addresses scholars from Asset International on its fourth anniversary

Delhi, April 1, 2000:, to mark its fifth foundation day, has invited students pursuing e-commerce courses from the renowned institution Asset International to visit their corporate office in Delhi to familiarize them with the operational aspects of a Net based organization.

“It is highly encouraging that India today has the largest pool of quality IT professionals. It was my dream to see India at the forefront of the e-commerce revolution while working with multinationals like HCL and Bank of America in the US. I see that happening today and we want to contribute to it to the maximum”, comments Mr Dinesh Agarwal, Director,

Founded by Mr Agarwal on 1st April, 1996, has established itself as the global gateway to Indian marketplace by introducing seven industry specific vertical portals including Indian travel, handicrafts, finance, healthcare, apparel, news and the latest on the Indian automobile industry. Hosting an online directory of over 70,000 India-related businesses, facilitate visitors to conduct business with indian companies through a unique free-listing and free-query forwarding system.

The portal today receives over 2 million pageviews per month, of which the major vistorship (nearly 60%) comes from the US, 20% from India, and the remaining from European countries. “Our members have conducted a business to the tune of Rs. 800 crores during the last financial year, and that is just a conservative estimate based on feedback from the members”, says Mr Agarwal.

Ranked as the Top Indian site by PC World (May’99) and (Feb 2000), the site has been nominated by Microsoft for the ‘Best of Asia Pacific Website’ (1997) and has been reviewed as ‘The Web’s Best Site’ by Encyclopedia Britannica. In a four years time-span, in addition to developing as a business portal, the company has established itself as India’s largest web-solution provider by crossing a 500 clients mark, which include MTNL, Nirula’s, Hero Motors, Jindal Steel, Apollo Hospitals and IRCON International.

On the idea of addressing the young scholars on IndiaMART’s fourth anniversary Mr Dinesh comments- “The most valuable asset that we at have at IndiaMART is our workforce of over 100 professionals spread in Corporate office in Delhi and at our Mumbai branch. We consider it of utmost importance to treat our employees like a family working together. And therefore, by encouraging upcoming e-commerce professionals, we are doing a favour to none but ourselves.”