IndiaMART
Category: Top Stories
IndiaMART 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 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 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…
Read MoreIndia needs to bring different solutions for MSMEs — Business Insider’s MSME Exchange panelists highlight why | Business Insider
Business Insider IndiaMart’s CEO Dinesh Agarwal highlighted that almost 80% of Indian MSMEs have such low turnover that they are not eligible to register for GST. BharatPe’s group president Suhail Sameer said that the system also needs to change to…
Read MoreIndiamart Intermesh Q4 net profit up 26 pc to Rs 56 cr | OutLook
OutLook New Delhi, Apr 29 (PTI) B2B e-commerce firm Indiamart Intermesh on Thursday posted a 26 per cent increase in consolidated net profit to Rs 56 crore for the fourth quarter ended March 31, 2021. The company had posted a…
Read MoreIndiamart Intermesh to acquire 22% stake in software development firm Truckhall| Business Standard
Business Stanadard Indiamart Intermesh has indirectly, through its wholly owned subsidiary, Tradezeal Online, agreed to acquire 22% of the Share Capital (on fully diluted basis) of Truckhall. The target entity is engaged in the business of creating online marketplace and…
Read MoreIndiaMART InterMESH Ltd – Evolving Over Time | investyadnya
investyadnya IndiaMART is India’s largest and the world’s second largest online B2B marketplace. It is a platform that connects buyers and sellers across time-zones and borders through business solutions. However, their journey of reaching this pinnacle is no less of…
Read More