Legistify Services Private Limited announced that it has received INR 332 million in funding from IndiaMART InterMESH Limited, Cathexis Capital LLC, Titan Capital, ENRISSION Inc., GSF India, Justin Hamilton Ltd
September 24, 2023
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Legistify Services Private Limited announced that it has received INR 332 million in a round of funding co-led by returning investors IndiaMART InterMESH Limited and Titan Capital on September 25, 2023. The transaction included participation from new investors Cathexis Capital LLC, ENRISSION Inc., Justin Hamilton Ltd and returning investor GSF India. The company has received INR 415.645702 million ($5 million) in funding till date.
IndiaMART InterMESH Limited is an India-based online business-to-business (B2B) marketplace, which connects buyers with suppliers. The channel is focused on providing a platform for small and medium enterprises (SMEs), large enterprises, as well as individuals. The Company operates through two segments: Web and related Services and Accounting Software Services. Web and related services segment provide business-to-business e-marketplace services, which acts as an interactive hub for domestic and international buyers and suppliers. The Accounting software services segment provides the business of development, system analysis, designing and marketing of integrated business accounting software to help and manage businesses with increased efficiency. The Company's solutions include IM Leader, IM Star, TrustSEAL, Maximiser, IndiaMART Paid Service (MDC), IndiaMART Verified Exporter, enterprise solutions and advertising solutions.
Legistify Services Private Limited announced that it has received INR 332 million in funding from IndiaMART InterMESH Limited, Cathexis Capital LLC, Titan Capital, ENRISSION Inc., GSF India, Justin Hamilton Ltd