Simply Vyapar Apps Pvt Ltd announced that it has received INR 2.24 billion in funding from Westbridge Capital India Advisors Private Limited, IndiaMART InterMESH Limited, India Quotient Advisers LLP, FortyTwo.VC
January 24, 2022
Share
Simply Vyapar Apps Pvt Ltd announced that it has received around INR 2,240 million in a round of funding led by new investor, Westbridge Capital India Advisors Private Limited on January 25, 2022. The transaction also included participation from new investor FortyTwo.VC and returning investors IndiaMART InterMESH Limited and India Quotient Advisers LLP.
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.
Simply Vyapar Apps Pvt Ltd announced that it has received INR 2.24 billion in funding from Westbridge Capital India Advisors Private Limited, IndiaMART InterMESH Limited, India Quotient Advisers LLP, FortyTwo.VC