Posted on by Editor's Desk
IndiaMART InterMESH Ltd, a B2B e-commerce company, on Thursday reported a 60.68 per cent rise in its consolidated net profit to Rs 112.8 crore for the third quarter ended December 31, 2022. Financial Highlights (Q3 FY2023):IndiaMART reported consolidated Revenue from…
Read MoreCategory: IndiaMART in News, Press Releases, Top Stories
Posted on by Editor's Desk
Mr. Prateek Chandra, CFO, IndiaMART has been awarded as the CA CFO-For Emerging Corporates – Services by the Institute of Chartered Accountants of India (ICAI) at the 16th ICAI Awards Ceremony, at the Taj Bengal hotel in Kolkata. The event…
Read MoreCategory: Top Stories
Posted on by Editor's Desk
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. …
Read MoreCategory: Exclusive Coverage, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: Exclusive Coverage, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: Exclusive Coverage, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: Exclusive Coverage, IndiaMART in News, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: Exclusive Coverage, IndiaMART in News, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: IndiaMART in News, Press Releases, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: IndiaMART in News, Press Releases, Top Stories
Posted on by Editor's Desk
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…
Read MoreCategory: IndiaMART in News, Press Releases, Top Stories