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

Jun 25, 2010, 01:00 ET from ImagesBazaar.com

DELHI, India, June 25, 2010 /PRNewswire/ -- 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.

    Media Contacts:

    Name: Deepak Verma

    Address: 101-107, Vardhman Plaza, Plot No.10, KP Block, Pitam Pura,
    Delhi-110034

    Websites: http://www.imagesbazaar.com & http://www.shotindia.com

    Email: deepak@imagesbazaar.com

    Phone: +91-11-42686869

SOURCE ImagesBazaar.com