Saffronart once again pioneers new technology within art industry
Posted by artradar on July 22, 2010
ART AUCTIONS NEW TECHNOLOGY MOBILE PHONES
Art Radar Asia has found a new tool available to collectors when bidding for artworks at auction – lots can now be won via mobile phone bids.
M. F. Husain's 'Kerala - V'.
As reported on the Saffronart website, the online auctioneer concluded its most recent sale on 17 June, with ten lots won by the company’s new mobile application.
Ten lots were won via Saffronart’s new mobile application, which allows bidders to bid from Blackberrys and iPhones. Those lots totaled $934,272. M.F. Husain’s Untitled was the highest lot sold via mobile, making $235,750.
Saffronart, a specialist in Indian art, was founded in 2000 by art collectors Dinesh and Minal Vazirani. It is renowned for its innovative use of new technologies within the art industry; their online auction model was recently the subject of a case study at Harvard Business School. The company has galleries and offices in Mumbai, New York and London. This most recent online auction grossed $6.7 million.
KN
Related Topics: business of art, market watch – auctions, Indian artists
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- Peabody Essex Museum loaned 3 giants of contemporary and modern Indian art: Anish Kapoor, Francis Newton Souza, Paritosh Sen – June 2010 – an overview of the works loaned and the artists who created them
- Dinesh Vazirani CEO Saffronart speaks about 2010 market outlook for Indian art – Arttactic podcast – March 2010 – an explanation of how the collector base for Indian art is changing
- Krishen Khanna traces evolution of Indian modern art: innovative interview technology used – April 2010 – one of Saffronart’s “speaker series” interviews
- Contemporary Indian art meets tradition at inaugural ‘Sowing Seeds’ artist workshop in Rajasthan, India – interview – March 2010 – Art Radar talks to lead organiser, Mr. Vagaram Choudhary (includes amazing imagery)
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