IndiaMart — Fraud and Fake Leads

We have subscribed to a one-year package with Indiamart, which amounts to over 35, 000. Unfortunately, we have recently discovered that Indiamart is engaging in fraudulent practices with consumers. It appears that many clients are unaware of this situation. Indiamart provides leads to registered companies, who then convert these leads into sales. However, it has come to our attention that Indiamart is now closing that same lead using their own sales representatives and distributing these same leads to multiple companies or subscribers. Consequently, when a company purchases one of these leads, they later discover that it has already been closed by another vendor. This results in a loss for the company leads and the amount that is invested.

If Indiamart intends to close their sales deals, it raises the question of why they continue to provide these leads to companies and waste their lead purchases.