Tech
Infra.Market raises Rs 731 crore from promoters, existing investors
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Infra.Market, an online marketplace for construction materials, has raised Rs 731.5 crore from promoters and existing shareholders as it prepares for a planned stock market debut.
Founders Aaditya Sharda and Souvik Sengupta have infused Rs 250 crore into the Mumbai-based company through promoter entity Silverline Homes Private Limited.
Zerodha cofounder Nikhil Kamath’s NK Squared has invested about Rs 200 crore, according to the company’s filing with the Ministry of Corporate Affairs.
Other existing investors participating in the round include Tiger…
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