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Indiamart Intermesh acquires stake in M1xchange for Rs 32.4 crore

30 Nov 2021 Evaluate

Indiamart Intermesh has acquired stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore. The company has earlier announced a deal to acquire 7.7 per cent in M1xchange for Rs 32.4 crore and now the transaction closes.

Indiamart Intermesh is India’s largest online B2B marketplace for business products and services.

Indiamart Intermesh Share Price

2091.65 -0.55 (-0.03%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Eternal 256.35
Meesho 200.05
Swiggy 280.80
FSN E-Commerce 272.90
Brainbees Solutions 235.95
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