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Tiger Global said to be investing $125m in construction tech unicorn Infra.Market

Infra.Market Valued At $2.5 Bn After $125Mn Series D Round Led By Tiger Global

Tiger Global to invest additional $125 mn in Infra.Market

Indian unicorn Infra.Market raises venture debt from Alteria Capital

Indian unicorn Infra.Market raises venture debt from Alteria Capital Photo: Guilherme cunha / Unsplash July 7, 2021 Newly turned unicorn Infra.Market has raised Rs100 crore in venture debt funding from Alteria Capital, India’s largest venture debt fund. Founded by Souvik Sengupta and Aaditya Sharda in 2016, Infra.Market is a procurement marketplace that leverages technology to provide procurement experience for all the players in the construction ecosystem. Infra.Market is trying to disrupt the way in which companies procure their building materials by bringing standardization, quality and predictability in the supply chain. The startup is a marketplace which ties up with contract manufacturers and gets them to utilise idle capacity and manufacture products for its own brand.

Infra.Market acquires Hyderabad-based Equiphunt in $10-million deal

As part of the Infra.Market-Equiphunt deal, Equiphunt founder Shashank Dangayach will get a stake in Infra.Market and Manish Sharma of Infra.Market will now join the board of Equiphunt.