IndiaMART Boosts Leadership Team With Key Appointments

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SUMMARY

IndiaMART reshuffles its leadership with three key changes – serial entrepreneur Manish Vij joins as independent director, legal head Manoj Bhargava becomes whole-time director, and Vasudha Bagri appointed as new compliance officer

Q3 FY25 saw profit rise 48% to INR 121 Cr and revenue grow 16% to INR 354.3 Cr, alongside improved EBITDA margins and 10% growth in customer collections

Plans announced to increase stake in SaaS startup Mobisy Technologies from 27.21% to 31.33% through INR 14.3 Cr investment

IndiaMART



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IndiaMART Boosts Leadership Team With Key Appointments


SUMMARY

IndiaMART reshuffles its leadership with three key changes – serial entrepreneur Manish Vij joins as independent director, legal head Manoj Bhargava becomes whole-time director, and Vasudha Bagri appointed as new compliance officer

Q3 FY25 saw profit rise 48% to INR 121 Cr and revenue grow 16% to INR 354.3 Cr, alongside improved EBITDA margins and 10% growth in customer collections

Plans announced to increase stake in SaaS startup Mobisy Technologies from 27.21% to 31.33% through INR 14.3 Cr investment

IndiaMART



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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