Indian-based fantasy cricket universe Dream11.com has earned a nomination for the Red Herring Top 100 Asia Awards, which seek to recognize top technology startups.

“Dream11.com is extremely proud to be featured in the list of finalists for the Red Herring 100 Asia,” founder Harsh Jain said in the media release. “This recognition is a validation of our Fantasy Cricket concept and the business model weaved around Cricket Entertainment. The idea and the technology behind it has created outstanding growth for us and our partners in terms of revenues, new markets and new customers.”

Red Herring, a global media company focused on technology annually awards a top 100 each in North America, Europe and Asia, “celebrating the most promising companies … for leading innovation through technological revolution and creative adaption,” according to the company’s website.

Of the 2010 class in particular, Red Herring publisher and CEO Alex Vieux said: “This year was especially difficult. Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Dream11.com shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Winners of the Top 100 Asia Award.”

The nominations cover 200 entrants. Winners will be announced at a ceremony Nov. 16.

Tags: dream11, fantasy cricket, fantasy sports, fantasy sports business, fantasy sports industry, red herring

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