New Delhi, 8th December 2022. IndiaMART, India’s largest online B2B marketplace has been awarded Gold recognition at the global platform LACP 2022 Spotlight Awards for its Annual Integrated Report. The 2022 Spotlight Awards Annual Report Competition is organized by the League of American Communications Professionals LLC (LACP), USA to facilitate discussion on the best communication practices and to recognize those who demonstrate exemplary work. This Indian online marketplace received the gold award with Annual Report as its main category and Integrated Report as a sub-category with 98 points out of 100.
This year IndiaMART has bagged the spotlight by attaining the 35th rank worldwide and 5th rank in India. The Company’s Annual Integrated Report achieved a 100 percent score in 4 out of the total 6 parameters, which included First Impression, Overall Narrative, Overall Visual Design and Perceived Relevance.
The competition receives applications from more than 500 global companies spread across 4 continents. Moreover, the participants include 9 out of the top 10 Fortune 500 firms making it a huge success every year.
Speaking on the achievement, Dinesh Agarwal, Founder & CEO, IndiaMART said, “It is an honor to be recognized by the global platform of LACP. We believe that unambiguous communication and disclosure with the stakeholders is the key to delivering value and gaining business growth. We focused on delivering a prudent report that explains everything from our robust business model, our approach to financial management, the macro and micro factors affecting the business growth to the good governance being followed at the organization. The award is a testament to the clear thought and effort that we have put behind this report. It is an occasion for all of us to be in a revelry mood.”