IndiaMart Intermesh - Market Leader With First Mover Advantage: Anand Rathi

IndiaMart Intermesh - Market Leader With First Mover Advantage: Anand Rathi

A man browsing IndiaMart website. (Source: BloombergQuint) 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

On keen competition (Just Dial Mart already launched and Tata planning to enter) and fewer subscriptions added (as some micro small and medium enterprises were hard hit during the pandemic), the IndiaMart Intermesh Ltd.'s stock fell approximately 20% in the last three months from its peak.

We believe that the business-to-business market experienced strong network effects and it is not a one- or two- quarter game.

It takes decades to build a strong B2B platform.

The kind of data, insights and algorithms the company has put together over the years can’t be launched overnight.

Click on the attachment to read the full report:

Anand Rathi IndiaMart Intermesth Company Update.pdf
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