Online B2B marketplaces: The Next Big Wave

IndiaMART is one of the leading online marketplaces connecting buyers and sellers from across India. The company has just celebrated the milestone of 1,00,000 premium (paid) sellers out of the 20 lakh sellers it has empanelled. While many e-commerce firms talk about the seemingly impossible task of achieving 100,000 premium sellers in five years’ time, IndiaMART has already achieved that milestone. Dinesh Gulati, Director, IndiaMART explains how information technology is opening new vistas for SMEs across India.