IndiaMART
Category: IndiaMART in News
IndiaMART acquires 26% stake in IB Monotaro
Partners with Japan based firm to build India’s largest B2B e-commerce platform in MRO category IndiaMart, the largest B2B marketplace of India, has acquired 26% (on fully diluted basis) share capital of IB Monotaro Private Limited (“Industry Buying”). The company…
Read MoreIndiaMART leads the Series B funding round of Logistics SaaS Platform Fleetx
IndiaMART, the largest B2B marketplace of India, has announced an investment of Rs 91.4 Crores in Fleetx Technologies Private Limited (‘Fleetx.io’). As part of the transaction, IndiaMART has agreed to acquire shares via a mix of primary and secondary share purchases, and its…
Read MoreBudget Reaction: MSME Sector
While welcoming the Union Budget 2022, Mr Dinesh Agarwal, Founder & CEO, IndiaMART InterMESH Limited stated, “With respect to the MSME sector, we congratulate the Union Budget 2022 for the vision. MSMEs will be supported through an extension of the Emergency…
Read MoreIndiaMART to acquire Busy Infotech for Rs 500 Crores
Also announced participation in Series B Funding Round of Vyapar Leading B2B marketplace, IndiaMART on Tuesday said it is acquiring the accounting software company Busy Infotech Pvt Ltd for a cash consideration of ₹500 crores. The B2B marketplace also said…
Read MoreI had never planned to be a CIO, it just happened, says Vivek Agrawal, CIO of IndiaMART
CIOs in any organization is more important now than they have ever been Digital transformation is the key and this will become the single most important factor for the measurement of success for the CIOs This is an exclusive story…
Read MoreFinance and I | Prateek Chandra | ET CFO
How Finance and I mix? I always had an interest in Finance and commerce from the beginning therefore I opted for it and completed Chartered Accountancy. Exploring and weighing various career opportunities and routing back to finance made me realize…
Read MoreIndiaMART expects collections growth at 20-30 percent as macros improve | The Hindu Business Line
The Hindu Business Line Collections stood at ₹223 crore in Q2, up 37% y-o-y B2B e-commerce marketplace, IndiaMART, is expecting double-digit growth in collections/subscriptions. The firm expects the growth to be in the range of 20-30 percent for FY22 due…
Read MoreIndiamart Q1 results: Net profit rises 19% to Rs 88 crore | Economic Times
Economic Times New Delhi: B2B e-commerce platform Indiamart NSE 3.40 % Intermesh on Thursday posted a 19 per cent increase in consolidated net profit at Rs 88 crore for the quarter ended June 30, 2021. The company had posted a net profit…
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