KIA, Hornbill Orchid, Steadview among anchor investors in Indiamart

Photo: Mint

IndiaMART InterMESH Ltd, which operates the online business-to-business (B2B) marketplace Indiamart.com, on Friday raised Rs 213.57 crore (about $30.5 million) from anchor investors ahead of its initial public offering (IPO), according to stock exchange filings.

The funds were raised from 15 anchor investors including venture capital funds, hedge funds, and a sovereign wealth fund. The company is planning to launch its IPO on June 24 to raise around Rs 600-650 crore, Mint recently reported.

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