B2B marketplace IndiaMart, via its wholly-owned subsidiary Tradezeal Online Private Limited, has made an investment of approximately Rs 13.3 crore to acquire a 26.01 percent stake in EasyEcom (Edgewise Technologies Private Limited).
Edgewise Technologies, under the brand name ‘EasyEcom’, is an AI-driven omnichannel inventory and warehouse management solutions company that offers SaaS-based online commerce enablement solutions to merchants. Its flagship inventory and warehouse management solutions allow merchants to allocate, track and reconcile inventory across various online and offline sales channels. It also offers additional modules which automate other back-office functions of merchants, such as shipping related payments reconciliation and returns reconciliation.