Tag: Infra.Market

Infra.Market appoints three new Independent Directors to its Board

Infra.Market, India’s leading construction material company, announced the appointment of three new Independent Directors to its Board: Mike Glover, Rajendran CVR, and Shan Jain. These appointments are sure to enhance the company’s governance and decision-making process in its mission for continued growth and innovation, a statement said. Mike Glover, with his extensive background as an…

Infra.Market appoints Atul Sanghvi as COO for Tiles, Bath Fittings & Sanitaryware division

Infra.Market, India’s leading construction material company, has appointed Atul Sanghvi as the Chief Operating Officer for their Tiles, Bath Fittings & Sanitaryware division. Atul comes with an extensive and illustrious career spanning over four decades. A seasoned veteran in the construction material industry, he has demonstrated unwavering dedication, showcasing exceptional expertise with leadership skills, as…

Infra.Market bags $125M from Tiger Global at $2.5B valuation

India-based technology company Infra.Market has announced that it has raised $125 million in the Series D funding round from Tiger Global at $2.5 billion valuation. Founder of Infra.Market – Souvik Sengupta told to PTI, “The new fund-raise will enable Infra.Market to enhance its technological offerings, seed newer markets, and advance their initiatives such as private…

Infra.Market acquires majority stake in Hyderabad-based Sociam Equipment

India-based technology company Infra.Market has acquired majority stake in Hyderabad-based Sociam Equipment Solutions Pvt. Ltd. It is an equipment solutions platform and owns Equiphunt. The financial details of the deal was not disclosed. Aaditya Sharda, co-founder – Infra.Market, said, “Construction is one of the largest components in India’s economy and yet ironically one of the…

Infra.Market raises $100 million funding; enters unicorn club

Infra.Market, a B2B marketplace for real estate and construction materials, has raised $100 million in its series C funding round led by US-based investment firm Tiger Global and Nexus Venture Partners. The latest funding round also saw investment from other existing investors Evolvence India Fund, Sistema Asia Fund, Foundamental Gmbh, and Accel Partners. Founded by…

Infra.Market bags $20 Million in Series B round

The technology firm – Infra.Market, has secured a Series B funding of $20 million. The fresh funding round was led by Evolvence India Fund, Sistema Asia Fund, and Foundamental along with participation from existing investors including Accel, Tiger Global, and Nexus Venture Partners. With the fresh funds, the company plans to expand into newer markets…

Infra.Market raises $20 mn in its series A funding

Infra.Market, a B2B marketplace for real estate and construction materials, has raised $20 million in its series A funding round led by US-based investment firm Tiger Global, Nexus Venture Partners and Accel Partners. The company was founded by Aaditya Sharda and Souvik Sengupta in 2016. Earlier, the company had raised $3.5 million in a seed…