InvestorQ : Is it true that Indiamart has touched the mark of 10 crore users, because that is nearly 10% of Indian population?
rhea Babu made post

Is it true that Indiamart has touched the mark of 10 crore users, because that is nearly 10% of Indian population?

Answer
image
1 year ago
Follow

That is a statement made by Indiamart, which is one of India’s leading B2B marketplaces. In fact, the company has announced that its user base had grown from 1 crore to 10 crore in just 6 years, which his stupendous growth. These are registered users and not exactly clients, but surely a customer-touch point. India is aimed as a B2B market place to provide a one-stop solution for all business needs. There are already a large number of MSMEs that are registered and are actively dealing in this platform. Interestingly, the model of Indiamart is such that only 36% of the business comes from metros with the balance 64% coming from tier one, tier two and smaller towns. IndiaMART is India's largest online B2B marketplace for business products and services. It is a platform that connects buyers and sellers across borders and time-zones through business solutions. Apart from bringing buyers and sellers together on a single platform, Indiamart also works on lead generation, lead management and payment solutions to its sellers.

1 Views