Hyderabad, Andhra Pradesh -- (SBWIRE) -- 03/10/2011 -- Buytheprice.com, Hyderabad based leading ecommerce portal has won the Best Product award for 2009-10 under the Startups – Consumer Solutions category at the 19th annual ITsAP awards function.

Formerly HYSEA, The IT & ITES Industry Association of AP (ITsAP) recognizes the performance of member companies operating out of Andhra Pradesh every year during the ITsAP Annual Day. Ms. Ratna Prabha, Principal Secretary of Information Technology & Communication for ITsAP gave away the award to the buytheprice.com team.

Speaking on the occasion, the founder and CEO, Ranjith Boyanapalli said "It is a great honour for us to win this award. It goes a long way in reinstating our commitment towards excellence in execution and commitment to growth. The appeal of our unique model and the enhanced value proposition we deliver to our consumers have been the key factors for increased awareness and growth of buytheprice.com"

This year the Software Product Showcase was part of the larger Two Day Conference and Exhibition Advantage AP 2011 organized jointly by IT&C Department, Government of AP, ITsAP and STPI with the twin aim of branding AP as the most preferred IT destination and creating a platform for the Software Products and Services Companies.

About Buytheprice.com
Launched in March 2010, BuyThePrice.com is the first portal to introduce e-commerce 2.0, where product price comes down with multiple buyers buying the same merchandise.

Unlike a minimum number of buyers required in most group buying portals, BuyThePrice.com collates real time demand and maps it against the supply prices and drops the price as the number of buyers increase. BuyThePrice.com lines-up the best deals across verticals of Mobile Phones, Cameras & Accessories, Computers & Accessories, Music and & Video Players, Lifestyle Accessories, LED/LCD Televisions and Home & Kitchen appliances.

For details, do visit http://www.buytheprice.com

For any further queries, please email to pr@buytheprice.com

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