Infra.Market, a leading Indian B2B online marketplace for construction materials, has recently raised USD 50 million from MARS Growth Capital, a global investment firm. This investment will help Infra.Market to further expand its business and strengthen its position in the market.
Infra.Market was founded in 2016 by Aaditya Sharda and Souvik Sengupta with a vision to revolutionize the construction industry in India. The company provides a one-stop solution for all construction material needs, from sourcing to delivery, to its customers which include contractors, builders, and real estate developers. With its innovative technology and efficient supply chain management, Infra.Market has been able to disrupt the traditional construction material supply chain and provide cost-effective and high-quality materials to its customers.
The recent investment of USD 50 million from MARS Growth Capital is a testament to the success and potential of Infra.Market. This investment will not only help the company to expand its business but also enable it to introduce new products and services to cater to the evolving needs of its customers. The funds will also be used to strengthen the company’s technology infrastructure and enhance its supply chain capabilities.
Aaditya Sharda, Co-founder of Infra.Market, expressed his excitement about the investment and said, “We are thrilled to have MARS Growth Capital as our partner in this journey. This investment will enable us to accelerate our growth and bring us closer to our goal of transforming the construction industry in India. With the support of MARS Growth Capital, we are confident that we will be able to provide even better services to our customers and create a positive impact on the industry.”
MARS Growth Capital, with its extensive experience in investing in high-growth companies, saw great potential in Infra.Market and decided to partner with them. Speaking about the investment, a spokesperson from MARS Growth Capital said, “We are impressed by Infra.Market’s innovative business model and its strong leadership team. The company has shown remarkable growth in a short span of time and we believe that this investment will help them to achieve even greater heights. We are excited to be a part of their journey and look forward to working closely with them.”
Infra.Market has been growing at a rapid pace since its inception and has expanded its presence to over 10 cities in India. The company has also partnered with over 2,000 suppliers to ensure a steady supply of construction materials to its customers. With this new investment, Infra.Market plans to further expand its reach and cater to the growing demand for construction materials in the country.
The construction industry in India is expected to grow at a CAGR of 15% in the next few years, and Infra.Market is well-positioned to capitalize on this growth. The company’s unique business model, coupled with its focus on technology and customer satisfaction, has helped it to gain a competitive edge in the market. With the support of MARS Growth Capital, Infra.Market is set to become a leader in the construction material supply chain industry in India.
In conclusion, the USD 50 million investment from MARS Growth Capital is a major milestone for Infra.Market and a testament to its success in the Indian market. With this investment, the company is well-equipped to expand its business and bring positive changes to the construction industry. Infra.Market’s journey so far has been impressive, and with the support of its investors, it is poised to achieve even greater success in the future.
