BWI: ImagesBazaar Gets High Rating by ICRA for Performance Capability and Financial Strength

Press release from Business Wire India
Source: imagesbazaar.com
Friday, June 25, 2010 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Media & entertainment, Stock exchanges; Technology
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ImagesBazaar Gets High Rating by ICRA for Performance Capability and Financial Strength


New Delhi, Delhi, India, Friday, June 25, 2010 -- (Business Wire India) -- The world's largest Indian image bank, ImagesBazaar (http://www.imagesbazaar.com), owned by Mash Audio Visuals Pvt. Ltd. became the first stock photography entity to get the credit rating agency ICRA's high category 'SE 2A' rating for its strong performance capability and financial strength.

ICRA factored in MASH's satisfactory relationship with key stakeholders, including employees, customers and creditors, and its 'superior' financial performance.

In its report, ICRA highlights the following key strengths of MASH:
- Considerable experience of promoters for almost a decade in photography industry
- Company maintained revenue growth even in slowdown; profitability has improved over the period
- Reputed and very wide client base which spans from media agencies and ad agencies to corporate clients

The high rating by ICRA, a leading credit rating agency in India reflected exceptional performance of the websites owned by MASH, ImagesBazaar (http://www.imagesbazaar.com) and ShotIndia (http://www.shotindia.com).

With over 800,000 images on http://www.imagesbazaar.com and more than 120,000 images on http://www.shotindia.com, MASH has the world's largest stock of Indian images where one can search, purchase and download as per his needs. At present, over 6000 clients in more than 42 countries use images shot by over 7200 photographers on http://www.imagesbazaar.com & http://www.shotindia.com for their advertising, marketing and publishing needs.


CONTACT DETAILS
Deepak Verma, imagesbazaar.com, +91 (11) 42686869, deepak@imagesbazaar.com

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, Financial Analyst, IT, MEDIA, STOCK EXCHANGES, TECHNOLOGY

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