Funding
Infra.Market raises Rs 732 crore from promoters, existing investors
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Infra.Market, an online marketplace for construction materials, has raised nearly Rs 732 crore from promoters and existing shareholders, valuing the company at around $2.8 billion, as it prepares for an initial public offering.
Founders Aaditya Sharda and Souvik Sengupta infused Rs 250 crore through promoter entity Silverline Homes Pvt Ltd, while Zerodha cofounder Nikhil Kamath’s NK Squared invested about Rs 200 crore, according to the company’s filing with the Ministry of Corporate Affairs.
Other existing investors who participated are Tiger…
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