India Dealbook: Indiamart's Dinesh Agarwal invests in Instaproc; Kotak buys 10% in IiAS

India Dealbook: Indiamart's Dinesh Agarwal invests in Instaproc; Kotak buys 10% in IiAS

Procurement marketplace for office products Instaproc has raised an undisclosed amount in angel funding from Indiamart founder and CEO Dinesh Agarwal. In another deal, Kotak Mahindra Bank has acquired a nearly 10 per cent stake in Mumbai-based proxy advisory firm Institutional investor Advisory Services India Ltd (IiAS).

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