IndiaMart expects 29 pc CAGR revenue growth in next 2 yrs
E-commerce firm IndiaMart expects to maintain a compounded annual growth rate (CAGR) of 29 per cent for the next two years, mainly on account of big brands joining the platform, a top company official said.
The company expects to raise up to Rs 600 crore from the initial public offer (IPO). Regarding timing of the IPO, co-founder and CEO Dinesh said the company will assess the situation post elections. Image source: Reuters