Indiamart Intermesh has reported 15% growth in total business enquiries delivered to 113 million in Q1FY20 from 98 million in Q1FY19. The company’s supplier storefronts grew to 5.6 million in Q1FY20 from 5.1 million in Q1FY19, an increase of 11% Year-on-Year.
During the same period, paying subscription suppliers witnessed an increase to 132.5 thousand from 113.1 thousand, a growth of 17%.
Indiamart Intermesh is India’s largest online B2B marketplace for business products and services with approximately 60% market share of the online B2B classifieds space in India in fiscal 2017.
