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Warburg Pincus Considers IndiaMart Investment

New Delhi/Bangalore, 7th May: Indian B2B e-commerce platform IndiaMart.com is reportedly engaged in advanced-stage talks with global private equity fund Warburg Pincus. IndiaMart will reportedly receive an investment of US$33.4 million in exchange for a 10%-20% stake in the company. IndiaMart.com has previously received US$10 million from Intel Capital in 2008, and approximately US$3.5 million from Bennett, Coleman & Co ... Read More »