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Indiamart Intermesh enters into agreement to invest Rs 61.55 crore in Simply Vyapar Apps

25 Jan 2022 Evaluate

Indiamart Intermesh has entered into an agreement to invest Rs 61.55 crore approximately in Simply Vyapar Apps (Simply Vyapar) in its Series B Investment Round by subscribing 1,809 Series B Compulsorily Convertible Preference Shares (‘CCPS’) and purchasing 444 Equity Shares. This investment shall be in line with the company’s long-term objective of offering various software as a service (SAAS) based solutions for businesses.

The aggregate shareholding of the Company, post this investment, shall increase from 26% currently to 27% of the share capital of Simply Vyapar, on fully diluted basis.

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

Indiamart Intermesh Share Price

2065.35 -26.30 (-1.26%)
11-May-2026 16:59 View Price Chart
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