IndiaMART to invest ₹65 crore in Fleetx, raising stake to 25.8%
The B2B marketplace will deepen its logistics-tech exposure through a further investment in fleet-management SaaS company Fleetx. The transaction, expected within 30 days, will take IndiaMART’s holding to 25.8%.
IndiaMART will invest about ₹65 crore in fleet-management SaaS startup Fleetx, raising its stake to 25.8%. The deal expands IndiaMART’s SaaS portfolio and logistics-tech exposure, while Fleetx reported FY25 revenue growth to ₹77.8 crore.
Why this matters
IndiaMART InterMESH is expanding its logistics-tech exposure through Fleetx. No related recent signals were provided to establish a broader recent investment pattern.
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