Mumbai 4th October 2000: Indiainfo.com, India's premier horizontal portal, today announced its tie up with Mumbai-based Baazee.com, the country's leading consumer facing online auction site.

Baazee.com, a person-to-person trading community on the internet where anyone can sell or buy almost anything, anytime will now act as channel partners for auctions on Indiainfo.com. The tie-up is purely a fee-based deal and no equity participation is involved.

Commenting on this tie, Madhu Kodali, Chief Executive Officer, Indiainfo.com said, "Baazee.com is one of the most popular site for auctions. By partnering with them we can offer yet another popular community based feature for our registered users as well as the potential users to our site. "

Said Gautam Thakar, Chief Marketing Officer, Baazee.com, "Our strategic alliance with India's leading portal Indiainfo.com, will enable many more Indian consumers to participate in online auctions. Jointly, we will be able to provide the consumer with a more wholesome experience on the internet."

Indiainfo.com - India - The way You want it!

About Indiainfo.com:

India's premier portal, Indiainfo.com offers services that include search engines, directories, multi-linguistic content, community products such as e-mail, chat, message boards, and e-commerce products. Affiliate sites, accessible through the flagship Indiainfo.com portal, include careerindia.com, thatscricket.com, musicurry.com, musicracks.com, and evesindia.com.

Indiainfo.com also offers unique services that include comprehensive personalization of all content on the site, the option for a business to list their products online at 'The Mall', online purchase of an exhaustive range of office stationery through Office Racks, and also extensive content in various Indian languages through their multi-linguistic portals.

Indiainfo.com is a comprehensive internet solution and service provider, offering a portal network, advertising network, e-commerce products addressing both B2B and B2C markets, and internet services including hosting, connectivity and development services. Indiainfo.com currently employs 900 people in both India and the US, including Mumbai, Bangalore, Hyderabad, New Delhi, Chennai, Ahmedabad, New Jersey and New York.

About Baazee.com

Baazee.com India Pvt. Ltd, baazee.com India Pvt. Ltd, a subsidiary of the New York based Baazee.com, Inc. is a comprehensive online consumer-facing auctions website that provides Indian Internet users with a platform to participate in the purest form of e-commerce (buying and selling of consumer products) through online auctions. Headquartered in Mumbai, the company has ten other offices across the country and employees over 100 professionals.

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