Infra.Market Secures $50 Million Boost from MARS Growth Capital
Infra.Market has raised an additional $50 million from MARS Growth Capital, expanding its total financing to $150 million. This funding marks the second round Infra.Market has secured this year, enhancing its capacity to provide comprehensive solutions within the construction materials market, catering to both institutional and retail customers.
- Country:
- India
Building materials platform Infra.Market has successfully secured $50 million from MARS Growth Capital to fuel business expansion.
According to a statement on Monday, this investment extends their existing $100 million financing by five years and increases the total funding to $150 million. Earlier this year, Infra.Market raised approximately $125 million in Series D funding.
Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market offers a comprehensive range of construction materials. The firm serves both institutional clients and retail outlets, continuing to expand its market presence by offering end-to-end solutions across the construction value chain.
(With inputs from agencies.)
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