maximise the mobile opportunity.”

“Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2014 has shifted into a new phase,” said Alex Vieux, publisher and CEO of Red Herring. “A second generation of entrepreneurs is emerging and their execution skills and global ambitions is leading to great companies, solid growth and a global footprint. As importantly, we are seeing more companies from countries once absent from innovation circles. Tagit shows great promise and therefore deserves to take its place among the Top 100 winners of Red Herring Asia 2014.”

Founded in 2004, Tagit has since established itself as an innovative and robust mobile software provider. Tagit has a portfolio of blue-chip customers across markets which include Singapore, Malaysia, Indonesia, Vietnam, Hong Kong, China, India and Canada. The company is also present in the Middle East, Africa and the Americas.

Tagit is currently the partner of choice for a number of banks in Southeast Asia for their mobile banking needs.

Tagit’s portfolio of clients includes Royal Bank of Canada, DBS, UOB, Standard Chartered, Citibank, Commonwealth Bank Indonesia, Maybank, and Axis Bank.

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About Tagit

Tagit is an award-winning Singapore-based mobile solutions company. Tagit’s mobility platform Mobeix™ enables banks and enterprises to rapidly build secure, scalable and innovative mobile applications. Its customers include leading global and regional banks in countries across Asia, Middle-East, and N. America. Tagit is the Winner of the Emerging Enterprise Award 2012 and has been recognised as a “leading technology company in the Technology Fast 500 Asia Pacific 2012 program” by Deloitte. For more information, please visit www.tagitmobile.com.

About Red Herring

Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.

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