Indiamart Intermesh acquires stake in M1xchange for Rs 32.4 crore
B2B e-commerce firm Indiamart Intermesh has acquired a stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore, the fintech firm said on Monday.
The company has said that this investment is in line with its long-term objective of offering various fintech solutions. Image source: Indiamart facebook page