Indiamart Intermesh has acquired 7.70% (on fully diluted basis) of share capital of Mynd Solutions. This investment is in line with the Company’s long-term objective of offering various fintech solutions including invoice discounting for businesses. Mynd Solutions is one of the RBI licensed entity, to set up TReDS platform with an objective of facilitating invoice discounting for MSMEs on PAN India basis.
Indiamart Intermesh is India’s largest online B2B marketplace for business products and services.
