
As part of the transaction, IndiaMART has acquired shares for an aggregate investment of Rs 61.55 crore, via a mix of primary and secondary share purchases. Post this round, IndiaMART shall hold 27% in Vyapar on a fully diluted basis.
Vyapar offers a comprehensive GST billing, accounting and inventory management mobile and desktop software app for small businesses, which allows them to digitize their business operations. It has over 1 Lakh paying customers for its product.
IndiaMART had previously led Vyapars Series A Investment Round in September 2019, by investing Rs 31.2 crore for a 26% stake in the company.
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