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| Indchem funds Autopartsasia.com |
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| Sanmar group Vice-Chairman, N Kumar, joined
the board of Autopartsasia.com, Asia’s first B2B vertical
portal for online trading of auto components. The portal is
expected to be a great success because of the growing business
community in auto components and prospective buyers. |
| The founders of Autopartsasia are technocrats
with 25 years of experience in the Indian auto components industry
with proven expertise in sourcing and export of auto components.
Subodh Bhargava, former Chairman of the Eicher group of companies
is the Chairman of the Board of Directors of Autopartsasia.
It has attracted seed stage financing from Mantra Consultants
Private Limited, a leading VC catalyst and N Kumar, co-founder
of the Sanmar group. |
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| The Head Office of Indchem Software Technologies
Limited at Chennai. |
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| Indchem’s plush interior. |
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| Kumar, who leads the Sanmar group’s
thrust into IT, heads the recently promoted software company,
Indchem Software Technologies Limited. He has been one of the
earliest movers in electronics in India, with a number of firsts
to his credit, including the first PC clone, the first EBPX
and the first multi layer PCB unit. |
| Kumar has held high offices outside the group
as well. A past President of Confederation of Indian Industry
(CII), an apex body representing Indian Industry in India and
abroad, he is also the Honorary Trade Representative of the
Singapore Trade Development Board in India. Kumar’s experience
and expertise will soon help Autopartsasia.com reach greater
heights. |
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