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IndiaMART
IndiaMART InterMESH Ltd is an Indian e-commerce company headquartered in Noida. It provides B2B and customer to customer sales services via its web portal. a business-to-business portal to connect Indian manufacturers with buyers. History IndiaMART was launched in 1996 as a directory of the websites for customers in the Delhi-NCR region by two cousins Dinesh Agarwal and Brijesh Agrawal. At that time India had only 15,000 internet users. By 1999, the directory had more than 1000 listings. After overcoming the dot-com bust, in 2008–09 when the recession hit the US, the company decided to pivot the focus from export oriented business to India-focused B2B market and raised $10 million in Series A round funding from Intel Capital, a part of which was invested in IndiaMART, One97 Communications and Global Talent Track. In November 2014, IndiaMART started promotional campaigns featuring Indian film actor Irrfan Khan as its brand ambassador. In March 2016, it raised Series C Fund ...
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Dinesh Agarwal
Dinesh Agarwal (born 19 February 1969) is an Indian entrepreneur, founder and CEO of IndiaMART, an online B2B marketplace in India. Early life and education After completing an engineering degree with a specialization in computer science from Harcourt Butler Technological Institute, Kanpur Kanpur or Cawnpore ( /kɑːnˈpʊər/ pronunciation (help·info)) is an industrial city in the central-western part of the state of Uttar Pradesh, India. Founded in 1207, Kanpur became one of the most important commercial and military stations o ..., he worked with several firms. Early career Dinesh first started working at CMC (now part of TCS) where he worked on the first Railway reservation system and later joined Sam Pitroda and his team at the Center for Development of Telematics to develop an indigenous digital telephone exchange for India. In 1992, Dinesh moved to HCL in the US, to set up offices on the East Coast. There he saw the birth of the internet in America, realized ...
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ProcMart
ProcMart is an Indian B2B e-commerce and supply chain company involved in procuring and supplying Safety items. Anish Popli is the founder and CEO of the company. The company is headquartered in Noida, Uttar Pradesh, India and has 6 fulfillment centers across major cities like New Delhi, Pune, Bangalore, Chennai, Ahmedabad, Goa, Bhubaneswar and Secunderabad. History ProcMart was founded by Anish Popli in 2015. He graduated from NIT Trichy and spent 4.5 years working at Bharat Heavy Electricals in the project engineering management department. He is also alumnus of IIM Lucknow. Few months after launch, the company expanded its portfolio to cover over 20 categories and over 300 brands. Indian e-commerce company IndiaMART invested in ProcMart in 2016. After investing Indiamart, the company revenue reached Rs 100 crore. ProcMart raised $10mn series A funding led by Sixth Sense Ventures in 2021. Shashank Naharas appointed as senior vice president, Asia Pacific of ProcMart in May 202 ...
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One97 Communications
One97 Communications (OCL) is the parent entity of leading Indian mobile payments and financial services company Paytm , headquartered in Noida, India. It was founded in 2000 by Vijay Shekhar Sharma. In July 2021, the company filed the offer document for the largest ever initial public offering (IPO) in India’s history. It was listed on Indian stock exchanges on November 8, 2021. Through its network of subsidiaries and businesses, the company offers a range of digital payment and financial services to consumers and merchants in India. It also provides mobile advertising, marketing and payments for merchants. History One97 Communications Limited was founded in 2000 by Vijay Shekhar Sharma in New Delhi. The company is headquartered in Noida, India. It launched Paytm in 2009 as a digital payments platform to facilitate cashless payments. It owns various businesses and subsidiaries – Paytm Payments Bank, Paytm Payments Gateway, Paytm Payout, Paytm Money, Paytm Insider, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Lakh
A lakh (; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000. For example, in India, 150,000 rupees becomes 1.5 ''lakh'' rupees, written as 1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English. Usage In Indian English, the word is used both as an attributive and non-attributive noun with either an unmarked or marked ("-s") plural, respectively. For example: "1 ''lakh'' people"; "''lakhs'' of people"; "20 ''lakh'' rupees"; "''lakhs'' of rupees". In the abbreviated form, usage such as "5L" or "5 lac" (for "5 ''lakh'' rupees") is common. In this system of numeration, 100 ''lakh'' is called one '' crore'' and is equa ...
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Angel Broking
Angel One Limited, formerly known as Angel Broking Limited, is an Indian stockbroker firm established in 1996. The company is a member of the Bombay Stock Exchange, National Stock Exchange of India, NCDEX, National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange, Multi Commodity Exchange of India Limited. It is a depository participant with Central Depository Services Limited, Central Depository Services Limited (CDSL). History Angel Broking was incorporated on 8 August 1996 as a private limited company. Later, Angel Broking was incorporated as a wealth management, retail and corporate broking firm in september, 1997. In November 1998, Angel Capital and Debt Market Ltd. gained membership of National Stock Exchange of India, National Stock Exchange as a legal entity. The company opened its commodity broking Division in April, 2004. In November 2007, Birla Sun Life Insurance joined hands with Angel Broking for distribution of its insurance products. The ...
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KPMG
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and t ...
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Premiership Of Narendra Modi
The premiership of Narendra Modi began on 26 May 2014 with his swearing-in as the prime minister of India at the Rashtrapati Bhavan. He became the 14th Prime Minister of India, succeeding Manmohan Singh of the Indian National Congress. Modi's first cabinet consisted of 45 ministers, 25 fewer than the previous United Progressive Alliance government. 21 ministers were added to the council of ministers on 9 November 2014. In 2019, he was elected as the prime minister of India for the second time and sworn in at the Rashtrapati Bhavan on 30 May 2019. His second cabinet consisted of 54 ministers and initially had 51 ministers, which was expanded to 77 ministers during a reshuffle on 7 July 2021. His premiership has, to a considerable extent, practiced high command culture. Under Modi's premiership, India has experienced democratic backsliding. Economic policies Overall The economic policies of Modi's government focused on privatization and liberalization of the economy, bas ...
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B2b E-Marketplace
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other technologi ...
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Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the 8th largest stock exchange with an overall market capitalisation in the world with more than ₹276.713 lakh crore, as of January 2022. Unlike countries like the United States where nearly 70% of the country's GDP is derived from large companies in the corporate sector like Apple and Tesla, the corporate sector in India accounts for only 12–14% of the national GDP (as of October 2016). Of these only 7,400 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, which derives most of its income-related activity from the unorganized sector and household spe ...
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National Stock Exchange Of India
National Stock Exchange of India Limited (NSE) is the leading stock exchange under the ownership of various group of domestic and global financial institutions, public and privately owned entities and individuals. It is located in Mumbai, Maharashtra. It is the world’s largest derivatives exchange in 2021 by number of contracts traded based on the statistics maintained by Futures Industry Association (FIA), a derivatives trade body. NSE is ranked 4th in the world in cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for the calendar year 2021. It is under the ownership of some leading financial institutions, banks, and insurance companies. NSE was established in 1992 as the first dematerialized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system that offered easy trading facilities to investors spread across the leng ...
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