IndiaMART to double AI spend every six months to purge fake listings, scale sellers to 1 million

India's B2B marketplace is committing ₹2.26 billion ($23.94M) to FY26 tech and content, deploying AI to detect proxy accounts and voice-to-text tools. Move follows 2022 USTR Notorious Markets flag. Platform matches 600 buyers per minute across 90M monthly visitors, targeting growth from 220,000 to 1M paying sellers.

— Filed Fri, 26 Jun, 2026, 08:34 IST · Source The Hindu BusinessLine · Updated

IndiaMART plans to double AI spending every six months to curb fake listings, detect proxy seller accounts and deploy voice-to-text buyer tools, following its 2022 USTR Notorious Markets flag. Targets scaling from 220,000 to 1 million sellers.

Why this matters

Second integrity-focused move this cycle: follows Delhi HC ordering Vercel and GitHub to pull 15 fake IndiaMART clone sites tied to OTP phishing. AI investment signals platform-level response to trust erosion.

Omni-channel theme steady at 431 signals in 90d, reflecting sustained platform investment activity.