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IndiaMART Reviews

Noida, Uttar Pradesh

4.7/ 5

3 reviews

IndiaMART InterMESH Limited is India's largest online business-to-business (B2B) marketplace, serving as a vital digital bridge that connects buyers with suppliers across the nation. Founded on April 1, 1996, by cousins Dinesh Agarwal and Brijesh Agrawal, the company began its operations during the early days of internet adoption in India, initially focusing on website development and an online business directory for Small and Medium Enterprises (SMEs). Over the decades, it evolved into a massive e-marketplace, operating under the core mission "to make doing business easy." Headquartered in Noida, Uttar Pradesh, IndiaMART has established a widespread geographic presence with branch offices in major Indian commercial hubs, including Mumbai, Bengaluru, and Chennai. The company operates a subscription-based model that enables product discovery, lead generation, and business transactions. Catering to small, medium, and large enterprises, as well as individuals, IndiaMART hosts an expansive catalog of over 108 million products and services spanning across 98,000 product categories and 56 industry groups. These range from industrial plants, machinery, and construction raw materials to electronics, apparel, medical supplies, and logistics. According to industry reports, IndiaMART commands a dominant market share of approximately 60% within the online B2B classifieds space in India, empowering over 8.7 million suppliers and connecting them with a massive user base of more than 230 million registered buyers. To enhance trust and security in business interactions, IndiaMART offers specialized tools such as its TrustSEAL verification program, a centralized lead management system, and cloud telephony solutions. It also features an instant payment solution called Pay with IndiaMART, which incorporates payment protection programs to safeguard transactions. Driven by a robust technology-driven matchmaking engine, the platform allows suppliers to scale their digital visibility while providing buyers a convenient avenue to find verified sellers. In July 2019, IndiaMART successfully went public via an initial public offering (IPO), making it the first online B2B marketplace to list on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), where it trades under the ticker INDIAMART. Financially stable and virtually debt-free, the company has expanded its corporate ecosystem through strategic investments and acquisitions. It owns prominent subsidiaries such as Busy Infotech (a major accounting software provider tailored for SMEs acquired in 2022), Live Keeping, Tradezeal International, Tolexo, and the recently established IIL Digital. Backed by a workforce of over 6,200 employees, IndiaMART continues to drive digital and financial inclusion, integrating artificial intelligence and corporate governance standards to advance India's B2B e-commerce landscape.