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B2B marketplace IndiaMart curtails IPO valuation; peek at VCs' returns

By Ankit Doshi

  • 19 Jun 2019
Premium
B2B marketplace IndiaMart curtails IPO valuation; peek at VCs' returns
Credit: VCCircle

Venture capital funds backing IndiaMart InterMesh Ltd are on course to score benchmark returns, even as the business-to-business (B2B) online marketplace has reduced its valuation by nearly a third for its upcoming initial public offering (IPO). The Delhi-based firm, founded by Dinesh Chandra Agarwal, has set a price band of Rs ......

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