Sanmargroup 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. 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.
Indchem’s plush interior.