InvestorQ : Can you tell me about this start-up Infra.Market and what is the funding that it is getting?
Crowny Pinto made post

Can you tell me about this start-up Infra.Market and what is the funding that it is getting?

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4 months ago
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You are right about the funding. One of the prominent PE investors in Indian start-ups, Tiger Global, will infuse an additional $125 million into Infra.Market. The deal values the start-up at around $2.5 billion. Infra.Market, the technology driven realty start-up, will use the funds for expansion in the domestic market and will also look at some inorganic opportunities in the market, where available.

In an earlier round of funding in the beginning of 2021, the start-up was valued at $1 billion, but nowadays start-ups do tend to create value rapidly. Infra.Market was founded in 2017 to help real estate and construction companies in the building business to procure materials including ready-mix concrete and fly ash at competitive rates. It essentially operates on a B2B model.

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