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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 $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.
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
$35.4M in 9 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 $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:lockFilter 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
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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. Vraj Sidapara and Dinesh Chandra Agarwal are the CEOs 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, 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

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 udaan, Moglix and Solv. 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
$35.4M
84/100
2nd
Logo for udaan
udaan
2016, Bengaluru (India), Series H
Provider of an eB2B platform for small businesses to source products and manage supply chain operations
$2.7B
77/100
3rd
Logo for Moglix
Moglix
2015, Singapore (Singapore), Series F
B2B e-commerce platform for industrial supplies
$471M
77/100
4th
Logo for Solv
Solv
2019, Bengaluru (India), Acquired
Marketplace platform offering multi-category products and services for businesses
$40M
58/100
5th
Logo for DeoDap
DeoDap
2014, Rajkot (India), Unfunded
B2B marketplace offering multi-category products
-
-
55/100
6th
Logo for Just Buy Live
Just Buy Live
2015, Mumbai (India), Series B
E-distribution platform connecting brands with retailers
$126M
54/100
7th
Logo for WCube
WCube
2019, Gurugram (India), Seed
Provider of a B2B procurement marketplace
$857K
52/100
8th
Logo for Beldara
Beldara
2018, Mumbai (India), Series A
B2B marketplace platform offering multi-category products
$7.4M
47/100
9th
Logo for LOTS Wholesale
LOTS Wholesale
2017, Gurugram (India), Unfunded
Online retailer of various consumer goods, including food and household items
-
-
45/100
10th
Logo for RKWI
RKWI
2021, Bengaluru (India), Unfunded
Provider of FMCG product distribution and Amazon seller onboarding services
-
-
45/100
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IndiaMART's Latest cap tables and shareholding

Other People own 0.02%. The cap table displayed below is for INDIAMART INTERMESH LIMITED which is the legal entity associated with IndiaMART.
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
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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 8 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
•
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FAQs about IndiaMART

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