What is IndiaMart? IndiaMart Review

introduce

IndiaMART has 2,539 employees in 76 offices across the country. The platform has more than 35 million buyers, 4 million suppliers and 43 million products. Buyers from almost every country use the site, with more than 20 million inquiries per month. Suppliers can register for free to display their products.

Platform Advantages

1. More than 20,000 catalogs and 200,000 products

2. More than 600,000 suppliers and 20,000 product catalogs

3. Extensively participate in international exhibitions and Indian exhibitions

4. Extensive network coverage

5. Members enjoy 500,000 business inquiries per month

Product Advantages

1. More than 55 million page views per month

2. More than 550,000 trade inquiries per month

3. 600,000 registered members and 18,000 paid members from around the world

4. The main buyers are from the United States and Canada in North America, Latin America, the United Kingdom, Germany, France in Europe, the United Arab Emirates in the Middle East, China and India.

Registration Process

1. Any company can register as a member for free, but free members do not enjoy services, only their company name will appear

2. If you want to enjoy the service, you need to choose one of the three packages

Development History

In August 2013, it acquired local event discovery app Playcez to focus on mobile.

In June 2014, the company launched Tolexo, an e-commerce platform for small and medium-sized enterprises.

In November 2014, IndiaMART launched a campaign with Indian film actor Irrfan Khan as its brand ambassador.

In 2015, the company claimed to have 3 million suppliers on its site.

In FY17, IndiaMART had a market share of approximately 60% in the online B2B segment in India.

As of March 31, 2018, IndiaMART had 59.81 million registered buyers.

In 2018, IndiaMART's revenue grew to Rs 4,105 crore and it posted a profit of Rs 460 crore in 2018.

On June 24, 2019, according to foreign media reports, IndiaMART, India's largest B2B platform, launched its initial public offering (IPO) on this day. It will sell shares at a price of 970 Indian rupees per share, with a maximum fundraising amount of 47.6 billion rupees. IndiaMart's equity will be listed on BSE and the National Stock Exchange of India.

Financing

In early 2009, the company received Rs 500 crore in Series A funding from Intel Capital, with investments from IndiaMART, One97 Communications and Global Talent Track.

In March 2016, IndiaMart completed its Series C financing, led by Amadeus Capital, with participation from Westbridge Capital (India-US multinational venture capital) and Accion Frontier Inclusion Fund, as well as original investor Intel Capital. The funds will be used for its own business expansion and the construction of its e-commerce platform Tolexo.

In June 2018, IndiaMART had filled draft documents with SEBI to raise $88.24 million through its IPO and get listed on NSE and BSE exchanges.

Awards

In December 2007, IndiaMART was nominated as “NIRYAT SHIROMANI PURSKAR” and “GOLD MEDAL” by the Indian Council of Outstanding Small and Medium Exporters and Importers’.

IndiaMART.com was awarded the Friendly Business Excellence Award at the 10th International Business INBUSH 2008.

IndiaMART.com was nominated in the top 3 of the Emerging India Awards 2008.

On August 22, 2008, IndiaMART.com won the 2008 Super Achievement Award.

On December 8, 2008, IndiaMART.com won the 2008 Red Herring 100 Asia Award.