Posts Tagged ‘ Indiamart Intermesh Ltd. ’
Thursday, March 16, 2017
Dearton Thomas Hector
Noida-based IndiaMART InterMESH Ltd is shutting down the retail B2B wing of its online business goods marketplace Tolexo due to flagging sales and underperformance following the government’s demonetisation move, Dinesh Agarwal, the company’s founder and chief executive, told VCCircle. Ag...
Online business goods marketplace Tolexo Online Pvt. Ltd will lay off 300 employees, or 85% of its workforce, according to a report by Business Standard. The report went on to add that the move is part of the company’s plans to wind up its online business to launch a completely new offline initiat...
24 February, 2017 |
While the poster boys of the industry continue to maintain silence on the new guidelines for e-commerce marketplaces, others hailed the move to ensure a level playing field. On Twitter, Snapdeal co-founder Kunal Bahl gave an obligatory thumbs up to the new norms without talking about the likely fall...
30 March, 2016 |
Dinesh Agarwal, founder and CEO of IndiaMart InterMESH Ltd, one of the country’s largest homegrown listing platforms connecting buyers with suppliers, has been part of India’s entrepreneurial scene for two decades now. Agarwal and Brijesh Agrawal started IndiaMart in 1996, much before the era of...
16 March, 2016 |
IndiaMART InterMESH Ltd, which runs an online B2B platform for small and medium businesses connecting global buyers with suppliers under the brand Indiamart, has raised an undisclosed amount in Series C funding led by Amadeus Capital. WestBridge Capital, Accion Frontier Inclusion Fund (managed by ...
9 March, 2016 |
Dinesh Agarwal, founder and CEO of Indiamart InterMESH Ltd, one of the country’s largest homegrown listing platforms connecting buyers with suppliers, has turned into a big-time investor in recent years, putting in money in a number of startups. His portfolio includes companies such as medical app...
23 February, 2016 |
IndiaMART InterMESH Ltd, which runs an online B2B platform for small and medium businesses connecting global buyers with suppliers under the brand IndiaMART, has initiated talks to raise as much as $200 million for its recently launched property Tolexo, which enables online transactions, sources...
17 April, 2015 |