IndiaMART
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Investment Firm
Overview
IndiaMART is an online B2B marketplace, connecting buyers with suppliers. The online channel focuses on providing a platform to SMEs, large enterprises as well as individuals. Founded in 1996, the company’s mission is ‘to make doing business easy’.
5.98 Crore+ Buyers | 47 Lakh+ Suppliers | 5 Crore+ Products
IndiaMART for Buyers
- Convenience of connecting with sellers anytime, anywhere
- Wider marketplace with a range of products and suppliers
- One-stop-shop for all requirements
IndiaMART for Suppliers
- Enhanced business visibility
- Access to buyers from across the globe
- Increased credibility for your brand
IndiaMART has over 3600 employees located across 80+ offices in the country, and with customers spanning across 200 nations. Its existing investors include Intel Capital, Amadeus Capital, WestBridge Capital & Quona Capital.
Highlights
Founded
1996
Industry
E-Commerce
Employees
1001-5000
Investment
18
Lead Investment
10
Exits
1
Stages
Seed, Early Stage Venture
Investor Type
N/A
Location
India, Asia
Contact Information
Social
Profile Resume
IndiaMART, established in 1996 and headquartered in India, Asia., specializes in Seed, Early Stage Venture investments across Internet, Marketplace, B2B, Procurement, Information Services, Information Technology, FinTech, Machine Learning, Risk Management, Fraud Detection. The organization boasts a portfolio of 18 investments, with an average round size of $6.7M and 1 successful exits. Their recent investments include ProcMart, IDfy, Sixth Sense Ventures, Edelweiss Financial Services, Paramark Ventures. The highest investment round they participated in was $2.8B. Among their most notable exits are ProcMart and IDfy. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
IndiaMART has made 18 investments. Their most recent investment was on May 30, 2024, when IDfy raised $10.8M.
investments
18
Diversity investments
0
Lead investments
10
Number of exits
1
Investments
18
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Nov 15, 2022 | M1xchange | Financial Services | 4.7M |
| Sep 25, 2023 | Legistify | Internet | 4.0M |
| Mar 22, 2024 | ProcMart | Internet | 3.0M |
| May 30, 2024 | IDfy | Information Services | 10.8M |
ProcMartExits
1
Funding Timeline
Funding rounds
18
Investors
12
Funds
0
Funding Rounds
18
IndiaMART has raised 18 rounds. Their latest funding was raised on May 30, 2024 from a Corporate Round - IDfy round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Nov 15, 2022 | Secondary Market - M1xchange | - | 4.7M | - |
| Sep 25, 2023 | Series A - Legistify | - | 4.0M | - |
| Mar 22, 2024 | Series B - ProcMart | - | 3.0M | - |
| May 30, 2024 | Corporate Round - IDfy | - | 10.8M | - |
Investors
13
IndiaMART is funded by 13 investor(s). SBI Mutual Fund and Morgan Stanley Asia Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Elevation Capital | Yes | Venture Round - IndiaMART | 30.8M |
Kuwait Investment Authority | No | Venture Round - IndiaMART | 30.8M |
Morgan Stanley Asia | No | Post-IPO Secondary - IndiaMART | 22.7M |
SBI Mutual Fund | No | Post-IPO Secondary - IndiaMART | 22.7M |
Kuwait Investment Authority
SBI Mutual FundFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
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Recent Activity
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