IndiaMART Makes Livekeeping Tech A Wholly-Owned Unit With ₹267.8 Million Deal

By BasisPoint Insight

May 12, 2025 at 9:21 AM IST

IndiaMART InterMESH Ltd. on Thursday said it has acquired 5,235 shares of Livekeeping Technologies for ₹267.8 million, making it a wholly-owned subsidiary.

The shares were purchased from the promoters of Livekeeping Tech, IndiaMART said in an exchange filing. Each share has a face value of ₹10 and a premium of ₹51,135.

Livekeeping Tech is a software-as-a-service provider that offers desktop-based digital integration with on-premises accounting software. Its platform enables automatic data synchronisation, allowing users to access accounting data on their mobile devices.

For 2024–2025, Livekeeping Tech posted a turnover of ₹23.5 million.