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IndiaMART will invest about ₹65 Cr in Fleetx by subscribing to 4,630 CCPS, raising its stake to 25.8%. The deal expands IndiaMART's SaaS portfolio beyond its B2B marketplace. Fleetx reported revenue of ₹77.8 Cr in FY25.
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Summary by ByteBrief
IndiaMART approves MSME lending arm as supplier losses deepen