Lakshmi Raj, Replicon, ranks No. 14 on the W100

PROFIT and Canadian Business unveil 18th annual list of Canada’s Top Female Entrepreneurs

REDWOOD CITY, California and CALGARY, Alberta (May 16, 2016) PROFIT and Canadian Business today ranked Lakshmi Raj No. 14 on the 18th annual W100 list of Canada’s Top Female Entrepreneurs. Published today at PROFITguide.com, the W100 ranks female entrepreneurs using a proprietary formula that considers the size, growth rate and profitability of the businesses they own and manage.

“The members of the 2016 W100 each possess the talent and tenacity to start and grow a successful business,” said James Cowan, Editor-in-chief of PROFIT and Canadian Business. “Their remarkable achievements serve as proof that ambitious, risk-taking female entrepreneurs are integral to the growth of the Canadian economy.”

“It’s an honor to once again be ranked on the list of Canada’s top female entrepreneurs,” said Lakshmi Raj, co-founder and co-CEO of Replicon. “Since founding Replicon two decades ago, we’ve cultivated a strong entrepreneurial spirit across all aspects of the company. This award affirms the hard work, drive and innovation of our team, which has enabled us to build new products, expand into new markets, and continue to address our customers’ needs.”

This is the ninth time that Ms. Raj has been recognized as Canada’s Top 100 Female Entrepreneurs. As the co-founder and co-CEO of Replicon, she has is focused on strategic initiatives for Replicon’s global operations, including market share expansion, revenue generation, and worldwide sales activities. Today, Replicon’s award-winning solutions include products in time and attendance, absence management, client billing, expense management, project costing and professional services management.

Full W100 editorial coverage will also appear in the June 2016 issue of Canadian Business and online at Chatelaine.com.