About IndiaMART InterMESH Limited 

 

IndiaMART InterMESH Limited is India’s largest online B2B marketplace, connecting buyers and suppliers across a vast range of products and services through a two-way digital discovery platform. Incorporated on September 13, 1999, and listed on BSE and NSE, the Company enables businesses to discover products, generate enquiries and engage via AI-driven matchmaking, multilingual search, cloud telephony and CRM tools, among other features. The platform spans 8.4 Million Indian storefronts, 211 Million registered buyers, 119 Million product listings across ~98,000 categories and 56 industries, supported by 1,102 Million annual traffic and 2,17,000 paid suppliers. As on March 31, 2025, IndiaMART operated 72 offices in India and served markets across 28 states and 8 union territories; it also reported presence in 5 countries for its markets served disclosures. The Group had 5 subsidiaries (four wholly owned and one other) as on March 31, 2025.

 

Key product and service milestones include the launch of RFQ–BuyLead, CRM – Lead Manager, supplier reviews and ratings, cloud telephony (PNS), AI-driven matchmaking, voice and multi-language search, photo search and accounting software offerings—building a comprehensive digital enablement stack for MSMEs and enterprises.

 

IndiaMART InterMESH Limited’s Business Segments

 

Segment mix (consolidated): The IndiaMART.com web and related services business contributed about 95% of Revenue from Operations, with the balance from accounting software services and related offerings.

Geography: Exports contributed 0.24% of total turnover, indicating that revenue was overwhelmingly domestic.

 

IndiaMART InterMESH Limited’s Key Management

 

• Dinesh Chandra Agarwal – Managing Director & Chief Executive Officer
• Brijesh Kumar Agrawal – Whole-time Director
• Dinesh Gulati – Managing Director & Chief Operating Officer
• Jitin Diwan – Chief Financial Officer (appointed with effect from June 15, 2024)
• Prateek Chandra – Chief Strategy Officer (from June 15, 2024)
• Amarinder Singh Dhaliwal – Chief Product Officer & Chief of Staff
• Manoj Bhargava – Company Secretary

 

Latest Updates on IndiaMART InterMESH Limited 

 

• New subsidiary: The Company incorporated IIL Digital Private Limited on August 27, 2024, as a wholly owned subsidiary to set up a digital marketplace offering business solutions.
• Subsidiary reorganisation: A Scheme of Amalgamation among Busy Infotech Private Limited, Hello Trade Online Private Limited and Tolexo Online Private Limited (all wholly owned) was approved by the NCLT on January 17, 2025; the order was filed with the Registrar of Companies on February 14, 2025 (effective date), with an appointed date of April 1, 2023, following which the transferor entities stand dissolved.
• Strategic investments: The Company increased its equity ownership (on a fully converted and diluted basis) in Mobisy Technologies Private Limited to 31.33% during FY 2025 . Shipway Technology Private Limited ceased to be an associate during the year, as disclosed in the statutory schedule.
• Recognitions: IndiaMART received multiple awards, including the Integrated Annual Report Gold Award 2024 (LACP), recognition among the Top 50 Brands, awards in Unified Communications and at the 14th India Digital Awards, and recognition for its CIO at IDC CIO Symposium & Awards 2024.