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

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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 ......