Inspiring Story Of Dinesh Aggarwal CEO, IndiaMART
A doctor's child might not turn out to be a doctor a singer's child might actually be not really good with music the underlying point is every individual is different possesses a different set of skills and must choose to do what interests him or her a similar thought process was followed by the founder of one of the oldest and biggest business to
business marketplace of our country
india founded by
dinesh agarwal india mart came up with its
ipo last year that was indeed a success but was his journey of setting up
indiamart an easy one how did it start in today's video we are going to highlight the humble journey of mr
dinesh agarwal whose b2b e-
commerce company is a popular name in india
ganesh agarwal hails originally from bharach district in uttar pradesh although he belongs to a business family he did not want to lose that line and was more inclined towards the technology sector hence when it was time to choose the stream for graduation he went on to receive a b-tech degree in computer science and engineering from harcourt butler technological
institute Kanpur for those who don't know he has extensive experience of working in the technology sector and has worked with a handful of firms as well when he finished his b-tech degree he started to work with cmc limited and got associated at an early stage with an interesting project of centralized railway reservation system after this he joined the canter for development of telematics c-dot and helped the team in developing a digital telephone exchange for
India once he had the experience of working on some great projects he moved to the united states and joined hcl technology being from the technology field he was well aware of the new advancements taking place and how they were making people's lives better during the 1990s the internet had already created a bus being the net consultant
Mr Dinesh knew immensely how one can take benefit from its potential being from a humble business family he also understood the importance of small medium enterprises for
Indian people an idea came to him he thought of utilizing the potential of the internet to ramp up the reach of smes among people having visualized a great opportunity in this he returned back to india after six years and left the
job at
hcl when he came back he gave his idea a shape and launched his startup in tamesh the startup's main work was to develop
websites for companies based in delhi and this was the first step towards his journal me as an entrepreneur as the startup progressed it launched India mod that developed into an online platform where exporters and importers could meet and do business initially the small medium enterprises did not have the
luxury to spend a lot of cash on their advertising hence india mart became an app platform for them life can throw challenges at us at any time and mr dinesh's journey was not as flowery as it seems as he had to face a number of challenges in the year
2000 the e-commerce bubble burst affecting a number of online
businesses forcing them to even close but india mart and mr dinesh knew how to sail through a difficult time well they did and evan posted a fair amount of profit when other online businesses were shutting down following this mr agarwal wanted to go global and
india mart became a marketplace available for buyers and sellers across the globe yet again a hurdle arrived in the form of a terror attack on the usa in 2001 which affected india march revenue significantly not ready to give up mr agarwal did not let this affect his ideations in 2002 he decided to push india mart even more and it worked from there india mart marks the growth trajectory and presently it has huge numbers of customers who run their business efficiently due to india mart cut to 2019 india mart launched its
ipo that proved to be a success mr
dinesh agarwal has also launched
alexo.com |
|
which is an
e-commerce platform for both buyers and sellers but it is different from other
e-commerce sites as they offer a different set of products mr
dinesh is not only a successful entrepreneur but a person who believes in
investing in other startups to give
banks to their operations as well a techie by heart he's made several investments in tech firms and so far he has invested in about 40 plus startups belonging to different sectors some of the ventures he has invested in include inner chef private limited red brick lane chinese surprise india yellow and trip md etc with this he has also helped a number of budding
entrepreneurs all around the world to set up their company he not only mentors them but gets involved actively to take them towards the path of success
mr dinesh agarwal's journey is a great lesson to all those who have dreams of making it big as an entrepreneur it teaches us how to overcome even the greatest challenges while pursuing our dreams he stood up strongly during the
e-commerce bubble burst and after the u.s attack when india march business was hit majorly in fact after facing these hurdles he came back even stronger hence facing the challenge thrown at us is the way to get out of it we hope that you find this case study interesting and inspiring too if you did then please Coment and share Your Feedback in below