Indiamart led a $19m funding round in Fleetx.

Indiamart, an e-commerce company, led a $19m funding round in Fleetx, a fleet management platform, with participation from IndiaQuotient and Beenext. “Supply chain visibility is a critical yet underserved problem faced by Indian enterprises and fleet owners. Fleetx has been able to validate and scale an innovative IoT and Saas-based solution to this problem, and hundreds of enterprises and SMEs across various sectors are currently using their product,” Dinesh Agarwal, Indiamart Founder and Managing Director.