Dinesh Agarwal

For the Indian politician, see Dinesh Agrawal.

Dinesh Agarwal (born 19 February 1969) is an Indian entrepreneur, founder and CEO of IndiaMART,^[2] India's largest online B2B marketplace.^[3]

Dinesh Agarwal
Born	Dinesh Agarwal (1969-02-19) 19 February 1969 (age 56)
Nationality	Indian
Alma mater	Harcourt Butler Technological Institute
Occupation(s)	Founder and CEO of IndiaMART
Spouse	Chetna Agarwal[1]

Early life and education

Dinesh studied at Maharaja Agrasen Vidyalaya Inter College, Lucknow, and completed a B.Tech engineering degree with a specialization in computer science from Harcourt Butler Technological Institute, Kanpur.^[4]

Early career

Dinesh first started working at CMC (now part of TCS) where he worked on the first Railway reservation system^[5] and later joined Sam Pitroda and his team at the Center for Development of Telematics to develop an indigenous digital telephone exchange for India.^[6]

In 1992, Dinesh moved to HCL in the US, to set up offices on the East Coast. There he saw the birth of the internet in America, realized the potential of the internet and the impact it could have on Indian masses.^[7]

1995 and after

In August 1995, he resigned from HCl, returned to India with his wife and child, and started looking for internet related opportunities to become an internet entrepreneur.^[8]

Agarwal decided to make a website that would be an online marketplace for exporters and importers.^[9][10] India had around 15,000 internet users at that time.^{[citation needed]} When he did not receive government permission to get the directories of exporters and sellers online, he decided to have a free listing form and sent it to all the sellers in the directories. "My whole family, including my mother and wife, would help with the mailers.”IndiaMART's first tagline was: 'The global gateway to Indian marketplace'.^[11]

In 2007–2008 when recession hit the US, Agarwal and his cousin Brijesh decided to pivot the focus from export oriented business to India-focused B2B market and raised $10 million from Intel Capital.^[12][13]

Other domain ventures by Agarwal include www.indiangiftsportal.com and www.abcpayments.com. He later became an investor, providing funding to Tolexo,^[14] and Innerchef, a Gurgaon-based ready-to-eat and ready-to-cook meals delivery startup.^[15]

An Angel Investor

Today, Dinesh is a prolific investor and has invested in a large number of start-ups. His portfolio includes companies such as medical app Curofy, crowdfunding platform Wishberry, marketing platform SilverPush, food tech start-up InnerChef, developer startup AppVirality and others. One of his companies – Little Eye Software Labs, was acquired by Facebook. Some of his top investments include: Inner Chef Private Limited, Complete Capital Private Ltd, Quicko Technosoft, Arivihan Technologies Private Limited - among others.

Awards and recognition

• In 2023, Dinesh was awarded as Entrepreneur of The Year at Dun & Bradstreet Business Excellence Awards, followed by the title of EY Entrepreneur Of The Year in the Service Category at the EOY Awards 2020. He was also recognized as the Digital Person of the Year at the 10th edition of India Digital Awards presented by IAMAI in 2020.^[16]