Mobisy Technologies Private Limited announced that it has received INR 1.02 billion in funding from Pavestone Capital, IndiaMART InterMESH Limited and other investors
Mobisy Technologies Private Limited announced that it has received INR 1,020 million in a round of funding led by new investor, Pavestone Capital for INR 636.504 million ($7.5 million) in a round of funding on December 18, 2024. The transaction also included participation from returning investor, IndiaMART InterMESH Limited for INR 144.27424 million ($1.7 million) and other family offices.
IndiaMART InterMESH Limited is an India-based company. The Company is an online business-to-business (B2B) marketplace, which connects buyers with suppliers. Its 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.
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Mobisy Technologies Private Limited announced that it has received INR 1.02 billion in funding from Pavestone Capital, IndiaMART InterMESH Limited and other investors
