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 $35.4M in funding from investors like Amadeus Capital, Intel and Accion. The company has 290 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like udaan, Moglix and Solv.
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.
- Website
- www.indiamart.com
- 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
$35.4M in 9 rounds
Latest Funding Round
Investors
Ranked
1st among 290 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
6,222 as on Mar 31, 2026
Exit Details
Public
Legal entities associated with IndiaMART
IndiaMART is associated with 11 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
BHAGAYLAXMI WOODEN SUPPLIERS s.r.o. CIN: 28907132 , Czech Republic, Active | May 29, 2009 | - | - | |
CHONDRIT s.r.o. CIN: 01486161 , Czech Republic, Active | Mar 22, 2013 | - | - | |
SULTANIA MULTI SERVICE LTD CIN: 13877364 , United Kingdom, Active | Jan 27, 2022 | - | 1 (As on Jan 31, 2024) | |
DAWER POLY SOLUTIONS PRIVATE LIMITED CIN: U25209DL2017PTC321014 , India, Active | Jul 21, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
AADISHRI SYNTHETIC PRIVATE LIMITED CIN: U17299DL2018PTC337969 , India, Active | Aug 29, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
VANSHIKA COMMUNICATION PRIVATE LIMITED CIN: U52609UP2017PTC093948 , India, Active | Jun 08, 2017 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
VASUDHA COLOURS PRIVATE LIMITED CIN: U80221KA1985PTC007051 , India, Active | Jul 30, 1985 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 1 (As on Jun 30, 2025) | |
GYANTI MULTISERVICES PRIVATE LIMITED CIN: U46610UP2016PTC088333 , India, Active | Dec 14, 2016 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
SRI MURUGAN WIRES & CABLES PRIVATE LIMITED CIN: U74999TN2012PTC086263 , India, Active | Jun 12, 2012 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | - | |
INDIAMART INTERMESH LIMITED CIN: L74899DL1999PLC101534 , India, Active | Sep 13, 1999 | ₹1,000+ Cr (As on Mar 31, 2026) | 4024 (As on Apr 01, 2026) | |
HELLO TRADE ONLINE PRIVATE LIMITED CIN: U51909HR2008PTC120183 , India, Amalgamated | Jul 03, 2008 | 0 - ₹10 Cr (As on Mar 31, 2024) | - |
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 $35.4M over 9 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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2021 | 7913809 | Post IPO | 2066348 | 4076741 | 8311744 | 3365240 |
Mar 31, 2017 | 4479592 | Series C | 4752518 | 4246005 | 8836192 | |
Jan 29, 2016 | 5165960 | Series C | 6136458 | 4451250 |
View details of IndiaMART's funding rounds and investors
IndiaMART's founders and board of directors
Founder? Claim ProfileThe founders of IndiaMART are Dinesh Chandra Agarwal and Brijesh Kumar Agrawal. Vraj Sidapara and Dinesh Chandra Agarwal are the CEOs of IndiaMART.
Here are the details of IndiaMART's key team members:
- Dinesh Chandra Agarwal: Co-Founder, CEO & Managing Director of IndiaMART and founder of 6 other companies, including S.D. Electronics, ZonedIn and Folwd. They are also an angel investor in 57 startups.Contact Info: 1 phone number
- Brijesh Kumar Agrawal: Co-Founder & Director of IndiaMART. They are also an angel investor in 4 startups.Contact Info: 1 phone number
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, Sandeep Kumar Barasia, Pallavi Dinodia Gupta, 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 | 27y 0m | |
Team | - | Current | 27y 0m | |
Independent board member | - | Current | 1y 8m | |
zuldoxo | Independent board member | - | Current | 2y 5m |
bvheess | Independent board member | - | Current | 9y 6m |
sgbefea | Independent board member | - | Current | 6y 8m |
rclvmul | Independent board member | - | Current | 2y 2m |
djqjbpf | Independent board member | - | Current | 6y 6m |
szwgfmy | Independent board member | - | Current | 4y 8m |
View details of IndiaMART's Founder profiles and Board Members
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:
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IndiaMART's Competitors and alternates
Top competitors of IndiaMART include udaan, Moglix and Solv. Here is the list of Top 10 competitors of IndiaMART, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | B2B marketplace platform connecting buyers and suppliers offering diverse industrial products | $35.4M | 84/100 | ||
2nd | Provider of an eB2B platform for small businesses to source products and manage supply chain operations | $2.7B | 77/100 | ||
3rd | B2B e-commerce platform for industrial supplies | $471M | 77/100 | ||
4th | Marketplace platform offering multi-category products and services for businesses | $40M | 58/100 | ||
5th | B2B marketplace offering multi-category products | - | - | 55/100 | |
6th | Just Buy Live 2015, Mumbai (India), Series B | E-distribution platform connecting brands with retailers | $126M | 54/100 | |
7th | Provider of a B2B procurement marketplace | $857K | 52/100 | ||
8th | B2B marketplace platform offering multi-category products | $7.4M | 47/100 | ||
9th | LOTS Wholesale 2017, Gurugram (India), Unfunded | Online retailer of various consumer goods, including food and household items | - | - | 45/100 |
10th | Provider of FMCG product distribution and Amazon seller onboarding services | - | - | 45/100 |
Looking for more details on IndiaMART's competitors? Click here to see the top ones
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:
Filter 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) |
See all investments and acquisitions by IndiaMART
Reports related to IndiaMART
Here is the latest report on IndiaMART's sector:
News related to IndiaMART
Media has covered IndiaMART for a total of 8 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
IndiaMART Shares Plunge to 52-Week Low Amidst Concerns Over Declining Paid SuppliersInc42•Jul 22, 2026•IndiaMART
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IndiaMART InterMESH Limited Announces Q1 FY2027 Financial ResultsMedia Bulletins•Jul 21, 2026•IndiaMART
•
IndiaMART and SquadStack.ai deploy India’s largest Agentic AI system in live e-commerceExpress Computer•Jun 18, 2026•IndiaMART
•
Buy IndiaMART Ltd For Target Rs. 2,500 by Motilal Oswal Financial Services LtdInvestment Guru India•Jun 02, 2026•IndiaMART
•
AI procurement startup Aerchain raises $13 million in Series A led by Pavestone VCCNBC-TV18•Mar 18, 2026•Aerchain, Pavestone Capital, IndiaMART
•
IDfy Raises $53 Mn Led by Neo Secondaries FundEntrackr•Feb 13, 2026•Idfy, Analog Capital, Blume Venture, Kae Capital and 2 others
•
•
IndiaMART dispute: Tensions between India's safe harbor and sectoral lawsLexology•Oct 16, 2025•IndiaMART
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IndiaMART CIO Nikhil Prabhakar on digital transformation with AI, B2B marketplaceExpress Computer•Sep 04, 2025•IndiaMART
•
Indiamart Intermesh Reports Strong Profit Growth Amid Evolving Market DynamicsMarketsMojo•Aug 14, 2025•IndiaMART
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