Malamaal.com to set up overseas offices

HYDERABAD: Malamaal.com, a Hyderabad-based B2C portal, is planning to set up

its units abroad. In the next six months, the company is planning to open its

offices in the US and the UK. The units would act as marketing and liaison

offices, handling all the marketing activities related to the region.

Malamaal.com would be a gift as well as a shopping store for all non resident

Indians. On the Indian front, the company is on the verge of widening its

presence by establishing branch offices in all the metros, and by forming an

office franchisee network in 65 strategic locations across the country. At

present, the company has presence in 22 locations within the country.

A 1999 start-up, Malamaal.com showcases 150 products grouped into 72

categories. The site has around 50,000 registered users from the NRI community

in the US and the UK. Malamaal.com is entering into alliances and strategic

partnerships to improve sales and services, and bring in new customers. The

company has a strategic tie up with Blue Dart for logistics and ICICI Bank for

payment gateways.

The company is all set to go for a second round of funding within a couple of

months.