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Indiamart Intermesh acquires 100% stake in Busy Infotech

08 Apr 2022 Evaluate

Indiamart Intermesh has completed acquisition of 100% (on fully diluted basis) of share capital of Busy Infotech (BUSY) on April 06, 2022. Consequent aforesaid acquisition, BUSY has become as wholly-owned subsidiary of the company.

Earlier, on January 24, 2022, the company had entered into an agreement to acquire 100% paid up capital of Busy. The proposed would help the company to offer accounting software solutions to businesses in line with its long-term vision of enabling businesses.

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

Indiamart Intermesh Share Price

1777.05 1.25 (0.07%)
05-Aug-2026 11:57 View Price Chart
Peers
Company Name CMP
Eternal 311.80
FSN E-Comm. Ventur. 334.30
Meesho 191.90
Swiggy 291.80
Brainbees Solutions 215.05
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