Globsyn launches India Konnects, signs JV with Konnects Inc,US

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Kolkata, Jan 22 (UNI) Globsyn Innoventures, in association with Konnects Inc, US, today launched India Konnects, a first-of-its-kind professional and business networking portal in the country.

India Konnects(www.indiakonnects.com) aims to cater to working professionals and business community and provides them with a platform to network and leverage business opportunities globally.

Globsyn Innoventures also signed a joint venture agreement with Konnects Inc for setting up Globsyn Konnects Ltd, a professional and business networking portal company, to offer products for the ever increasing internet users in the country.

India has more than 38.5 million internet users and an e-commerce market of Rs 11.8 billion, which is likely to touch more than 50 million internet users and an e-commerce market of over Rs 23 billion in 2007-08.

Speaking on the occasion, Globsyn Group Chairman Bikram Dasgupta said, ''For a while, India has been waiting for a networking portal that would be used not only to connect with different people professionally but also communicate business. Globsyn Konnects Ltd offers just that and more through India Konnects.'' ''India Konnects would also be an easy portal to locate prospective business associations, professional friends, profiles, talents and create like minded communities,'' Mr Dasgupta said.

Konnects Inc CEO James Theodore Crabbe said, ''We chose Globsyn as our partner due to our similar thought patterns, vision and due to the depth of their understanding of cutting edge technology.'' ''India Konnects will fill the much-needed growing gap in the professional networking community,'' Mr Crabbe stated.

UNI ADG LL DB1555

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