IndiaMART InterMESH Ltd. - IndiaMART.Com Wins “Red Herring 100 Asia” Award

New Delhi, December 8, 2008 — IndiaMART.com, India’s better online B2B marketplace, has won the coveted “Red Herring 100 Asia” award. This recognizes IndiaMART.com in the 100 a lot of avant-garde clandestine technology companies based in Asia.

Accepting the award, Dinesh Agarwal, Founder & CEO of IndiaMART.com, has said, “We are accustomed to accept won this celebrated accolade for our role in transforming online B2B mural in India. This recognizes the success and harder plan of IndiaMART.com aggregation to date. We aswell like to allotment this accolade with our applicant and supplier members, whose success at application the ability of our online B2B exchange to affix with business ally worldwide, drive sales and tap new markets has set a new era in online B2B space.”

The Red Herring 100 Asia is an absolute accident anniversary 100 cutting-edge clandestine technology firms from Asia. The winners were called from added than 1,000 companies based in 16 countries including China, India, Japan, Singapore, Korea, Australia and Vietnam. The nominees for the awards were evaluated on both quantitative and qualitative belief such as banking performance, technology innovation, above of management, beheading of strategy, and affiliation into their ecosystem.

“Our winners and Finalists authenticate that Asia is added acceptable a baton in innovation, adverse to accepted stereotypes," said Joel Dreyfuss, editor-in-chief of Red Herring." It was boxy to accept just the top 100 finalists from such a ample account of accomplished contenders, and we are actual blessed with the above of the companies we called as finalists."

The 100 acceptable companies were appear at the Red Herring Asia accident in Hong Kong on Dec 03. The CEOs of the acceptable startups presented their avant-garde account and technologies to an admirers of arch entrepreneurs, financiers, and accumulated strategists at an accident captivated at the Hong Kong JW Marriott Hotel beforehand this week.

About IndiaMART.com
IndiaMART.com is India's better online B2B exchange bringing Indian suppliers and all-embracing buyers together. Established in 1996, IndiaMART.com is an ISO certified aggregation with advanced web-development centermost which is one of the better in the world. With 900 advisers and a arrangement of 29 offices pan-India, IndiaMART.com offers amount account to its 500,000 associates and over 5 actor all-around buyers.

With endure banking year revenues at US$ 9.5 actor the aggregation has developed at over 50% CAGR for the endure 5 years. IndiaMART.com has been assisting all through the twelve years of its operations. IndiaMART's online success has been broadly accustomed by media such as CNBC, BBC, Business Money, CNN, Businessworld, Economic Times, Financial Express etc. Amongst its investors stands alpine the Bennett, Coleman & Co. Ltd. (Times of India Group), India's better book media accumulation that has fabricated a cardinal investment in IndiaMART.com in 2006.

Reference URLs:
www.indiamart.com/press-section/

About Red Herring
Red Herring is a all-around media company, which unites the world’s best top technology innovators, adventure investors and business accommodation makers in a array of forums: a arch addition magazine, an online circadian technology account service, technology newsletters and above contest for technology leaders about the globe. Red Herring provides an insider’s acceptance to the all-around addition economy, featuring unparalleled insights on the arising technologies active the economy. More advice about Red Herring is accessible on the Internet at www.redherring.com.

IndiaMART.com Contact:
Arun Tyagi
Marketing & PR
Mobile: +91-9711003832
Phone: +91-120-4000600, 3911000
Email: aruntyagi@indiamart.com

Red Herring Contact:
Anam Alpenia
Red Herring, Inc.
Phone: 650-428-2900
Email: aalpenia@redherring.com

IndiaMART InterMESH Limited

IndiaMART InterMESH Limited
B-1, Sector 8, Noida-201301, UP.