IndiaMART Introduces SmartSearch for B2B Buyers

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-IndiaMART introduces SmartSearch. A realtime filter that allows buyers to search for suppliers near their base of operations -Buyers are also able to see density of suppliers by city in case they would like to browse by top supplier cities

New Delhi, India., March 15, 2013 - (PressReleasePoint) -IndiaMART.com India's largest online B2B marketplace, introduces SmartSearch to its B2B portal to enable buyers search for suppliers in a fast and effective manner.

The new feature, available on both IndiaMART search and Directory pages enables buyers to search for relevant supplier products and services within 100kms of their preferred location. This will help businesses in discovering the right Small and Medium Enterprises (SMEs) located even at the remotest of location and assist them in connecting with the company.

Speaking about the new SmartSearch option, Mr. Dinesh Agarwal, Founder & CEO, IndaMART.com, said, “Internal research has shown that Indian B2B buyers prefer to transact first in the near vicinity of their premises and then expanding outwards as it saves logistical costs. One of the primary functions of a directory is to provide fast and relevant results. No one has the time to go through multiple pages of supplier data to find out who fits their location preference and hence the need for SmartSearch.”

A person looking for ‘agricultural equipment’ from Jamnagar in Gujarat, will get a result showing businesses from Jamnagar and Rajkot, which falls within the 100 km radius. In addition it also highlights the top 25 cities with the most suppliers. The tool is extremely helpful in situations where no supplier is available within your desired location because in such cases it shares the nearest options. This could help buyers look for dense supplier geographies which could further help in better prices (due to greater competition).

About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace for Small & Medium Size Businesses, connecting global buyers with suppliers. The company offers a platform & tools to over 1.2 million suppliers to generate business leads from over 6.5 million buyers, who use the platform to find reliable & competitive suppliers. The company has over 2800 employees located across 60+ offices in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd.

Products & Services
IndiaMART.com offers products that enable small & medium size businesses generate business leads (online catalogs/store-fronts), establish their credibility (third party verified trust profile) and use business information (finance, news, trade shows, tenders) for their business promotion.

For more information, please visit: www.indiamart.com/corporate/press-section.html

Media Contacts
Vidhi Malla
Manager - Corporate Communication
T: +(91)-(011)-30908654
F: +(91)-(0120)-3911010
E: corpcomm@indiamart.com