About IndiaMART
IndiaMART is a company based in Noida (India) founded in 1999 by Brijesh Agrawal, Dinesh Agarwal, and Brijesh Agarwal.. IndiaMART has raised $37.24 million across 6 funding rounds from investors including Intel, WestBridge Capital and Accion. The company has 6,100 employees as of March 31, 2024. IndiaMART has completed 4 acquisitions, including BUSY Software, Finlite Technologies and Livekeeping. IndiaMART operates in a competitive market with competitors including Moglix, Udaan, Solv, ProcMart and TradeIndia, among others.
- Headquarter Noida, India
- Employees 6100 as on 31 Mar, 2024
- Founders Brijesh Agrawal, Dinesh Agarwal, Brijesh Agarwal
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Indiamart Intermesh Ltd.
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Annual Revenue
$162.15 M (USD)16.01as on Mar 31, 2024
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Net Profit
$64.37 M (USD)64.9as on Mar 31, 2024
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EBITDA
$62.03 M (USD)57.36as on Mar 31, 2024
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Total Equity Funding
$37.24 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Intel
& 5 more
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Employee Count
6100
as on Mar 31, 2024
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Investments & Acquisitions
BUSY Software
& 3 more
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IPO & Listings of IndiaMART
IndiaMART is a publicly listed company on the NSE with ticker symbol INDIAMART in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of IndiaMART
IndiaMART has successfully raised a total of $37.24M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(30 Mar 2007)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Post-IPO - IndiaMART | Valuation |
investors |
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| Mar, 2017 | Amount | Series C - IndiaMART | Valuation | Amadeus Capital , Accion | |
| Jan, 2016 | Amount | Series C - IndiaMART | Valuation | Amadeus Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in IndiaMART
IndiaMART has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Intel, WestBridge Capital and Accion. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage deep technology investments are made by Amadeus Capital.
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Founded Year | Domain | Location | |
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IndiaMART
IndiaMART has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BUSY Software, Finlite Technologies and Livekeeping. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based platform providing access to tally
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2019 | ||||
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Application development services are provided by Finlite Technologies since 2015.
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2015 | ||||
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Interesting places nearby are discovered via social recommendations.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IndiaMART
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indiamart Comparisons
Competitors of IndiaMART
IndiaMART operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moglix, Udaan, Solv, ProcMart and TradeIndia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are supplied via a B2B marketplace platform.
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| domain | founded_year | HQ Location |
Online marketplace offering multi-category products
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| domain | founded_year | HQ Location |
A B2B e-commerce platform is operated for MSMEs in India.
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| domain | founded_year | HQ Location |
Online platform offering procurement and supply chain solutions
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| domain | founded_year | HQ Location |
Multi-category products are facilitated via a B2B marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Indiamart
Frequently Asked Questions about IndiaMART
When was IndiaMART founded?
IndiaMART was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is IndiaMART located?
IndiaMART is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of IndiaMART?
Dinesh Agarwal is the current CEO of IndiaMART. They have also founded this company.
Is IndiaMART a funded company?
IndiaMART is a funded company, having raised a total of $37.24M across 6 funding rounds to date. The company's 1st funding round was a Series C of $22.25M, raised on Mar 30, 2007.
How many employees does IndiaMART have?
As of Mar 31, 2024, the latest employee count at IndiaMART is 6,100.
What is the annual revenue of IndiaMART?
Annual revenue of IndiaMART is $162.15M as on Mar 31, 2024.
What does IndiaMART do?
Founded in 1999 and based in Noida, India, IndiaMART operates as an online B2B platform where transactions are facilitated between buyers and suppliers across categories including building materials, electronics, pharmaceuticals, industrial equipment, apparel, chemicals, and logistics. Leads are generated, verified sellers are accessed, and trust is supported through payment protection and supplier verification services.
Who are the top competitors of IndiaMART?
Is IndiaMART publicly traded?
Yes, IndiaMART is publicly traded on NSE under the ticker symbol INDIAMART.
How many acquisitions has IndiaMART made?
IndiaMART has made 4 acquisitions, including BUSY Software, Finlite Technologies, and Livekeeping.
Who are IndiaMART's investors?
IndiaMART has 6 investors. Key investors include Intel, WestBridge Capital, Accion, Amadeus Capital Partners, and Brand Capital.
What is IndiaMART's ticker symbol?
The ticker symbol of IndiaMART is INDIAMART on NSE.
What is IndiaMART's valuation?
The valuation of IndiaMART is $109.94M as of Mar 2017.
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