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Industry | Internet Marketing |
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Founded | 1996 |
Founder | Bikky Khosla |
Headquarters | , |
Area served | Worldwide |
Key people | Sandip Chhettri (CEO) |
Website | www |
TradeIndia is an online Business to Business (B2B) portal [1] for small businesses based in India and around the globe. The portal was started in 1996 by Bikky Khosla and is maintained and promoted under the flagship company, Infocom Network Ltd. [2] The company is headquartered in New Delhi, India, and has branch offices in 35 cities [3] across India. It employs over 1200 professionals.
The company has published Exporters Yellow Pages since 7 September 1990 and in 1996 started the web portal tradeindia.com [4] to provide online directory services to the global export-import community.
The initial investment of $1.7 million [5] was made in Infocom Network Ltd. in 2001 by Vinod Khosla, an Indian-born California-based venture capitalist and elder brother of Bikky Khosla. [6]
The portal provides information about Indian and global sellers and buyers with over 12,000 product categories and sub-categories. [7] The main products and services offered by the portal include online business catalogs, DialB2B, [8] [9] Trade Alerts, Call Me Free Service, credit reports [10] and trade leads. The portal has a separate section on trade shows and the company regularly participates in global and domestic trade shows. The portal also has a special mobile-optimised version for mobile phone users. [11] [12]
In 2009, the company launched two vertical portals to cater to the business requirements of SMEs – one a news-based portal called SMETtimes [13] [14] [15] and the other a separate section [16] showcasing suppliers from China. The portal claims to be the first Indian B2B portal to have more than 3 million registered users, of which over 2 million are SMEs.
The portal offers an Indianised Domain Name Booking service developed by VeriSign. [17]
In April 2013, the company has signed a Memorandum of Understanding (MoU) with the Department of International Trade Promotion (DITP) of the Ministry of Commerce of Thailand, to boost Indo-Thai bilateral trade. [23] TradeIndia is also associated with Google as their premier SME partner. [24] [25] Previously, TradeIndia had signed a Memorandum of Understanding with the Korea International Trade Association(KITA) [26] to promote SMEs and partnered [2] with Global Sources in organising the Machinery & Industrial Supplies Fair.
E-commerce is the activity of electronically buying or selling 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 the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry.
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an exporter; the foreign buyers is an importer. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights.
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Bikky Khosla is an entrepreneur and founder of tradeindia.com. He is the younger brother of Vinod Khosla, an Indian venture capitalist. Presently, he is chairman of the e-commerce committee of ASSOCHAM and had served in the same capacity for ASSOCHAM SME's Expert Committee in the past. He is also editor of SME Times, a business news website and is associated with Indian Angel Network, a network of investors that invests in early stage businesses.
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Preeti Malhotra has been the Chairman of the Smart Bharat Group, a diversified conglomerate, with interests in reality, hospitality, entertainment, preventive healthcare, finance and also venturing into new age projects. This is a part of Smart Group which has its footprint across India, China, ASEAN, Middle-East, USA, UK and Africa. Preeti also serves as a director on the board of several group of companies.
Swati Ajay Piramal is an Indian scientist and industrialist, and is involved in healthcare, focusing on public health and innovation. She is the vice chairperson of Piramal Group, a business conglomerate with interests in pharmaceuticals, financial services, real estate and glass packaging.
IndiaMART InterMESH Ltd is an Indian e-commerce company headquartered in Noida which has been listed as a "notorious market" since 2018 by the USTR for selling counterfeit products and illegal pharmaceuticals. It provides B2B and customer to customer sales services via its web portal. The company began in 1996 when Dinesh Agarwal and Brijesh Agrawal founded the website IndiaMART.com, a business-to-business portal to connect Indian manufacturers with buyers.
CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles. Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the customer relationship management tool AutoBiz.
Federation of Indian Export Organisations (FIEO) is the apex trade promotion organisation in India set up by the Ministry of Commerce, Government of India, and the private trade and industry segment in 1965. The organisation is responsible for representing and assisting Indian entrepreneurs and exporters in foreign markets.
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