Infra.Market: Paving the Way for Growth and Innovation in the Construction Materials Industry
May 29, 2024, 9:31 am
Location: India, Maharashtra, Thane
Employees: 501-1000
Founded date: 2016
Total raised: $391.67M
In a significant development, Infra.Market, a leading construction material solutions company, has secured an additional $50 million in financing from MARS Growth Capital, a joint venture by Liquidity Group and MUFG. This latest round of funding has doubled the total commitment to $100 million USD, marking a major milestone for the company.
Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market has quickly established itself as a key player in the construction ecosystem. The company's innovative approach, which leverages technology to provide an enhanced procurement experience, has garnered attention and support from investors.
The recent financing from MARS Growth Capital is a testament to the strong relationships cultivated by Infra.Market with its partners and investors. It also underscores the company's commitment to growth and expansion, both in India and globally. With a vision of creating India's largest multi-product construction materials brand, Infra.Market is well-positioned to transform the construction materials supply chain on a global scale.
The company's focus on high-volume construction products under its own brands sets it apart in the market. By addressing key issues such as price transparency, quality assurance, and efficient logistics, Infra.Market is able to cater to both institutional customers (B2B) and retail outlets (D2R) in the construction materials sector.
Over the past year, Infra.Market has seen steady growth in its supply to retail outlets across 20 states in India, as well as exports to international markets such as Dubai, Singapore, and Italy. The company's dual model of flagship stores and dealership stores has enabled it to reach a wide range of customers and expand its market presence.
Looking ahead, Infra.Market plans to use the proceeds from the latest funding round to enter newer global markets and increase its presence across product verticals. The company's commitment to innovation and excellence, coupled with its strategic partnerships and strong financial backing, positions it for continued success in the competitive construction materials industry.
In conclusion, Infra.Market's recent financing milestone is a clear indication of its growth trajectory and potential for future success. With a focus on quality, efficiency, and innovation, the company is poised to reshape the construction materials landscape and establish itself as a leader in the industry.
Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market has quickly established itself as a key player in the construction ecosystem. The company's innovative approach, which leverages technology to provide an enhanced procurement experience, has garnered attention and support from investors.
The recent financing from MARS Growth Capital is a testament to the strong relationships cultivated by Infra.Market with its partners and investors. It also underscores the company's commitment to growth and expansion, both in India and globally. With a vision of creating India's largest multi-product construction materials brand, Infra.Market is well-positioned to transform the construction materials supply chain on a global scale.
The company's focus on high-volume construction products under its own brands sets it apart in the market. By addressing key issues such as price transparency, quality assurance, and efficient logistics, Infra.Market is able to cater to both institutional customers (B2B) and retail outlets (D2R) in the construction materials sector.
Over the past year, Infra.Market has seen steady growth in its supply to retail outlets across 20 states in India, as well as exports to international markets such as Dubai, Singapore, and Italy. The company's dual model of flagship stores and dealership stores has enabled it to reach a wide range of customers and expand its market presence.
Looking ahead, Infra.Market plans to use the proceeds from the latest funding round to enter newer global markets and increase its presence across product verticals. The company's commitment to innovation and excellence, coupled with its strategic partnerships and strong financial backing, positions it for continued success in the competitive construction materials industry.
In conclusion, Infra.Market's recent financing milestone is a clear indication of its growth trajectory and potential for future success. With a focus on quality, efficiency, and innovation, the company is poised to reshape the construction materials landscape and establish itself as a leader in the industry.