About Indiamart

January 28, 2018 | Author: Surbhi Maini | Category: E Commerce, Service Industries, Economies, Business, Internet
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ABOUT INDIAMART: IndiaMART.com is India's largest online B2B marketplace for Small & Medium Size Businesses, connecting global buyers with suppliers. The company offers a platform & tools to over 1 million suppliers to generate business leads from over 5 million buyers, who use the platform to find reliable & competitive suppliers. The company has over 4000 employees located across 75 offices in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd.IndiaMART.com offers products that enable small & medium size businesses generate business leads (online catalogs/store-fronts), establish their credibility (third party verified trust profile) and use business information (finance, news, trade shows, tenders) for their business promotion. IndiaMART.com has won numerous awards over the years, which include coveted Red Herring Award, Emerging India Award, among others. The company has also been widely covered by media for its pioneering role in promoting SME business in the country.

FACT SHEET: 1996-97 • •





IndiaMART.com, India's first online B2B directory, launched Successfully introduces free listing & free-query forwarding concept to familiarize Indian SMEs with benefits of Internet for business promotion Accomplishes India's first e-commerce project for Nirula's (http://nirulas.com) Achieves break-even within 6 months of the launch

1997-98 • Successfully crosses 100 clients mark Initiates franchisee network program

1998-99 • • •

Launches Handicraft, Apparel & Finance channels Increases workforce to 40 B2B marketplace network surges to 1 million page views/month mark

1999-2000 • • • •

Accomplishes 'Bharat On Line' - MTNL's online portal project Launches auto industry channel Opens branch office in financial hub of India Mumbai Crosses Rs 1 crore revenue mark

2001-02 •





Business World magazine declares IndiaMART.com as "the only profitable Indian Dotcom, with positive cash flows" [Cover Story: 14 May 2001 issue] Adds exclusive services to its portfolio - Electronic Trade Offers & Request for Quotation / Request for Proposal CNBC India recognizes IndiaMART.com as one of the only profitable dotcoms in India based on report by McKinsey

2000-01 • • •

Touches 5 million page views/month Crosses 1000 clients mark Registers 100,000 business queries/month



• • •

Accomplishes prestigious online projects for HHEC, Jindal Organization, ModiCorp Wins Britannica (BIG) Award for Travel.IndiaMART.com Profits increased by 128% over last year Company becoming limited, from InterMESH Systems, to IndiaMART InterMESH Limited

2002-03 •

Moves operations to state-of-the-art NOIDA development center • Launches Exim.IndiaMART.com • Crosses 200,000 business queries mark with 12 million page views 2003-04 • Launches TrustSEAL to bridge the trust gap in B2B trade • Crosses 3000 clients mark • Touches 26 million page views per month, generating more than 300,000 business queries. 2004-05 • Becomes first ISO 9001:2000 company in its domain Surpasses 8000 clients mark 2005-06 • IndiaMART.com completed ten successful years (1996-2006) • Crossed 10,000 clients mark • Launches MDC, a four-page online catalog for clients • Implements corporate-wide WEBERP Acquires new office at B-6, Sec 8, NOIDA

2006-07 • BCCL (Times of India Group) makes strategic investment in IndiaMART.com Launches new Templated Product Catalogs 2007-08 • Launches IndiaMART Sourcing Guide • Commences International Trade Fair Participation initiative • Wins 'Amity Corporate Excellence Award 2008' • Wins 'Shiromani Yojana Puraskar' award 5,00,000 members registered on IndiaMART.com 2008-09 • Intel Capital makes strategic investment in IndiaMART.com • Wins 'Emerging India Award 2008' as a second runner-up • Wins 'Red Herring 100 Asia 2008' award • Launches Video Profiles for "Leading Suppliers" • IndiaMART.com footprints cover over 100 towns in India Participates in more than 100 international & 200 domestic trade shows 2009-10 • IAMAI declares IndiaMART.com as India's largest online B2B marketplace • Mr. Deep Kalra (Founder & CEO of Makemytrip.com) & Dr. Nachiket Mor (President, ICICI Foundation) join IndiaMART.com Board of Directors More than 300,000 products listed on IndiaMART.com

2010-11 • Takes a giant leap in SME space & launches 'IndiaMART Leaders of Tomorrow Awards' • IndiaMART.com member base surges to 1 million suppliers • Celebrates 14 years of grand success • Launches FREE tenders service - a first in India • Being a socially responsible corporate, associates with "Meri Dilli Meri Yamuna" campaign The SmartTechie ranks IndiaMART.com among India's '25 Most Promising Internet Cos.' Competitors: • Alibaba & TradeIndia • Revenue Streams • Auctions & Marketplaces

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