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IndiaMART leads Series A investment in Vyapar, a mobile based business accounting software for MSMEs

Capital Market 

IndiaMART announced its investment in Vyapar, a mobile-based business accounting software for small businesses.

IndiaMART led the Series A investment round in Simply Vyapar Apps , owner of Vyapar, of Rs 36 crore along with the participation of existing investors India Quotient and Axilor.

Vyapar' is an invoice accounting and stock inventory app with 1 million+ downloads and 4.6 app rating on google play store. Small and Medium businesses can use their app or desktop version for billing Goods and Services Tax (GST) invoices, managing stock inventory and accounting solutions.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 03 2019. 18:43 IST