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Indiamart becomes India’s Largest B2B Marketplace, Registered 100 Million Users

2Mar By PriyankaNo Comments

News

Indiamart becomes India’s Largest B2B Marketplace, Registered 100 Million Users

Leading B2B marketplace IndiaMART has seen a 10-fold increase in its user base over the past six years to achieve 100 million registered users on the platform. "We have aimed at making IndiaMART a one-stop-shop for all the business needs and have strived for curating a platform that is simple and convenient for millions of MSMEs in India," said Chief Operating Officer Dinesh Gulati. Nearly 36 per cent of the traffic on IndiaMART comes from metro cities and the remaining 64 per cent from tier one, tier two and smaller towns. "We have tried to show the masses the digital way of doing business. Going forward, we will keep investing in our platform with the use of voice, vernacular, artificial intelligence and machine learning that will further ease out doing business in India," said ...

31Jul By AnkitaNo Comments

ACQUISITION

SIS Eyeing To Acquire a Majority Stake in a Delhi-Based Company

Security and Intelligence Services (SIS), a security service provider based in New Delhi is eyeing to acquire a majority stake in another security management company for around Rs 300 crore. SIS is a BSE listed company and this acquisition will mark the very first acquisition by the security services provider that has created a war chest of around Rs 1,000 crore for acquisitions in the sector for next few years. “The deal is as good as done,” a banker close to the development stated. “SIS would have a controlling stake in the company that currently has a revenue of around Rs 400 crore,” he added. SIS is in advanced staged to take over the NCR based security and facility management company which hires around 15,000 people. However, the name of the company that is to...

Micromax and Panasonic Have Partnered With Reliance Jio For 90 Days Free Voice, Data Service

25Aug By AdityaNo Comments

News

Micromax and Panasonic Have Partnered With Reliance Jio For 90 Days Free Voice, Data Service

Micromax and Panasonic have partnered with telecom services firm Reliance Jio to provide free voice and data services for 90 days to smartphone buyers. Reliance Jio, which is expected to roll out commercial services in the coming months, has similar offers running in partnerships with Samsung and LG. "Under the terms of the Jio Preview Offer, consumers who purchase Micromax 4G smart devices will get Reliance Jio 4G SIM to get complementary access to unlimited HD Voice, Video calling, unlimited SMS, unlimited High-Speed Data services, and access to Jio Apps," Micromax Chief Marketing Officer Shubhajit Sen said. Micromaxs subsidiary YU also said buyers of any YU smartphone will get free voice and data services in the trial period with immediate effect. Panasonic India has also annou...

23Nov By AdityaNo Comments

Entrepreneurs Talk

After a Success Of Gadgetsguru.com, Arun Kapur new app called ‘ OK Sir ’ be present on a National platform soon

Arun Kapur, a technocrat and the founder of the highly successful e-commerce site gadgetsguru.com, talks about his latest e-offering ‘OK Sir’. OK Sir is an app that aggregates and makes available over 300 daily need and emergency service providers like key makers, plumbers, peons, tutors, nurses to helicopter joyrides on a single click. Excerpts from his vision of creating a single organised platform of assured employment for the unorganised sector, a secured and cost effective - standard pricing service platform for daily need services and providing a 24x7 platform with over 50,000 registered service providers. Q. Tell us about OK Sir? OK Sir is a daily need and emergency service based application that provides its users with over 300 services across categories and is available...