New Delhi: Infomedia Yellow Pages, Askme and Getit today announced that the SME giants will be coming together to form a unified operation. The combined operations will be a Premier Supermarket for all business needs of SMEs ranging from Local Search, Free Classifieds, Deals and E-Commerce. The entity will be wholly owned by shareholders of Getit.
The combined entity will be referred to as “Getit Infomedia”. Getit Infomedia, with its wide ranging product portfolio will be able to service SMEs across all categories, big and small, B2B and B2C. Getit, Askme and Infomedia Yellow Pages will also connect consumers and SMEs seamlessly through multiple platforms and channels like Print, WAP, WEB, APPs, Voice and Mobile.
Commenting on the merger, Jaspreet Bindra, CEO of Getit Infoservices Ltd., and the leader of the combined entity, said: “With the growing significance of the SME market coupled with digital and social media growth, India, offers us an unprecedented opportunity in the SME digital and e-commerce space. This combined entity with a truly PAN India presence and unique model of feet on street, and digital outreach, will accelerate our vision for SME digital enablement.”
Sarbvir Singh, Head – Investments, Network18, said that, “We are delighted with this development and believe that the entity will be a strong player in the SME space. The SME opportunity is expanding and offers enormous growth potential for the company and its employees. On behalf of the team at Network18, I would like to wish the Getit Infomedia team the very best for a successful journey ahead”.