Inside IndiaMART’s over $100 mn bet on nine firms in FY22

IndiaMART Intermesh Ltd, one of India’s oldest internet companies, has been actively investing in startups since its listing in 2019. In this fiscal year 2021-22 alone, the business-to-business (B2B) marketplace has invested over $100 million across nine companies. One of the deals included a 100% acquisition of accounting software company ......