IndiaMART InterMESH, India’s leading online B2B marketplace, has announced an additional investment of ₹14.3 crore in Mobisy Technologies. This move highlights its strategic push toward expanding SaaS (Software as a Service) solutions for businesses.

The deal includes the acquisition of 100 equity shares and 91,804 CCPS in Mobisy, increasing IndiaMART’s stake in the company. This follows a prior increase in September 2024, when IndiaMART raised its ownership in Mobisy to 27.21% through debenture conversions.

Mobisy Technologies is renowned for its flagship product, Bizom, a supply chain and sales force automation platform. This tool empowers businesses to streamline operations, aligning with IndiaMART’s broader goal of enabling digital transformation in a growing economy.

This investment underscores IndiaMART’s commitment to fostering technology-driven startups. The company has consistently targeted automation, supply chain management, and enterprise solutions as critical growth areas.

The partnership between IndiaMART and Mobisy is expected to drive mutual growth, leveraging Mobisy’s SaaS capabilities and IndiaMART’s extensive market reach. This collaboration positions both firms to capitalize on India’s booming SaaS market, which is set for exponential growth.

Credit: This article is based on information from IndiaMART press releases and industry sources.

Key Highlights:

• IndiaMART invests ₹14.3 crore in Mobisy Technologies, boosting its SaaS portfolio.
• Mobisy’s flagship Bizom platform focuses on supply chain and sales force automation.
• The move aligns with IndiaMART’s strategy to support tech startups and digital transformation.
• Enhanced synergies aim to capitalize on India’s growing SaaS sector.