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Infra.Market offloads 10% stake in IPO-bound subsidiary RDC Concrete for $20m

39 Indian startups secure over $387 million this week amid volatility

39 Indian Startups Secure Over $387 Million This Week Amid Volatility

New Delhi, June 1 (IANS) Funding in the Indian startup ecosystem continued unabated this week despite volatility in stock markets over weak global cu

Nikhil Kamath Leads $20-Million Round In B2B Unicorn Infra.Market

Zerodha Co-Founder Nikhil Kamath has led a $20 million funding round in construction materials marketplace Infra.Market's unit, RDC Concrete. Infra.Market has divested a minority stake in RDC Concrete to various investors, such as Kamath, Capri Global Family Office, Sumeet Kanwar from Verity, and Abhijeet Pai-led Wear Steels.

Infra.Market raises $20M led by Nikhil Kamath via RDC Concrete stake sale

The Thane-headquartered firm had sold a 10% stake in RDC Concrete to a group of investors led by Ashish Kacholia in November 2023.