Multiple Zones not affected by India.com's downsizing
(Dataquest,
April 15, 2001)
Multiple Zones India a 100% cent subsidiary of Mail.com, which was earlier integrated with India.com, will remain unaffected by India.com's announcement about downsizing its portal domain business. MZI is a direct-to-customer IT enterprise, currently clocking monthly revenue of Rs 7 crore.
MZI will now function as a separate entity under Mail.com. E-commerce will continue to be a focus area of MZI with the company now offering a state-of-the-art procurement engine to facilitate buying by corporates through the company's e-store said Manpreet singh,MD, MZI.
The company, which is the only revenue generator for mail.com, has notched up sales of Rs 20 crore of IT products and services in the last two months of January and February. It is expected to close this quarter with sales of Rs 28 crore.