Infibeam, India’s first listed e-commerce company has created a benchmark record of registering over 40,000 domain names in a single day.
According to the official statement, the company which runs a unique business model with a mix of Infibeam shopping destination and Infibeam Web Services and country’s first generic top-level domain (GTLD) Registry .OOO have created a record of registering over 40,000 domain names in a single day, as per an official statement.
With over 1.15 lakh total registrations, company has secured top position in new GTLD club within India and in top 50 new GTLD club globally.
Infibeam’s .OOO is one of the first generic top-level domain (GTLD) Registry operational in India after bagging necessary clearances and license from The Internet Corporation for Assigned Names and Numbers (ICANN).
Interestingly, the registry business places Infibeam at a very strong position, designed as an alternative to .com and tailor-made for large-scale usage in emerging markets.
Infibeam has ventured into Registry Registrar Agreement (RRA’s) with leading names to make .OOO available to customers worldwide.
Earlier the company has acquired 100% stakes in the tech solutions company of Snapdeal, Unicommerce. Interestingly, this month Infibeam forayed into the Middle East market with its payment gateway platform by acquiring Dubai-based Vavian International.
Though Infibeam is not comparable to Flipkart or Amazon in terms of scale, yet it is one of the few profitable e-commerce companies in India that has the potential to make it big in the dynamic retail landscape.