What Will IndiaMART Do With ₹3,500 Crore Cash? CEO Dinesh Agarwal Answers

What will IndiaMART do with its ₹3,500 crore cash pile? In this exclusive conversation with Business Today TV, Founder & CEO Dinesh Agarwal explains the company's strategy behind launching a new finance subsidiary and addresses questions on capital allocation. He says the proposed finance business is aimed at improving buyer and seller stickiness through short-term transaction financing rather than becoming a full-scale lender. Agarwal also clarifies that nearly ₹2,000 crore of the cash balance represents customer advances that must be serviced over time. On shareholder returns, he highlights IndiaMART's consistent buybacks and dividends, noting that the company has returned around ₹1,600 crore to shareholders over the past five to six years. Watch the full interview for more.