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Tag: Masaya Suzuki

Posted inAcquisition

IndiaMart acquires 26% stake in IB MonotaRO

by Ashish NainFebruary 25, 2022February 25, 2022

IndiaMart, a B2B marketplace of India, has acquired 26% share capital of IB Monotaro Private Limited. The company acquired 8.1 lakh shares from Emtex Engineering Private Limited for a total consideration of INR 104.2 Cr. Pursuant to this transaction, MonotaRO Co. Ltd. (Japan) will hold 51.6% stake, IndiaMart will hold 26% stake and Emtex Engineering […]

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