India’s oldest B2B portal
Indiamart has filed for an IPO. Noida based Indiamart turned 22 this year. It’s a business information company.
Indiamart has filed for an IPO. Noida based Indiamart turned 22 this year. It’s a business information company.
Summary:
Dinesh quit HCL in 1995 and started Indiamart.
It caters to SMEs and traders across sectors including manufacturing and industrial tools, electronics, automobiles, and fashion accessories.
It has 4.7 million suppliers and 60 million buyers.
It competes with the likes of Alibaba, TradeIndia, and ExportersIndia.
Show me the numbers:
It is cash flow profitable.
It posted a revenue of INR 410 crores for FY18.
It has raised INR 200 crore till date. It also plans an IPO for INR 500 crores.
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