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Smesauda.com: India?s First Collective/Group Buying Portal for Small and Medium Enterprises (SME)

Poster: SySAdmin
Posted on April 9, 2012 at 10:35:01 PM
Smesauda.com: India?s First Collective/Group Buying Portal for Small and Medium Enterprises (SME)

NEW DELHI, April 10, 2012/PRNewswire/ --

    Small medium enterprises (SME) are a large but untapped segment in the booming Indian
eCommerce space. Adding a fresh twist to the popular group-buying concept,
http://www.Smesauda.com, a recently launchedportal focuses on providing deals and discounts
across a wide range of business and IT products and services relevant to small businesses.
Capitalizing on the concept of collective buying, Smesauda.com provides small and medium
companies' access to discounted prizes and attractive deals that were earlier only
available to larger companies. The site also facilitates informed buying by SMEs through
independent vendor reviews, vendor directory and expert advice.

    Expanding the eCommerce Paradigm

    One of the key USPs of Smesauda.com is the expansive list of product & service
categories that the site covers, most of which have never been sold online before.
Smesauda.com's key product categories are computers, networking equipments, printers,
software's, security devices, office and power equipment. The key service categories are
equipment rental, information technology and web services, telecommunication, accounting,
shipping and freight, printing and HR services. Some upcoming categories are office
furniture, warehousing services, and advertising and PR. As a comprehensive solution to
the various needs and requirements of SMEs, the business model of Smesauda.com is
positioned in a manner that benefits both the vendors as well as the buyers.

    Introducing Request for Deal - RFDTM

    Introducing the concept of 'Request for Deal', Smesuda.com also provides an added
bonus for members to state their requirements and receive customized deals on the same,
and in-case of non-availability, similar requirements get bundled and members get
discounted deals from the registered base of vendors.

    More than just a group buying site - Financing, Discussion Forums & Networking for
SMEs

    With the aim to be one-stop platform for SMEs, Smesauda.com provides its members with
special privilege access to raising equity, working capital and term loans through its
strategic partners in Mumbai, Bangalore, New Delhi, Chennai and USA. Smesauda.com also has
experts providing advice and information on diverse and common challenges/issues faced by
SMEs. The site also has active discussion forums and blogs for small business owners to
exchange information and ideas. Smesauda.com will also be launching multiple networking
initiatives (online and offline events) to support greater interaction among SMEs in the
near future.

    Founder Profile

    The founder of Smesauda.com, Priyankar Baid, is an engineer from IIT Roorkee and has
done his MBA from ISB Hyderabad. A successful entrepreneur, with a finance and outsourcing
venture, has extensive experience working with small and medium business helping them
secure financing from domestic and foreign financial institutions. He also has substantial
experience working with major Indian companies in retail, consumer goods and engineering
goods sectors. With a well-established presence in various sectors including
manufacturing, outsourcing, and distribution of office equipments and IT products of
various leading brands, the business group of Smesauda.com is a conglomerate which has
penetrations across multiple cities including Chennai, Mumbai, Kochi, Coimbatore, Kolkata
and Nepal. The group has a multi-million dollar turnover with over 400 employees and is
expanding at a rapid pace.

    Primary Media Contact : priyankar baid, pbaid@smesauda.com, 91-11-64636754

    Secondary Media Contact : priyanka jain, pjain@smesauda.com, 91-99-10962912

Source: SMB Unisol Private Limited

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