IndiaMART and BEENEXT led a $13m Series C round in Fleetx.

IndiaMART, an online B2B marketplace, and BEENEXT, a venture capital firm, led a $13m Series C round in Fleetx, a SaaS platform transforming fleet and logistics operations through AI and IoT. "Fleetx has consistently demonstrated strong product–market fit and disciplined execution in solving large-scale logistics challenges. Their AI and IoT-powered platform is becoming the operating system for physical movement of goods and therefore aligns perfectly with IndiaMART's vision of empowering businesses. We are excited to further strengthen our association with the company and see the new heights it scales," Dinesh Agarwal, IndiaMART Founder and CEO of Intermesh.