 It was selected as one of the 12 "Cool Companies" by "Fortune Magazine" and is widely believed to be one of the key contributors towards significant decrease in the cost of global bandwidth.Tagare was selected by Wired magazine as one of the "Wired 25" in 1999 (25 people trying to achieve the impossible and change the world) and was a finalist as the Entrepreneur of the Year at the World Communications Awards event in Geneva.He was also selected as a Global Leader for Tomorrow by the World Economic Forum and is a Charter Member of TiE (The Indus Entrepreneurs) New York.