Indiamart Intermesh has entered into an agreement to invest in 51.09% of the share capital (on fully diluted basis) of Finlite Technologies (Livekeeping). This investment is in line with the company’s long term objective of offering various Software as a Service (SAAS) based solutions for businesses. The indicative time period for completion of the acquisition is 60 days. The company intends to invest upto Rs 45.98 crore approximately in Livekeeping.
Indiamart Intermesh is India’s largest online B2B marketplace for business products and services.
