Tag: IndiaMART

IndiaMART wins big at the 14th India Digital Awards

INDIA MART DIGITAL AWARD

New Delhi, 6 th March 2024 – IndiaMART, India’s largest online B2B marketplace, is pleased to declare its resounding success at the 14 th India Digital Awards. This event recognized IndiaMART’s achievements by bestowing upon the company, two awards in distinct categories. “Best Enterprise Product or Service” was awarded for its mobile website, and “Best SaaS Product for Digital Marketing” was awarded for its unique Lead Manager System that enables conversational commerce for its 78 Lakh sellers and 18 crore buyers.

 Speaking on the achievement, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART said, “We are elated to receive this recognition as it reaffirms our dedication to consistent innovation and our cutting-edge work across conversational commerce,  AI, ML, etc. These accolades, along with our past recognitions as the best mobile app and the best business app,  motivate us to continuously improve our offerings and reinforce our commitment towards making doing business easy for all.”

 The company’s triumph at the 14 th India Digital Awards is evidence of its ongoing commitment to innovation, excellence, and customer-focused solutions. These awards solidify IndiaMART’s standing as an industry trailblazer, setting new standards and maintaining its commitment to delivering outstanding digital products and services to its
diverse user base.

Bajaj Consumer Care Joins hand with IndiaMART, to enhance their digital presence in B2B market segment

IndiaMART InterMesh Ltd., today announced that Bajaj Consumer Care has engaged the services of IndiaMART platform to target potential customers of FMCG products range in the B2B category.

On this development, Mr Jaideep Nandi, MD, Bajaj Consumer Care Ltd. said, “Looking at the current trend of increasing consumer traction on the e-commerce platforms due to the coronavirus pandemic, it is the right time to expand our footprints into online B2B consumer market segment. Today, IndiaMART is the go-to marketplace for all types of businesses with a pan India coverage. Hence post joining hands with IndiaMART we are looking forward to targeting high intent B2B audience. We are hopeful to strengthen the online reach and visibility of Bajaj Consumer Care FMCG products with the increased digital presence.”

IndiaMART is the largest B2B online marketplace in the country with over 100 million registered users. IndiaMART exploits the latest in technology like artificial intelligence, machine learning and data analytics to leverage the robust behavioural matchmaking that connects suppliers with relevant buyers and vice versa, helping businesses to scale up with increased exposure on India’s largest online marketplace.

The e-commerce sector in India has witnessed tremendous growth in recent years, and the pandemic has brought in a new wave of consumers looking for contactless buying. The rising internet and mobile penetration in India have resulted in the rapid adoption of the e-commerce model of business and it is estimated to become a $230 billion industry by 2028 accounting for almost 10% of the retail market.

Speaking on this development, Mr. Dinesh Gulati, COO, IndiaMART InterMESH Ltd., said, “Enterprises all over the world are looking to explore digital channels to expand their reach and visibility to target new customer bases not serviced directly through existing sales and distribution networks. Online has become the new norm especially post the Coronavirus outbreak, wherein the businesses are trying to explore the digital way of doing business. IndiaMART provides an enabling marketplace and a large ecosystem to buyers and sellers to expand their reach and penetration.”

He further stated, “In the last six months we’ve witnessed above 40% growth in buyer traffic for consumer care products such as hair oil, face creams and sunscreen, and over 100% for hand sanitizer. This association will enable Bajaj Consumer Care with an alternate sales channel to reach high intent buyers easily.”

Today, more and more businesses are utilizing digital mediums for generating leads backed with insights into the consumer mindscape. Digital platforms like IndiaMART provide a significant understanding of the way people are engaging online for enquiries, purchase decision making and sales. Several enterprises are already generating leads from potential buyers through IndiaMART’s Enterprise Solutions initiative, thus unlocking the digital way of doing business. Today, more than 350+ leading brands across major industries like Healthcare, Construction Equipment, Oil & Lubricants, Generators, Commercial ACs, Farm Equipment, Hand and Power tools, Commercial Vehicles are executing plans to generate incremental business growth through their association with IndiaMART.

Atlas Copco leverages IndiaMART platform to Generate Leads from Underserviced Markets

Chennai, 17th August 2020: Atlas Copco has engaged services of IndiaMART marketplace to target potential customers by leveraging the platform which is a one-stop-shop for all business needs. Speaking on the significant development, Mr Chandrashekhar Pathak, Business Line Manager, General Industry Division, Atlas Copco Tools & Assembly Systems, said “We are focused to increase our presence in the remotest parts of the country. Partnering with IndiaMART would help us in increasing our visibility, reach and in generating business inquiries from tier 1, tier 2 towns in addition to metros.”

As brands started realising the power of a digital channel as a pertinent enabler to scale their business, more and more brands were encouraged to explore the domain. IndiaMART, an easy-to-use platform with an audience from various industry segments coupled with its AI and ML-driven behavioural matchmaking and tech-enabled simplified solutions, helps enterprises in garnering high-quality leads.

“IndiaMART is a marketplace for all types of businesses with an unmatchable scale. Hence post joining hands with IndiaMART we are looking forward to targeting high intent audience hailing from various industry segments like aerospace, automotive, general assembly, energy, oil and gas etc. It would also help us in understanding the customer requirements, behaviour and in suggesting an optimized solution that would increase the value for our customers”, Mr Pathak added.

In today’s world enterprises are increasingly looking to explore B2B digital channels to expand their reach and visibility in order to target new customers bases, which are unserviced directly through existing sales and distribution networks. IndiaMART a pioneer in B2B digital e-commerce with over 60% market share in the segment, provides an enabling marketplace to businesses to expand their reach. With this, the platform has evolved into a one-stop destination for all businesses.

Commenting on the growing trend towards digitization among established corporate brands, Dinesh Gulati, COO, IndiaMART, said “Leading brands started realizing the power of a digital platform, especially in the COVID times when leveraging online channels have become a basic prerequisite for all businesses. We’ve always aimed at being instrumental in not only opening a new channel for business promotions, lead generation and a platform to widen reach but also in hand-holding businesses to smoothen the transition from offline to the online medium. We will continue to work and employ new-age technologies to ensure that enterprises garner exponential growth, by deploying IndiaMART’s digital channel which will help them not only in penetrating better into existing markets and in opening new markets for growth, but also in tapping the online medium with ease during this crisis in which we all are in.”

Today, businesses are utilizing digital mediums for generating leads backed with insights into the consumer mindscape. Digital platforms like IndiaMART provide a significant understanding of the way people are engaging online for enquiries, purchase decision making and sales.

Several enterprises have already expanded their business through IndiaMART’s Enterprise Solutions initiative, thus unlocking the digital way of doing business. Today, more than 350 leading brands across major industries like Building & Construction, Commercial Vehicles, Agriculture & Farming, Material Handling Machines & Systems, Hand & Machine Tools, Healthcare Equipments & Supplies, and Oil & Lubricants have partnered with IndiaMART and are witnessing business growth.