IndiaMart Intermesh Ltd is India’s largest online B2B marketplace for business products
and services, providing a robust platform for businesses to discover products and services of their choice and connect with relevant suppliers of such product and services.
IndiaMART has 2,754 employees located across 32 offices in the country.
IndiaMart Intermesh Ltd Profile
IndiaMART is India’s largest online B2B marketplace, connecting buyers with suppliers. With 60% market share of the online B2B Classified space in India, the channel focuses on providing a platform to Small & Medium Enterprises (SMEs), Large Enterprises as well as individuals.
- CIN: L74899DL1999PLC101534
- Registration Date: September 13, 1999
- Email- email@example.com
- Website- www.indiamart.com
- Registered address: 1st Floor, 29-Daryaganj, Netaji Subash Marg, New Delhi- 110002
The company earn revenue primarily through the sale of subscription packages, Silver, Gold & Platinum to suppliers, which offer a range of benefits including priority listing of their products, access to RFQs, CRM and messaging systems and online payment gateway
services. The subscription packages are available on a monthly, semi-annual, annual and multi-year basis.
The Company also earns revenue from advertising space sold on the IndiaMART platform. Revenue from advertising on IndiaMART accounted for less than 5% of the Company’s total revenue in fiscals 2019, 2020 and 2021.
Largest online B2B marketplace
Founded in 1999, the company’s mission is ‘to make doing business easy’. Suppliers use platform to list their product and services and generate business enquiries with respect to such products and services.
In addition, the company offer cloud telephony, CRM, chat messaging and payment gateway to enable suppliers and buyers to have conversations, accept online payments and engage in commerce efficiently.
As on March 31, 2021, the company had
- 125 million+ registered buyers and
- 6.5 million+ suppliers,
- listing 72 million+ products organised across 97,000+ categories and
- 56 industries spread across the country.
The company supplier base is diversified across categories such that no specific category accounts for more than 8% of suppliers. Majority of the suppliers in the IndiaMART marketplace belong to the Micro, Small and Medium-sized Enterprises (MSME) segment.
Subsidiaries of IndiaMart
IndiaMart Intermesh Ltd Company has four (4) Subsidiary Companies and two (2) Associate Companies.
List of Subsidiaries of IndiaMart
- Tolexo Online Private Limited (‘TOPL’)
- Pay With Indiamart Private Limited (‘PWIPL’)
- Tradezeal Online Private Limited (‘TOPL’)
- Hello Trade Online Private Limited (‘HTOPL’)
Tolexo Online Private Limited was incorporated on May 28, 2014. The Company is primarily engaged in the business of building a cloud-based solution for SME businesses to help them manage their business with increased efficiency.
Pay With Indiamart Private Limited was incorporated on February 07, 2017. The Company is engaged in the business of electronic payment facilitation mechanisms
through internet-based solutions & products, financial intermediation and services in connection with electronic payments as well as receipts, products, technologies and
Tradezeal Online Private Limited, formerly known as Tradezeal International Private Limited, was incorporated on May 31, 2005.
Hello Trade Online Private Limited was incorporated on July 03, 2008. The Company being not actively engaged in any business is, however, authorised to indulge in a gamut of businesses, like conducting domestic trade and international business facilitation, including sales, marketing, operational, technological, information processing and other trade and business-related services.
List of Associate companies of IndiaMart Intermesh Limited
- Simply Vyapar Apps Private Limited (‘Vyapar’)
- Ten Times Online Private Limited (‘TTOPL’)
Ten Times Online Private Limited was incorporated on February 26, 2014, as a subsidiary of IndiaMART InterMESH Limited. It is currently engaged in the business of operating www.10times.com, a platform for business events discovery and networking.
Simply Vyapar Apps Private Limited was incorporated on March 08, 2018. The Company is involved in the business of selling ‘Vyapar’ a Business Accounting Software made for Indian Small Businessmen to deal with invoicing, inventory, accounting needs, and much more.