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IndiaMART - About the company

IndiaMART is a public company based in Noida (India), founded in 1999 by Dinesh Chandra Agarwal and Brijesh Kumar Agrawal. It operates as a B2B marketplace platform connecting buyers and suppliers offering diverse industrial products. IndiaMART has raised $34.5M in funding from investors like Amadeus Capital, Intel and Accion. The company has 467 active competitors, including 37 funded and 15 that have exited. Its top competitors include companies like Alibaba, JollyChic and DHgate.

Company Details

B2B marketplace platform connecting buyers and suppliers offering diverse industrial products. It provides transactions across various categories, including building materials, electronics, pharmaceuticals, industrial equipment, apparel, chemicals, and logistics. The platform offers a venue for businesses to find products, connect with verified sellers, and generate leads. It provides services such as payment protection and supplier verification to foster trust and security in business transactions.
Social
XFacebook
Email ID
*****@indiamart.com
Phone Number
+91 **********
Registered Address
26-H, VEERASANDRA INDUSTRIAL AREA, HEBBAGODI POST ANEKAL, HOSUR ROAD, TALUK HOSUR ROAD,BANGALORE-, Karnataka, India, 560100
Key Metrics
Founded Year
1999
Location
Noida, India
Stage
Public
Total Funding
$34.5M in 6 rounds
Latest Funding Round
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
6,222 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

IndiaMART's IPO details

IndiaMART got listed on Jul 04, 2019.
Click here to take a look at IndiaMART's IPO in detail
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IndiaMART's funding and investors

IndiaMART has raised a total funding of $34.5M over 6 rounds. Its first funding round was on Mar 30, 2007. IndiaMART has 10 institutional investors and 51 angel investors.

Here is the list of recent funding rounds of IndiaMART:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 17, 2021
7808077
Post IPO
9425037
1755888
2840581
4497249
Mar 31, 2017
9739633
Series C
2154107
3519209
3073483
Jan 29, 2016
8536790
Series C
8027735
8298371
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IndiaMART's founders and board of directors

Founder? Claim Profile
The founders of IndiaMART are Dinesh Chandra Agarwal and Brijesh Kumar Agrawal. Dinesh Chandra Agarwal is the CEO of IndiaMART.
Here are the details of IndiaMART's key team members:

IndiaMART's Board of Directors

IndiaMART's board has 9 active members. Brijesh Kumar Agrawal and Dinesh Chandra Agarwal are part of team and Manoj Bhargava, Vivek Narayan Gour, Pallavi Dinodia Gupta, Sandeep Kumar Barasia, Manish Vij, Vasuta Agarwal and Dhruv Prakash . are independent board members.
Here is the list of IndiaMART's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
18y 5m
Team
-
Current
11y 10m
Independent board member
-
Current
1y 6m
ccxgfli
Independent board member
-
Current
4y 4m
kfdylyy
Independent board member
-
Current
4y 6m
wqb{bdh
Independent board member
-
Current
2y 4m
kstxgnh
Independent board member
-
Current
8y 5m
h{nsyrs
Independent board member
-
Current
5y 9m
epxluex
Independent board member
-
Current
5y 2m

IndiaMART's employee count trend

IndiaMART has 6,222 employees as of Mar 26. The total employee count is 2.0% more than what it was in Mar 25. Here is IndiaMART's employee count trend over the years:
Employee count trend for IndiaMART
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IndiaMART's Competitors and alternates

Top competitors of IndiaMART include Alibaba, JollyChic and DHgate. Here is the list of Top 10 competitors of IndiaMART, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IndiaMART
IndiaMART
1999, Noida (India), Public
B2B marketplace platform connecting buyers and suppliers offering diverse industrial products
$34.5M
84/100
2nd
Logo for Alibaba
Alibaba
1999, United States, Public
Online marketplace connecting global buyers with manufacturers, suppliers, and exporters
-
79/100
3rd
Logo for JollyChic
JollyChic
2012, Hangzhou (China), Series C
Online retailer of multi-category consumer products
$111M
71/100
4th
Logo for DHgate
DHgate
2004, Beijing (China), Series D
B2B cross-border wholesale marketplace platform
$45.5M
69/100
5th
Logo for Global Sources
Global Sources
1970, Hong Kong (China), Acquired
B2B marketplace platform offering multi-category products
-
66/100
6th
Logo for Aliexpress
Aliexpress
2010, Hangzhou (China), Unfunded
Online cross-border marketplace platform offering multi-category products
-
-
57/100
7th
Logo for Geniemode
Geniemode
2021, Gurugram (India), Series C
Sourcing and supply chain platform for retailers and suppliers
$87.7M
57/100
8th
Logo for Ubuy
Ubuy
2012, Kuwait City (Kuwait), Unfunded
Online retailer offering multi-category products
-
-
55/100
9th
Logo for SAZO
SAZO
2024, Seoul (South Korea), Series A
Provider of Korean product direct import and fulfillment services
$15.2M
54/100
10th
Logo for Distacart
Distacart
2020, Mountain View (United States), Unfunded
Online retailer of multi-category products
-
-
52/100
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IndiaMART's Latest cap tables and shareholding

Other People own 0.02%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Other People
0.02%
7.7L
0
0
0
0
Total
0.02%
7.7L
0
0
0
0
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of IndiaMART's Shareholding

IndiaMART's Investments and acquisitions

IndiaMART has made 24 investments in companies including Aerchain and Idfy. IndiaMART has also acquired 4 companies including Livekeeping and Finlite Technologies.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 18, 2026
Investments
2016
Bengaluru (India)
Feb 13, 2026
Investments
2011
Mumbai (India)
May 24, 2025
Investments
2017
Gurugram (India)
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See all investments and acquisitions by IndiaMART

Reports related to IndiaMART

Here is the latest report on IndiaMART's sector:

News related to IndiaMART

lockFilter this list
Media has covered IndiaMART for a total of 9 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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FAQs about IndiaMART

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