Led by Yubi, Infra.Market Raises Rs 150 Crore In Debt Funding
Summary
This round comes big for Infra.Market as it continues the expansion drive, building muscle in the Indian and global markets.Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market was formed to change the way technology works in the procurement cycle of the construction industry. This platform gives a huge range of construction materials under one roof, such as concrete, steel, pipes and fittings, plywood, laminates, and tiles, under its own brands like Infra.Market, IVAS, Shalimar Paints, and RDC.As such, InfraMarket has shown great growth over the last couple of years. Clearly, this growth points at the ever-escalating demand for construction material in India and the efficiency of the business model of Infra.Market.The latest round of debt financing, led by Yubi, will help Infra.Market further scale its operations with the much-needed capital. This has also enabled the maintenance of competitive pricing and high-quality standards at Infra.Market, thereby consolidating its lead in the market.A bout of fresh capital means that Infra.Market stands to be in a prime position, poised to ride the growing demand for construction materials within India and beyond. Fueled by its robust business model, strategic capital deployments, and transparent focus on innovation, Infra.Market seems to hold immense promise for future growth within the highly kinetic regime of construction.