IndiaMART Listed Investor
India's largest online B2B marketplace, founded in 1996, connecting SME buyers with suppliers; went public via IPO in July 2019 and now also invests in B2B SaaS/fintech startups such as Vyapar, Bizom and IDfy.
Valuation
Returns
Per share
Growth · year on year
Ownership
Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.
How this score is calculated
| Measure | Value | Scores | Source |
|---|---|---|---|
| P/E What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall. Computed on a different basis this reads 19.40, which would score 75/100. Scored on the figure shown. |
11.71 | 100/100 | BSE |
| P/B Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons. |
3.89 | 50/100 | Market data |
| ROE Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business. |
22.20 | 100/100 | Market data |
| ROCE Return on capital employed — the same idea including debt, so it is harder to flatter with leverage. |
28.94 | 100/100 | Market data |
| Profit growth Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do. |
-13.51 | 0/100 | Market data |
| Sales growth Year-on-year growth in revenue. |
9.30 | 50/100 | Market data |
| Revenue growth · filed Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed. |
16.00 | 75/100 | Atlas |
| Profit trend · filed Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one. |
64.90 | 100/100 | Atlas |
| Promoter holding How much of the company its founders and controlling group still own. Higher usually means their money moves with yours. |
49.07 | 75/100 | Market data |
The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.
IndiaMART: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 24 Jun 2019 | IPO | ₹474 Cr (~$70 Mn) | source | |
| 9 Mar 2016 | Series C | Undisclosed | Amadeus Capital Partners Intel Capital Quona Capital WestBridge Capital | source |
IndiaMART: Recent Investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 13 Feb 2026 | IDfy | Series F | Rs 476 Cr (~$53 Mn) |
| 18 Dec 2024 | Bizom | Series B | $12 Mn |
| 30 Nov 2024 | Bizom | Debt | ₹14.3 Cr |
| 25 Sep 2023 | Legistify | Series A | $4 Mn |
| 16 Jan 2023 | Bizom | Secondary | ₹15.1 Cr |
| 1 Jan 2023 | Bizom | Debt | ₹8 Cr |
| 3 Mar 2022 | Zimyo | Corporate Round | $2.24 Mn |
| 25 Jan 2022 | Vyapar | Series B | ₹217.6 Cr (~$30 Mn) |
| 6 Jan 2022 | EasyEcom | Series A | ₹13.35 Cr (~$1.79 Mn) |
| 20 Sep 2021 | Legistify | Pre-Series A | $500K |
| 15 May 2020 | Bizom | Undisclosed | ₹11.4 Cr |
| 3 Sep 2019 | Vyapar | Series A | ₹36 Cr (~$4.97 Mn) |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 8 May 2025 | IndiaMART | Livekeeping | ₹26.78 Cr (~$3.1 Mn) — remaining ~34% stake | source |
| 25 Mar 2022 | IndiaMART | Livekeeping | ₹45.98 Cr (51.09% stake, fully diluted) | source |
| 23 Feb 2022 | IndiaMART | IndustryBuying | ₹104.2 Cr (26% stake) | source |
| 25 Jan 2022 | IndiaMART | Busy Infotech | ₹500 Cr (~$67 Mn) | source |
News on IndiaMART
-
28 Jul 2026
IndiaMART Fleetx Investment: ₹65 Crore Deal Lifts Stake -
22 Jul 2026
IndiaMART Q1 Profit Rises 12% YoY To ₹172 Cr -
21 Jul 2026
IndiaMART Launches IndiaMART Finance to Enter Lending
L Litmus · by Lapaas
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Who founded IndiaMART?
IndiaMART was founded by Dinesh Agarwal, Brijesh Agrawal in 1996.
How much funding has IndiaMART raised?
IndiaMART has raised $70 Mn across 2 tracked funding round(s), most recently on 2019-06-24. Figures are compiled from cited public sources.
Who are the investors in IndiaMART?
Investors in IndiaMART include Amadeus Capital Partners, Intel Capital, Quona Capital, WestBridge Capital.
What does IndiaMART do?
India's largest online B2B marketplace, founded in 1996, connecting SME buyers with suppliers; went public via IPO in July 2019 and now also invests in B2B SaaS/fintech startups such as Vyapar, Bizom and IDfy.
Where is IndiaMART headquartered?
IndiaMART is headquartered in Noida, Uttar Pradesh, India.
What is IndiaMART's business model?
IndiaMART's core value proposition centers on India's Largest Online B2B Marketplace, Dominant Market Position (KPMG).
How does IndiaMART make money?
IndiaMART's cited revenue streams include Supplier Subscription Fees.