News > IndiaMART Acquires Fintech Startup Realbooks For INR 13.75 Cr
IndiaMART Acquires Fintech Startup Realbooks For INR 13.75 Cr
01/03/2022 03:03 PM | Click to read full article
Noida-based B2B marketplace IndiaMART has invested approximately INR 13.75 Cr in Adansa Solutions, parent company of Realbooks. Realbooks is a cloud-based fintech startup that helps businesses with easy financial accounting.
Under the deal, the B2B marketplace platform has agreed to acquire shares via a mix of primary and secondary share purchases, and its final shareholding post the round shall stand at 26.01%.
