B2B ecommerce marketplace IndiaMART closed up 34% on its first day of trading in India on Thursday, after raising ~$70M at a valuation of ~$400M in its IPO (Benjamin Parkin/Financial Times)

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Benjamin Parkin / Financial Times:

B2B ecommerce marketplace IndiaMART closed up 34% on its first day of trading in India on Thursday, after raising ~$70M at a valuation of ~$400M in its IPO  —  Shares of ecommerce company IndiaMART rose 25 per cent from their issue price on their Thursday debut in what marked the end …

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