UTI Mutual Fund cut its stake in Indiamart Intermesh from 3.48% to 1.04%, selling 14,62,932 shares.
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 oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.
