December 05, 2016 7:52 PM ET

Internet Software and Services

Company Overview of IndiaMART InterMESH Limited

Company Overview

IndiaMART InterMESH Limited operates an online marketplace that connects buyers with suppliers. The company offers a platform and tools for buyers, such as small and medium enterprises, large enterprises, and individuals to search for various products and get connected with suppliers. Its solutions include Mini Dynamic Catalog (MDC) that enables suppliers to promote their company and open a new channel for sales; TrustSEAL, a paid add on feature for MDC; access to buy leads; Maximiser that enables to get maximum deals; Star Supplier and Leading Supplier, which provide positioning among suppliers in various relevant categories; and advertising solutions. The company enables buyers to find sup...

7th Floor

Advant-Navis Business Park

Plot No-7

Sector-142

Noida,  201 305

India

Founded in 1996

Phone:

91 12 0677 7800

Fax:

91 12 0399 7666

Key Executives for IndiaMART InterMESH Limited

Founder, Chief Executive Officer, Managing Director and Director
Co-Founder, Chief Operating Officer and Director
Chief Financial Officer
Senior Vice President of Brand Solutions Group
Senior Vice President - New Initiatives
Compensation as of Fiscal Year 2016.

IndiaMART InterMESH Limited Key Developments

IndiaMART Appoints Amarinder Dhaliwal as Chief Product Officer

IndiaMART has appointed Amarinder Dhaliwal as its Chief Product Officer. Dhaliwal will work towards strengthening the user experience, creating a consumer-centric brand and leading product innovation. Prior to joining IndiaMART, Dhaliwal was the chief operating officer of Micromax YU where he created and launched YU as an innovative mobile brand.

IndiaMART Plans To Raise Funds

IndiaMART InterMESH Limited is planning to raise funds. Dinesh Agarwal, Founder and Chief Executive Officer of IndiaMART, said that the company is also considering investing in start-ups in related segments such as fintech and logistics to speed up its expansion. IndiaMART raised over INR 1 billion recently, in a series C funding led by Amadeus Capital with participation from Westbridge Capital, Accion Frontier Inclusion Fund managed by Quota Capital. The money will be used for investments into expansion of its business offerings to areas which could benefit the company's customers, including acquiring stake in start-ups that have related operations.

IndiaMART Seeks IPO

IndiaMART InterMESH Limited is expecting this to be its last round before an initial public offering. However, a weak market has pushed the IndiaMART's plans to list. Indiamart is eyeing an IPO shortly to raise between Rs500-1,000 crore.

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