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