Advertisement
Infra.Market has secured an additional $50 million from MARS Growth Capital, extending their existing $100 million deal by five years and raising MARS's total commitment to $150 million. Earlier this year, the Mumbai-based building materials platform also raised $125 million in a Series D round from global investors. Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market offers over 15 product categories, including concrete, steel, plywood, modular kitchens, and appliances, serving both institutional clients and retail outlets. The new funding will help fuel its expansion plans as it aims to become a leading construction materials brand from India, reflecting strong investor confidence.
Infra.Market, the Mumbai-based building materials platform, has received an additional USD 50 million in funding from MARS Growth Capital, a joint venture between MUFG Bank Ltd of Japan and private credit firm Liquidity. The latest investment follows an extension of their existing USD 100 million financing agreement by another five years, pushing the total commitment from MARS to USD 150 million. Advertisement
The company mentioned that this marks its second capital raise in 2025. Earlier this year, Infra.Market had raised around USD 125 million (INR 10 billion) as part of its Series D funding round, which saw participation from multiple global investors. These fresh infusions of capital are expected to support its growing ambitions and market expansion.
Souvik Sengupta, Founder of Infra.Market, stated that the firm is experiencing strong growth momentum as it continues to expand its footprint and aims to become a leading construction materials brand from India. Co-founded in 2016 by Sengupta and Aaditya Sharda, the company offers end-to-end solutions across the construction ecosystem.
Infra.Market currently offers over 15 product categories, including concrete, walling solutions, steel, aggregates, pipes and fittings, plywood, MDF, laminates, tiles, modular kitchens, paints, designer hardware, electrical items, appliances, and other consumer durables. It serves both institutional clients and retail outlets, positioning itself as a one-stop destination for building materials.
The back-to-back funding rounds highlight growing investor confidence in Infra.Market's business model and scalability within India's construction and infrastructure sectors.
Source PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
