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IndiaMART InterMESH informs about acquisition

25 Jan 2022 Evaluate
IndiaMART InterMESH has informed that IndiaMART InterMESH has entered into an agreement to invest Rs. 61.55 Crores (Approx.) in Simply Vyapar Apps in its Series B Investment Round by subscribing 1,809 Series B Compulsorily Convertible Preference Shares ('CCPS') and purchasing 444 Equity Shares. The details of the transactions and presentation are attached.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Eternal 323.00
Swiggy 277.90
Meesho 216.60
FSN E-Comm. Ventur. 343.20
Brainbees Solutions 168.60
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