Saturday, 28th February 2015

LABA is a finalist for the 2014 Red Herring Top 100 Asia Award

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LABA has announced that it has been selected as a finalist for Red Herring's Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asian business region.

According to a statement, the Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia (

The nominees are 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.

This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the “buzz” and make the list a valuable tool for discovering and advocating for the best business opportunities in the industry.

"Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2014 has shifted into a new phase," says Alex Vieux, publisher and CEO of Red Herring. "A second generation of entrepreneurs is emerging and their execution skills and global ambitions are leading to great companies, solid growth and a global footprint."

"As importantly, we are seeing more companies from countries once absent from innovation circles. LABA shows great promise and therefore deserves to be among the finalists. Now we are faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that 2014 will reward us for a long and continued effort scouting disruptive companies in Asia."

The finalists are asked to present their winning strategies at the Red Herring Asia Forum in Hong Kong, August 25 to 27, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of August 27 at the event.

LABA is one of the most advanced IT training service providers in Nepal and offers blended IT learning solutions comprising classroom training, onsite training and e-learning directly from the global vendors.

The center has currently 5000-plus square feet of space with 10 state-of-the-art classrooms and a training capacity of 90 participants at any point of time at its corporate office in Kathmandu, adds the statement.

"The highly specialized training center is managed by highly skilled and experienced team of globally certified experts with prior proven expertise at global IT companies."

In its continued effort to provide international certifications locally, LABA has closely worked with prestigious global organizations including Microsoft, IBM, Cisco, Red Hat, EC-council, Element K, PECB, EXIN and PeopleCert. LABA is EC-Council® Accredited Training Center to conduct information security related trainings in Nepal.