Released on: July 2, 2008, 11:53 pm

Press Release Author: Indiamart InterMESH Ltd.

Industry: Internet & Online

Press Release Summary: - IndiaMART.com nominated for India\'s Biggest Business Awards
for Small and Medium Enterprises
- Stands tall amongst the top three positions in the Trading (non-retail) category
- India\'s largest initiative for Small and Medium Enterprises goes to London for the
first time
- Mr. L N Mittal, Chairman and CEO, Mittal Steel will grace the award ceremony

Press Release Body: New Delhi, July 1, 2008: In its successive fourth year, India\'s
biggest initiative for Small and Medium Enterprises Sector, \'Emerging India Awards
2008\' creates a global mark with its theme \'Think Global Go Global\'. The awards are
jointly organized by ICICI Bank and CNBC TV 18 to honor India\'s most globally
competitive SMEs. CRISIL, the nations leading credit rating agency, is managing the
evaluation process. The Emerging India Awards London- 2008 felicitation ceremony for
the winning SMEs is scheduled for July 8, 2008 in London where the Honorable Chief
Guest Mr. L N Mittal, Chairman and CEO, Mittal Steel will felicitate the winners.

The award ceremony will be graced by stalwarts like Rt. Hon John Hutton MP,
Secretary of State for Business, Enterprise and Regulatory Reform and Mr. Kamal
Nath, Minister of Commerce & Industry, Government of India, who will felicitate some
of the winners from the 17 categories.

CNBC-TV18 India\'s leading business medium and ICICI Bank announced the 4th \'Emerging
India Awards London- 2008\' powered by CRISIL. Small and Medium Enterprises are often
hailed as being the drivers of economic growth. \'Emerging India Awards\' this year
will recognize and reward India\'s most globally competitive SMEs whose business
practices are at par with global giants. The initiative aims at recognizing the most
sustainable Value Creators among SMEs in the country. It is estimated that SMEs
account for almost 90% of industrial units in India, 40% of value addition in the
manufacturing sector and contribute 35% to India\'s merchandise exports. CNBC-TV18
\'Emerging India Awards London 2008\' will provide a platform that enhances the
visibility of these integral players in India\'s economic growth story.

Combating the tough competition from nominees under the category of Trading
(non-retail), IndiaMART.com, India\'s largest online B2B marketplace has been short
listed amongst the top three companies along with Aptivaa Consulting Solutions
Private Limited and Molecular Connections Private Limited. \"We are honored to be
amongst the top 3 companies in our category. It is highly satisfying that our
efforts to put Indian suppliers on the global map have been recognized. Emerging
India Awards has become a platform of repute to showcase India\'s best SMEs, and we
are happy that we have been recognized by them\", says Dinesh Agarwal, Founder & CEO,
IndiaMART.com

Commenting on the awards Mr. Neel Chowdhury, Vice President, Marketing CNBC-TV18,
CNBC Awaaz said \"The Emerging India Awards has become not just the benchmark for
recognizing the best performing enterprises from the SME space but it has also
emerged as India\'s (and one of the world\'s) largest business awards! We are
extremely proud to partner with ICICI Bank in this initiative. What is also
extremely heartening that SMEs are raring to go and willing to take on challenges &
opportunities thrown in by globalization with Think Global Go Global! We will
continue to take up the SME cause at the CNBC TV18 network.\"

CNBC-TV18 and ICICI Bank \'Emerging India Awards\' is India\'s foremost initiative
powered by the capability of shaping the future of Indian SMEs, and have been
acknowledged as India\'s biggest business award by the Limca Book of Records.

About IndiaMART.com
IndiaMART.com is India\'s largest online B2B marketplace bringing Indian suppliers
and international buyers together. Established in 1996, IndiaMART.com is an ISO
certified company with state-of-the-art web-development center which is one of the
largest in the world. With 900 employees and a network of 29 offices pan-India,
IndiaMART.com offers value service to its 500,000 members and over 5 million global
buyers.

With last financial year revenues at US$ 9.5 million the company has grown at over
50% CAGR for the last 5 years. IndiaMART.com has been profitable all through the
twelve years of its operations. IndiaMART\'s online success has been widely
acknowledged by media such as CNBC, BBC, Business Money, CNN, Businessworld,
Economic Times, Financial Express etc. Amongst its investors stands tall the
Bennett, Coleman & Co. Ltd. (Times of India Group), India\'s largest print media
group that has made a strategic investment in IndiaMART.com in 2006.

About CNBC TV 18
CNBC-TV18 is the undisputed leader in the business. The channel\'s benchmark coverage
extends from corporate news, financial markets coverage, expert perspective on
investing and management to industry verticals and beyond. CNBC-TV18 has been
constantly innovating with new genres of programming that helps make business more
relevant to different constituencies across India. CNBC-TV18 is currently available
in over 30 million households in India

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Contact Details: Arun Tyagi
Marketing & PR
Email: aruntyagi@indiamart.com
Mobile: +91- 9711003832
Phone: +91- 120 - 3911000 (Extn. 531)