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Indiamart Intermesh to invest Rs 3 crore in Truckhall through arm

09 May 2023 Evaluate

Indiamart Intermesh, indirectly through its wholly owned subsidiary, Tradezeal Online (hereinafter referred as ‘Tradezeal’), has entered into an agreement to invest Rs 3 crore by subscribing to 30,000 0.0001% Compulsorily Convertible Debentures in Truckhall (hereinafter referred as ‘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.


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