IndiaMART approves MSME lending arm as paying supplier losses deepen
AI Summary
IndiaMART InterMESH Limited posted its Q1 FY 2027 results on July 21, 2026. The board approved a new lending subsidiary, IndiaMART Finance Limited , to serve Micro, Small and Medium Enterprise (MSME) short-term credit needs. The company lost 1,852 paying suppliers during the quarter, a fourth consecutive quarterly decline.
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