Mumbai, June 12, 2000 - Indiainfo.com today announced the formal launch of their Business to Business (B2B) portal, esourceindia.com. esourceindia.com is India's largest B2B marketplace. It is a comprehensive sourcing site that caters to every type of business requirement, and takes the entire procurement process online. Vendors can now attract buyers, display products, submit quotations, negotiate prices and sell via the Internet, while customers can shortlist vendors, select products and generate Purchase Orders online. In effect, esourceindia.com, can be considered as an effective extension of an organization's sales force.

"We have always aimed to make Indiainfo.com Pvt. Ltd. a comprehensive portal network and not just a B2C portal. It therefore made sense, as part of our service offering to provide our users with a comprehensive B2B section. The esourceindia.com research and content team has done a phenomenal job in developing a section that is both convenient to use and extremely beneficial to the target audience, " said Mr. VSS, Mani President, Business Development, Indiainfo.com.

The Purchasing Centre helps business buyers procure a varied range of products from a diverse group of suppliers via the Internet. esourceindia.com's detailed directory of suppliers and products helps buyers zero-in on desired products in minutes. Any type of equipment, supplies, training materials and pricing can be viewed instantly, online.

"esourceindia.com streamlines this entire process by reducing lead times between activities. It speeds up information flow, thereby reducing transaction times. It also provides data on participating companies, products, prices, updates on special offers, and discounts that can be accessed instantly. Furthermore, a buyer can also request for additional information on the company or products that interest him, and access this data directly from the manufacturers," said Mr Mani.

With esourceindia.com, a buyer can compare quotes from upto 10 vendors at a time. This optimizes decision-making and speeds up the procurement process. All transactions through esourceindia.com are automatically recorded online for instant retrieval and analysis anytime. Therefore, there is no need for cumbersome paperwork, filing and maintenance of physical records. Buyers can also drastically reduce the time and cost it takes to complete an order by simply pointing and clicking online.

esourceindia.com facilitates sale of products to the numerous business buyers who visit the site everyday through its enlarged customer base, which in turn multiplies an organization's access to qualified buyers, its streamline distribution and the facility to make products available throughout the year.

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