Thursday, April 1, 2010

BWI: IndiaMART.com Celebrates 14 Years of Grand Success

Press release from Business Wire India
Source: IndiaMART
Thursday, April 01, 2010 05:27 PM IST (11:57 AM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology, Media & entertainment; Technology
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IndiaMART.com Celebrates 14 Years of Grand Success


New Delhi, Delhi, India, Thursday, April 01, 2010 -- (Business Wire India) -- India's largest online B2B Marketplace, IndiaMART.com is celebrating its 14th foundation day today. Over the past decade IndiaMART.com has built a formidable reputation of putting Indian SMEs and MSMEs on to the global map. Today, its B2B marketplace, www.indiamart.com, boasts of 500,000 business members and over 5 million global B2B buyers.

IndiaMART.com has the enviable track record of being the only profitable Indian dot com company since launch. It has grown more than 15 times in the last 7 years. The company is the proud recipient of the Red Herring 100 Asia Award in 2008. It was also honoured with the Emerging India Award in 2008. Recently, the company has also been acknowledged as 'Top 25 Most Promising Internet Companies' in India by the leading technology magazine 'The SmartTechie' in its annual survey.

Celebrating IndiaMART.com's journey so far, Mr. Dinesh Agarwal, Founder and CEO, said, "The journey that started in 1996 has been extremely fulfilling and satisfying. Internet has proved to be a great enabler for Indian SMEs. I feel proud when I see Indian SMEs and MSMEs taking centrestage on the global map and ready to break geographical barriers by using the Internet to find business partners in every nook and corner of the world. It is a moment of great pride and tremendous joy for every IndiaMARTian to play a key role in this silent revolution. As we celebrate our 14th foundation day today, I would like to thank all of our stakeholders including 1400 employees, 14,000 esteemed clients and over 7 lakh SME and MSME members for their continued support and making us the success story we are today".

About IndiaMART.com

IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996, the company has a pan-India presence in over 100 cities. With approximately 1200 employees located across 31 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 700,000 registered members and nearly 5 million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country.

Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit: www.indiamart.com/press-section/

Join us on Facebook to become a Fan and get the latest news and updates about IndiaMART.com: http://www.facebook.com/IndiaMART


CONTACT DETAILS
Arun Tyagi, Marketing & PR, IndiaMART, +91 9711003832, +91 (120) 3911000, pr@indiamart.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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