New Delhi, 1st April 2010: 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”.