Indiamart Intermesh Limited
ICICI Prudential Mutual Fund cut its stake in Indiamart Intermesh from 6.48% to 4.96%, selling 9,05,438 shares. This sale takes the fund's holding below the 5% disclosure threshold.
India's largest B2B digital marketplace, this platform connects small and medium businesses with buyers across the country. It specializes in integrating SMEs into online commerce by providing accessible tools for product visibility and engagement. The company focuses on simplifying B2B transactions through digital innovation and expanding market reach for businesses of all sizes. It serves as a critical bridge between suppliers and purchasers in the Indian business ecosystem.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.