Indiamart Intermesh has acquired 5,235 equity shares of face value of Rs 10 each from the promoters of Livekeeping Technologies. As a result of this acquisition, Livekeeping Technologies has become a wholly owned subsidiary of the Company. This investment is 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.