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Sixth Sense-backed ProcMart readies inorganic growth plan
Mint Mumbai
|December 11, 2023
Business-to-business marketplace ProcMart, which counts investors including venture capital firm Sixth Sense Ventures and IndiaMART's chief executive Dinesh Agarwal amongst its backers, is ramping up its inorganic growth strategy.
The Noida-based startup has allocated ₹150 crore (around $18 million as per current exchange rates) for the purpose, Anish Popli, co-founder and CEO said. Currently, Proc Mart is looking to acquire two companies in the domestic market.
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