Last year, IndiaMART invested INR 8 Cr in Mobisy by subscribing to 80,000 compulsorily convertible debentures
Following the conversion of CCDs to CCPS, IndiaMART’s stake in Mobisy Technologies, which operates SaaS startup Bizom, grew to 27.21% from 25.08% earlier
Bizom is a SaaS-based distribution technology solutions provider for brands and B2B retailers
B2B marketplace IndiaMART’s stake in Bengaluru-based Mobisy Technologies, which operates SaaS startup Bizom, has increased to 27.21% from 25.08% earlier following conversion of debentures to preference shares.
Last year, IndiaMART invested INR 8 Cr in Mobisy by subscribing to 80,000 compulsorily convertible debentures (CCD).