B2B
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Nuvama adjusts IndiaMART’s PT downward by 5% to INR 2,650 amid subdued subscriber growth
Nuvama Institutional Equities has adjusted the 12-month price target (PT) for IndiaMart InterMESH downward by 5% to INR 2,650 from its previous INR 2,800,...
IndiaMART’s Q4 profit soars 78% YoY to INR 99.6 Cr, announces INR 20/share dividend
IndiaMART InterMESH, a B2B marketplace, reported an over 78% increase in its consolidated net profit for the quarter ended March 31, 2024 (Q4 FY24),...
B2B marketplace ProcMart secures $30 Million in Series B funding led by Fundamentum Partnership
ProcMart, a Noida-based B2B procurement marketplace, has secured $30 million (INR 250 crore) in its Series B funding round. Leading the investment is Fundamentum...
FroGo rides high on booming demand for frozen treats as summer heats up, CEO Mira Jhala charts expansion plans
As the scorching heat of summer envelops India, there's a palpable surge in the demand for ice creams. With rising mercury, people, especially children,...
Cargill partners with Voyage Foods to introduce sustainable cocoa-free confectionery options globally
As global demand for sustainable confectionery products grows, Cargill recently announced a new commercial agreement with Voyage Foods to scale up & deliver tasty,...
IndiaMART announces top management shuffle: Jitin Diwan named CFO, Prateek Chandra as Chief Strategy Officer
IndiaMART InterMESH, a prominent B2B marketplace, has announced significant shifts in its top management. Effective from June 15, Jitin Diwan will assume the position...
Ikea unveils first-ever B2B furniture collection with launch of Mittzon
Ikea, the well-known Swedish home products and furniture company, has unveiled its first B2B (business-to-business) furniture line, Mittzon.The latest collection comprises 56 products tailored...
Over 73% of Indian B2B sellers utilize AI to beat sales goals, study finds
More than 73% of business-to-business (B2B) sellers in India who exceed their targets are using artificial intelligence (AI), according to a new report released...
Jumbotail raises INR 151 Crore led by Artal Asia in Series C3 funding round to revolutionize kirana retail ecosystem
Jumbotail, the B2B marketplace and retail platform, has successfully raised INR 151 crore ($18.2 million) in its Series C3 equity funding round. The funding...
Zalando’s shares soar as company anticipates return to growth in fashion retail
German online fashion retailer Zalando anticipates a return to growth this year, with plans to open up its logistics business to more players, raising...
B2B platform Udaan ships over 2.25 Billion products in 2023, 900 sellers achieve INR 1 Crore sales each
Udaan, a leading B2B e-commerce platform, shipped over 2.25 billion products across India in 2023. Additionally, 900 sellers on the platform achieved sales worth...
B2B ecommerce platform Moglix considers base relocation to India amid plans for public debut
Moglix, a B2B ecommerce platform, is reportedly planning to relocate its base to India. This potential move comes on the back of its plans...