IndiaMART

Category: Top Stories


INTERVIEW: IndiaMART to remain focused on SMEs, says CEO Agarwal

NEW DELHI – When Dinesh Agarwal, founder and chief executive officer of IndiaMART InterMESH Ltd, returned to India from the US 26 years ago, the global e-commerce industry was in its infancy, with giants such as Amazon yet to get a foothold. …

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IndiaMart aiming for 25% revenue growth in near term, says MD

NEW DELHI – India’s largest online business-to-business marketplace IndiaMart InterMesh Ltd plans to double its revenue in the next 4-5 years, leveraging both customer additions and growth in average revenue per user. “Looking at 25% growth per annum, I think we should…

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IndiaMart to go slow on investment, M&A deals in near term, says MD

NEW DELHI – IndiaMart InterMesh Ltd, the country’s largest online business-to-business marketplace, will go slow on investments and mergers and acquisitions in the near term, Managing Director and Chief Executive Officer Dinesh Agarwal said. “In the last two years, we…

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IndiaMART CFO looks to add 35,000 new customers in FY23, plans to hire 1,000 more people | ET CFO

ET CFO Another top priority in FY23 will be to continue working with investee companies in which IndiaMart had acquired stakes in, says Prateek Chandra. B2B E-commerce firm IndiaMART CFO Prateek Chandra is eying an increase of 35,000 new customers in FY23 and…

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SURVIVAL OF THE FITTEST: GET IT FROM INDIAMART | Mint

Mint The company is bracing for a turf war. Investments in tech and acquisitions are helping it pivot. Kalyan Karmakar, a 50-year old entrepreneur from Delhi, trades in industrial adhesives. He took his marketing online during the covid-19 lockdown of…

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IndiaMART, Tazapay partner to facilitate cross-border transactions for exporters in India

The partnership will help exporters have a customized seamless payment solution for B2B trades, explained the firms in a joint statement. B2B marketplace IndiaMART and payment platform Tazapay have entered into a partnership to facilitate cross-border transactions for exporters in…

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IndiaMART InterMESH Limited – Full Year and Fourth Quarter ending March 31, 2022 – Results Press Release

Noida, India, April 28, 2022: IndiaMART InterMESH Limited (referred to as “IndiaMART” or the “Company”), today announced its financial results for the full year and fourth quarter ending March 31, 2022. Financial Highlights (Q4 FY2022): IndiaMART reported consolidated Total Revenue from…

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IndiaMART announces Investment in Truckhall Private Limited (‘Superprocure’)

IndiaMART, India’s largest B2B marketplace, via its wholly-owned subsidiary Tradezeal Online Private Limited, has made an investment of approximately INR 7.5 Crores to purchase compulsorily convertible debentures (CCDs) of Truckhall Private Limited (‘Superprocure’). Superprocure is a SaaS platform that digitizes the entire freight…

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IndiaMART acquires stake in Livekeeping

IndiaMART, the largest B2B marketplace of India, has announced an investment of approximately Rs. 45.98 Crores in Finlite Technologies Private Limited and acquire 51.09% stake in the company. As part of the transaction, IndiaMART will be investing Rs. 35 Crores…

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Why IndiaMART spent over Rs 900 crore on acquiring startups | YourStory

Noida-based B2B marketplace IndiaMART has invested in over a dozen startups since it went public. Here’s a deep dive at what the company looks for in a startup. In February 2021, when IndiaMART InterMESH Ltd, an online business-to-business (B2B) marketplace,…

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