IndiaMART
Category: Quotes & Mentions
What’s next for India’s MSMEs
Hello Reader, While Zomato‘s $636-million deal to acquire Blink Commerce (which operates Blinkit) has generated excitement in India’s quick-commerce industry, some smaller players are feeling the heat. Ola has decided to shut its quick commerce business, Ola Dash. The announcement comes just months…
Read More70 investors rejected an idea. It has become a unicorn and helped create another
It is no secret that in the last couple of years, it has become easier to do transactions and the supply chain ow has become smoother in the B2B marketplace. Dinesh Agarwal, the founder, and CEO of IndiaMART, says this…
Read MoreHere’s why IndiaMART is buzzing in trade
IndiaMART is buzzing in trade after JM Financial retained its buy call on the stock. The stock is down 20 percent in 2022 and down 47 percent from its 52-week high on concerns of compression in margins in Q4FY22 and…
Read MoreIndiaMART shares jump with huge volume; JM Financial retains ‘buy’ rating
IndiaMART InterMESH shares jumped on Tuesday with large volume after JM Financial retained a ‘buy’ rating on the stock IndiaMART InterMESH shares surged with high volume on Tuesday after JM Financial retained a ‘buy’ rating on the stock with a target price…
Read MoreIndiaMART InterMESH: Room for growth as more players shift online
Given the growth path of IndiaMart, investors with a longer-term view can accumulate the stock at lower levels IndiaMart Intermesh Ltd (IndiaMart; CMP: Rs 4,403; Market capitalisation: Rs 13,457 crore) has corrected by more than 50 percent from its 52-week…
Read MoreFleetx announces ESOP buyback worth Rs 3.9 Crore
The ESOP buyback has been rolled out to 45 eligible current and ex-employees, as part of the closure of Fleetx’s Series B funding led by IndiaMart, with existing investors India Quotient and BEENEXT also participating, according to a statement. Fleetx.io,…
Read MoreThe Exponential Rise Of Indian Startup Ecosystem
Dinesh Agarwal, Founder and CEO, IndiaMart, believes that digitisation and significant capital investments in the last two decades have contributed towards the exponential rise of the Indian startup ecosystem The Economic Survey 2021-22, released last month, showed that India had…
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 MoreSmall businesses struggle to stay afloat in second wave | Economic Times
Economic Times The second lockdown, following the more deadly second wave of the pandemic, has completelydisrupted the entire payments cycle that’s critical for small manufacturers like Chawla. Sitting at his office in Ludhiana’s Jammu Colony, DS Chawla, a plastic parts…
Read MoreIndiamart board nods floor price of Rs9065.61 per share aggregating Rs1,070cr to eligible QIBs; stock gains 1% | Indiainfoline
Indiainfoline Indiamart Intermesh Limited updated the exchanges Monday about the allotment of equity shares of the face value of Rs10 each by the company to qualified institutional buyers (QlBs) under-qualified institutions placement (QIP). The Fund Raise Committee of the Board, at…
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