Infra.Market to raise Rs 731 Cr led by promoters at flat valuation

Building materials platform Infra.Market is raising Rs 731.5 crore (approximately $83 million) in a fresh round of Series G funding, led by Silverline Homes, with participation from Tiger Global, NK Squared, Accel India, Nexus Ventures, and Evolvence India.

The funding comes barely three months after Infra.Market secured $150 million in debt from Mars Growth Capital, a joint venture between Liquidity Group and MUFG Bank.

According to the copy of the resolution seen by Entrackr, the board of Infra.Market has passed a resolution to issue 34,276 Series G…