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Indiamart Intermesh Ltd
BSE Code 542726 ISIN Demat INE933S01016 Book Value (₹) 373.12 Div & Yield % 2.52 Market Cap ( Cr.) 11,920.69 P/E * 17.35 EPS * 114.32 Face Value (₹) 10
* Profit to Earning Ratio
* Earning Per Share
Indiamart Intermesh acquires 10% stake in Baldor Technologies (IDfy) Back
(29 May 2024)

Indiamart Intermesh (IndiaMART) announced an investment of Rs 89.69 crore in M/s Baldor Technologies (IDfy). This investment marks a 10% minority stake acquisition for IndiaMART.

Founded in 2011, IDfy is an Integrated Identity Platform offering products and solutions for KYC, Background Verifications, Risk Mitigation, Digital Onboarding and Digital Privacy. IDfy establishes trust while delivering a frictionless experience for employees, customers and partners. IDfy combines enterprise-grade technology with the widest breadth of offerings in the industry. With more than 12+ years of experience and 2 million verifications per day, they are pioneers in this industry.