IndiaMART.com Launches FREE Tenders Service

NEW DELHI, November 12 -

    - IndiaMART.com launches first of its kind free tenders service.
    - Comprehensive database of over 50,000 live tenders.
    - tenders.indiamart.com/ to have detailed information on
      government and private tenders from all across India.
    - This is IndiaMART.com's second such service after hugely successful
      IndiaMART Sourcing Guides.

After its hugely successful venture into print media (sourcing guides),
IndiaMART.com has now taken a major step in turning another business model
upside down. Tenders, which could earlier be accessed only after making a
payment, is now available absolutely FREE on IndiaMART.com.

IndiaMART.com has always been known for its path breaking initiatives to
make business opportunities look incredibly lucrative.
tenders.indiamart.com/ has now become India's first-ever FREE tender
notification service portal that provides latest information on tenders
floated by various government and private agencies across India. About 50,000
live tender alerts from all across India are provided from this platform and
revenue is generated from the advertising on the portal.

The step is expected to create a strong ripple effect in the industry and
across business users of the service. Mr. Dinesh Agarwal, Founder & CEO,
IndiaMART.com has no problem vouching for this ingenious business model and
says, "We at IndiaMART.com have always provided our customers the best
business services to choose from. We are committed to helping small
businesses by all means possible and wish to play a catalyst's role in their
growth. I am sure the free tender service will benefit all such organizations
who use tenders as instruments for their business growth." IndiaMART.com
which recently got acclaimed as India's best known and most preferred B2B
marketplace by Internet and Mobile Association of India (IAMAI), plans to
update the tenders section on daily basis, helping all business users to
fully rely on the service.

The news has been widely welcomed by IndiaMART's members. Praising the
initiative, Mr. Akhilesh Gupta, an IndiaMART member, says, "I have been an
IndiaMART member since the past six years and have always seen IndiaMART
going the extra mile to help its members. Their tailor-made solutions do add
tremendous value to our business. The free tender service is a big benefit
for users like me and will save a lot of time and cost in growing our
business."

About IndiaMART.com

IndiaMART.com 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 in 1996, the company has a presence in over 100 cities pan-India.
With approximately 1000 employees, IndiaMART.com offers an extensive range of
value-added products and services to over 500,000 members and over 5 million
global buyers across industries and verticals.

IndiaMART.com has won numerous awards over the years including Red
Herring 100 Asia & Emerging India and the company has been widely covered by
media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times,
Financial Express, etc. Its existing investors include Intel Capital and
Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit:
www.indiamart.com/press-section/

    Media Contact:
    IndiaMART.com
    Arun Tyagi
    Marketing and PR
    M : +91-9711003832
    T : +91-120-3911000
    F : +91-120-2424943
    E : pr@indiamart.com

Media Contact: IndiaMART.com, Arun Tyagi, Marketing and PR, M : +91-9711003832, T : +91-120-3911000, F : +91-120-2424943, E : pr at indiamart.com