Indiamart Intermesh Acquires Stake In M1xchange For Rs 32.4 Crore
Indiamart Intermesh, a B2B e-commerce startup, has purchased a share in M1xchange, a trade receivable discounting system services firm, for Rs 32.4 crore, the fintech firm announced on Monday. Indiamart had previously announced a plan to buy 7.7% of M1xchange for Rs 32.4 crore, and the transaction is now complete with the fintech firm receiving … Read more