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Which are the Companies Acquired by IndiaMart ?

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wiredlife:
IndiaMart acquired 26% stake in a Bangalore based start-up ? Simply Vyapar Apps (Vyapar), in Sep 2019, for Rs312m. This values the startup at ~Rs1.2bn, which generated revenue of ~Rs14.2m in FY19. Vyapar provides both ? mobile-basedand desktop based ? business accounting software with billing, GST invoice, stock inventory and accounting solutions. [We believe this acquisition was at a considerable premium]

In May 2020, IndiaMart acquired 8.98% stake in Mobisy Technologies (Bizom) for Rs100m, valuing the company at Rs1.1bn. Bizom provides sales force automation and distributor management systems to medium & large businesses. It generated revenue of Rs280m in FY19, clocking 65% CAGR in two years.

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