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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

2172.70 17.50 (0.81%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Eternal 252.60
Meesho 163.65
Swiggy 277.60
FSN E-Commerce 269.65
Brainbees Solutions 252.40
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