Completes 15 Years of Powering SMEs' Growth & Success

Wednesday, April 6, 2011

15 Year Journey Credited With Bringing Over 1 Million Indian SMEs Online

NEW DELHI, April 7, 2011 - The year 2011 is when India completes 15 years of commercial Internet.
This is the same year when India's first and largest online B2B marketplace celebrates its 15th anniversary. has announced completion of a decade and a half of
empowering Small and Medium Enterprises (SMEs), continuous innovation and
leadership. Relied upon by over 1 million suppliers and 5 million buyers
globally, the company has admirably advanced through these years by leading
small businesses to global markets through its online business promotion
services. As a veteran in the online industry, will strengthen
its capabilities and further fortify their growth in coming years.

On reaching this landmark, Mr. Dinesh Agarwal, Founder and CEO,, said, "As we complete 15 years in the industry, it's
fascinating to look back to that Monday, 1st of April in 1996, when was born. The journey that followed - from one room, 4 member
team and an assembled computer to 4000 people across 75 offices and over 1
million registered members - is enviable for many. I strongly believe that
this growth, achievement and our leadership position have been possible
because of the unstinting support of all our stakeholders."

"What started out with a little capital has steadily grown into a
business far exceeding anyone's expectations. We are extremely proud of this
accomplishment and owe this success to all the customers and employees who
helped us get here. We will continue to bring innovation in our services to
further become a part of their growth stories," said, Mr. Brijesh Agrawal,

On the special occasion, Mr. Deep Kalra, Founder and CEO,
who is also on the Board of Directors,, said "Over the last 15
years, IndiaMART, led by Dinesh and team has demonstrated pioneering spirit
and tremendous resilience, which have helped them maintain their leadership
position in the market. I am confident that going forward, IndiaMART will
continue to add value to its customers by constant innovation and high levels
of service. I wish them all the best for continued market dominance."

In 1996, there were only 500 subscribers of the Internet.'s
arrival on the scene aligned the benefits of the Internet with the business
needs of Indian SMEs. The marketplace has since then been seen as a game
changer for the SME business community. Today, it offers a comprehensive
suite of services that are powering growth and success of these enterprises.
It boasts of 7.7 million unique visitors per month along with 29 million page
views per month.

Congratulating on its 15th anniversary, Mr. UK Sangal, CEO,
Santec Group, a member of, said, "We have been hugely benefited
by their services. We believe that their growth and achievements are
tremendous. We wish the entire team good luck."

Echoing Mr. Sangal's wishes, Mr. Sunil Jain, Owner, Chemisynth, another
member of shared, "We, Chemisynth, have been a member of their
caravan for a large part of their journey so far. Our new venture TRISIS CORP
also joined a few years ago. We wish IndiaMART further giant strides in its
march towards bringing businesses closer and reaping the benefits of the
great Internet revolution."

Over the years, has received numerous accolades and
recognition including Red Herring 100 Asia and Emerging India in 2008.
Currently, over 85% Indian SMEs prefer as per Internet and
Mobile Association of India study on ICT adoption amongst MSMEs in India.

About 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 by Mr. Dinesh Agarwal (CEO), the company has a pan-India presence
in over 100 cities. With over 4000 employees located across 75 offices in the
country, offers an extensive range of value- added products and
services to its 1 million registered members and nearly 5 million global
buyers across various industries and verticals. has won numerous awards over the years and has been widely
covered by several media for its pioneering role in promoting SME business in
the country. Its existing investors include Intel Capital and Bennett,
Coleman & Co. Ltd.

For more information, please visit:

    Media Contacts
    Pawandeep Kaur
    Manager - PR
    T: +91-120-3911000
    F: +91-120-2424943

Media Contacts: Pawandeep Kaur, Manager - PR, T: +91-120-3911000, F: +91-120-2424943, E: pr at

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