openPR Logo
Press release

'Company of the Year 2010' One97 Communications Ltd. To Go for an IPO

12-31-2010 10:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IndiaMART InterMESH Ltd.

-One97 Communications Ltd. receives IndiaMART Leader of Tomorrow Award in two categories -IT/ITES & Company of the Year
-Mr. Vijay Shekhar Sharma, CMD, One97 Communications Ltd. all set to take the company for an IPO

New Delhi, 30th December, 2010: One97 Communications Ltd. bagged the IndiaMART Leader of Tomorrow Award in IT/ITES/Telecom category and was also declared the Company of the Year at IndiaMART Leaders of Tomorrow Awards 2010 Ceremony held in New Delhi recently. The chief guest at the Awards Ceremony, Honourable Union Minister for Home Affairs Mr. P. Chidambaram congratulated and felicitated Mr. Vijay Shekhar Sharma, Chairman and Managing Director, One97 Communications Ltd. for his achievements. With the passion to succeed coupled with sharp business acumen, Mr. Sharma has steered the company to towering heights. Placed on a strong growth trajectory, the company is all set to launch its own Initial Public Offering (IPO) in the year 2011.

Mr. Vijay Shekhar Sharma was jubilant to win the coveted Award in two categories. On this occasion, he said, “We are honoured to receive this prestigious business award for MSMEs. It gives us great pride to be recognized by industry stalwarts for our performance over the past decade. The last decade has seen the emergence of a lot of outstanding companies who have also been strong contenders for this award and hence this becomes even more meaningful. I express my gratitude and admire the impressive manner in which & ET NOW have recognized and encouraged MSMEs in India who are now becoming a force to be reckoned with. I am glad that we are in process of fundraising through IPO plan and look forward to complete it soon."

Seeing One97 Communications Ltd. make giant strides, Mr. Dinesh Agarwal, Founder and CEO,, “Foreseeing great potential in the company, the Jury rightly bestowed upon them the title of 'Company of the Year' alongwith the Award for IT/ITES category. One97 Communications Ltd. is aggressively moving on the growth path which is evident from their decision to take the company for an IPO. I would like to congratulate Mr. Sharma on receiving the Awards and wish him luck for the IPO.”

Mr. Vijay Shekhar Sharma, aged 31, is the Chairman and Managing Director of One97 Communications Ltd. He has more than ten years of experience in the telecom and new media industries. He started his first venture 'XS Corps' while he was at college, which he sold to Lotus Interworks, LLC, New Jersey in 1999. Prior to founding the company in 2000, Mr. Sharma played key roles in a number of organisations such as Riverrun Software Services Group Limited, Inter Solutions Software Private Limited and Startec Global Communications Limited. His focus was on the design and development of various products and applications for technology, media and telecom industries. He holds a Bachelors degree in Engineering from Delhi College of Engineering.

About One97 Communications Ltd.
One97 Communications Ltd. is India's leading mobile value added service company. It's vision is to transform telecom networks into unrivaled media to deliver content, information and intelligent transactions to consumers worldwide. The company's innovative mobile content, messaging, commerce services and made-to-order network applications offer new revenue streams to telecom operators. Championing speed of delivery, One97 thrives on its widely deployed telecom applications service platform to deliver scalable, flexible and customized services. It is funded by Intel Capital (Mauritius) Limited, SAIF and SVB India Capital Partners.

About is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996 by Mr. Dinesh Agarwal (CEO), the company has a pan-India presence in over 100 cities. With over 2400 employees located across 55 offices in the country, offers an extensive range of value- added products and services to its 1 million registered members and nearly 5 million global buyers across various industries and verticals. has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit: &

About ET NOW
ET NOW, leverages the power of ‘Brand ET’ which has a five decade old heritage. ET NOW brings complete perspective to news with the most influential business minds, the biggest global voices bringing the global perspective. ET NOW is taking giant strides towards leadership, and with specific focus on news and analysis the channel is poised to become synonymous with Corporates and real time investors.

IndiaMART InterMESH Ltd
B-6, Sector-8

Media Contact
Pawandeep Kaur
Manager - PR
T: +91-120-3911000
F: +91-120-2424943

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 'Company of the Year 2010' One97 Communications Ltd. To Go for an IPO here

News-ID: 157017 • Views: 1630

More Releases from IndiaMART InterMESH Ltd.

Two-third SMEs expect business conditions to improve in the next quarter: IndiaM …
Two-third SMEs expect business conditions to improve in the next quarter: IndiaMART SME Sentiment Survey 2014 - IndiaMART launches SME Sentiment Survey 2014 - Reveals high optimism amongst SMEs for the coming quarter and financial year - Analyses other trends amongst SMEs such as exports, challenges and growth in 2013-14 New Delhi, May 20, 2014: Despite the present gloom in the economy, SMEs remain optimistic of the FY 2014-15 and expect high
IndiaMART Buy Leads Nominated for 4th India Digital Awards
- Buy Lead product nominated in the 4th India Digital Awards - Nominated for introducing Buy Leads led mobile site - Facilitates SMEs with networking opportunities while on the move New Delhi, February 06, 2014: After making headlines for bagging the coveted Manthan Award recently, IndiaMART Buy Leads yet again proved to be best amongst the rest as it emerged as one of the finalists in the 4th India Digital Awards. It grabbed
IndiaMART Buy Leads Declared Undisputed Leader of Innovation in Online Space at …
- IndiaMART Buy Leads wins Manthan Award under E-Business & Financial Inclusion Category - Strengthens belief in the creation of buyers marketplace - Over 1 lakh Buy Leads generated in a month New Delhi, January 03, 2014: An evening of felicitation unfolded recently in New Delhi amongst a group of innovative and brilliant entrepreneurs. Taking center stage in E-Business & Financial Inclusion Category, IndiaMART Buy Leads beat eight other finalists to emerge as
SMEs from North, East & West Felicitated at Regional Awards Ceremony of IndiaMAR …
- Regional Awards Ceremony held in Mumbai & Delhi; Bengaluru to host the next - Winners felicitated from Western, Eastern and Northern regions in 14 categories each - Over 1 lakh nominations received from across the country New Delhi, December 13, 2013: The passion and the stature of the biggest SME Awards - ET NOW-IndiaMART Leaders of Tomorrow touched a new high with the launch of Regional Awards Ceremony in the 4th edition.

All 5 Releases

More Releases for India

01-17-2011 | Health & Medicine
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables