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IndiaMART acquires Livekeeping Technologies fully

May 09, 20252 months ago

Acquiring Company

IndiaMART

Acquired Company

Livekeeping

NoidaNoidaB2bLogisticsE CommerceAccountingFinancial ServicesInformation TechnologySoftware

Description

IndiaMART InterMESH Limited has acquired the remaining stake in Livekeeping Technologies, turning it into a wholly owned subsidiary. The acquisition involved purchasing 5,235 equity shares for approximately ₹26.78 crore. This strategic move aims to enhance IndiaMART's SaaS-based offerings in the accounting services sector. The deal marks a significant step in the company's long-term digital business objectives.

Company Information

Company

IndiaMART

Location

Noida, Uttar Pradesh, India

About

IndiaMART InterMESH Limited is a leading online marketplace that connects buyers and suppliers in India. The platform facilitates trade by providing businesses with an extensive range of products and services. It focuses on strengthening its portfolio of Software as a Service (SaaS) offerings. IndiaMART plays a crucial role in the digital transformation of traditional business operations.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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