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Indiamart Intermesh to acquire stake in Truckhall

16 Apr 2022 Evaluate

Indiamart Intermesh has indirectly through its wholly owned subsidiary, Tradezeal Online (Tradezeal), agreed to acquire 75,000 0.0001% Compulsorily Convertible Debentures (‘CCDs’) in Truckhall (Superprocure). 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.

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

Peers
Company Name CMP
Eternal 337.80
Swiggy 185.55
Meesho 224.65
FSN E-Comm. Ventur. 351.15
Brainbees Solutions 165.50
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