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New Asian business portal is launched

A new business portal aimed at Asian entrepreneurs was launched earlier this month.

The new site, at, will act as the online version of Paisa magazine, Me Media's title for Asian business people. It already has 4,500 subscribers.

Paisa, meaning ‘money’ in Hindi, is a joint venture between the Asian portal Clickwalla’s owner, Me Media and ICP Europe, the Internet business publishing arm of the Barclay Brothers empire, which includes The Business and The Scotsman, and is an investor in Netimperative.

Its aim is “to inspire existing company owners and budding business brains” by offering business advice and profiles of notable Asian entrepreneurs.

Jojar Dhinsa, named newcomer of the year at the 2004 Asian Business Awards, and Iqbal Wahhab, founder of London's Cinnamon Club, are a selection of the entrepreneurs currently profiled. managing editor Dan Martin said: "More than 200,000 UK small and medium sized enterprises are owned and operated by Asians. These firms have a huge impact on the UK economy, with an annual spending power of £10 billion, but they have never before had a single online resource. will fill that gap."

Sources: e-Consultancy, Netimperative

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