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Total amount raised
$580M
Latest funding date
2025-09-18
Location
Infra.Market has successfully raised significant funding over multiple rounds, achieving a valuation of $5 billion. The platform leverages technology to streamline the construction materials supply chain, offering a diverse range of products and services.
What Is Infra.Market?
Infra.Market, founded on July 15, 2016, by Aaditya Sharda and Souvik Sengupta, is a B2B e-commerce platform headquartered in Thane, Maharashtra, India. The company specializes in building and construction materials, leveraging technology to optimize the supply chain.
With an employee count ranging from 1001 to 5000, Infra.Market operates over 250 manufacturing plants and warehouses. The platform offers a wide range of products, including cement, steel, and chemicals, catering to various needs within the construction industry.
How Much Funding Has Infra.Market Raised?
- Seed
- Amount Raised: $265K
- Date: May 2018
- Lead Investors: Prateek Kumar Jain, Silverline Homes
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial capital to launch and develop the platform.
- Seed
- Amount Raised: $3.62M
- Date: June 2019
- Lead Investors: Accel, Dhruv Agarwal
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale early operations and build out the marketplace.
- Series A
- Amount Raised: $20M
- Date: December 2019
- Lead Investors: Tiger Global Management
- Participants: Nexus Venture Partners, Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and expand market reach.
- Series B
- Amount Raised: $20M
- Date: December 2020
- Lead Investors: Evolvence India Fund, Sistema Asia Fund, Foundamental GmbH
- Participants: Accel, Tiger Global, Nexus Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance technological capabilities and expand product offerings.
- Series C
- Amount Raised: $107M
- Date: February 2021
- Lead Investors: Tiger Global Management, Accel
- Valuation at Round: ~$1 billion (unicorn entry)
- Motivation Behind the Round: To accelerate growth; marked Infra.Market's entry into the unicorn club.
- Series D
- Amount Raised: $125M
- Date: August 2021
- Lead Investors: Tiger Global Management
- Participants: Nexus Venture Partners, Foundamental, Accel
- Valuation at Round: $2.5 billion
- Motivation Behind the Round: To expand market presence and enhance supply chain efficiency.
- Series D (Extension)
- Amount Raised: $50M
- Date: June 2022
- Lead Investors: Mars Growth Capital (Liquidity Group / MARS Unicorn Fund)
- Valuation at Round: ~$2.5 billion
- Motivation Behind the Round: To support growth and operational expansion into new markets.
- Series E
- Amount Raised: $50M
- Date: May 2024
- Lead Investors: MARS Unicorn Fund (Mars Growth Capital)
- Valuation at Round: $2.5 billion
- Motivation Behind the Round: To scale operations and prepare for future funding rounds and IPO.
- Series F (Pre-IPO)
- Amount Raised: $121M
- Date: January 2025
- Lead Investors: Not publicly disclosed
- Participants: Tiger Global, Evolvence, Foundamental GmbH, Nikhil Kamath, Capri Global
- Valuation at Round: $2.8 billion
- Motivation Behind the Round: Pre-IPO funding to prepare for a public listing and support expansion.
- Series G
- Amount Raised: ~$83M (₹732 crore, September 2025) + ~$43M (₹360 crore approx., November 2025) — combined ~$126M across two tranches
- Date: September 18, 2025 (first tranche); November 14, 2025 (second tranche)
- Lead Investors: Silverline Homes (Aaditya Sharda's entity, September tranche); Shilpa Shetty Kundra (November tranche); NKSquared (Nikhil Kamath's family office)
- Participants: Tiger Global, Accel, Nexus Venture Partners, Evolvence India
- Valuation at Round: $2.8 billion (flat)
- Motivation Behind the Round: To fund IPO preparations and support pre-listing expansion.
Total Amount Raised: At least $580M based on disclosed equity funding rounds (plus additional debt/venture debt rounds not included above).
Current Valuation: $2.8 billion
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a leading global investment firm that focuses on private and public companies in the technology, internet, and software sectors. It has led multiple rounds for Infra.Market, starting with the Series A in 2019.
- Investment Focus Areas: Technology, internet, software, consumer, financial technology.
- Notable Investments: Facebook, LinkedIn, Spotify, Flipkart, ByteDance.
- Accel
- Details: Accel is a leading global venture capital firm that has been a long-standing investor in Infra.Market since the Seed stage in 2019, participating in multiple subsequent rounds.
- Investment Focus Areas: Early and growth-stage technology companies.
- Notable Investments: Facebook, Slack, Atlassian, Flipkart.
- Evolvence India Fund
- Details: Evolvence India Fund is a private equity and venture capital firm that invests in high-growth companies in India and the Middle East.
- Investment Focus Areas: Private equity, venture capital, real estate.
- Notable Investments: Not publicly disclosed.
- Foundamental GmbH
- Details: Foundamental GmbH is a venture capital firm that specializes in investments in construction technology and related sectors.
- Investment Focus Areas: Construction technology, related sectors.
- Notable Investments: Not publicly disclosed.
- Nikhil Kamath (NKSquared)
- Details: Nikhil Kamath is the co-founder of Zerodha, a leading financial technology company in India, and invested via his family office NKSquared in Infra.Market's Series F and Series G rounds.
- Investment Focus Areas: Fintech, technology startups.
- Notable Investments: Zerodha.
What's Next for Infra.Market?
Infra.Market stands on the brink of significant expansion, leveraging its recent $121 million pre-IPO funding to explore new markets and enhance its supply chain capabilities. With a valuation of $2.8 billion, the company is poised to capitalize on the growing demand for construction materials both domestically and internationally.
As Infra.Market prepares for its IPO, aiming to raise $500-700 million, the potential for future fundraising remains robust. This influx of capital will support their ambitious growth plans, including expanding their product offerings and entering new geographical markets. However, the company must navigate challenges such as intense competition and regulatory complexities in different regions.
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