Infra.market

Infra.Market raises Rs 730 crore at Rs 24,600 crore valuation led by Nikhil Kamath; plans to file DRHP this month

Moneycontrol understands that this is likely the final private funding round, as Infra.Market plans to file its draft red herring prospectus (DRHP) with the market regulator within weeks, with an IPO expected later this year.

IPO-bound Infra.market raises Rs 1,050 crore at $2.8 billion valuation from Tiger Global, others

The pre-IPO round also saw participation from investors like Ashish Kacholia, Nikhil Kamath, Abhijit Pai, Sumeet Kanwar, Nuvama, Capri Global and others

IPO-bound Infra.Market in talks to raise $150 million from existing backers like Tiger Global, new investors

This will be the company's last private market fundraise ahead of its IPO. Infra.Market is likely to file its draft red herring prospectus in December, Moneycontrol has learnt

Tiger Global & Accel-backed Infra.Market picks 8 i-bankers for mega $500 million plus IPO

Infra.Market subsidiary RDC Concrete, which divested 10 percent of its stake worth around $20 million in RDC Concrete to Ashish Kacholia and other investors in 2023, is also planning to make its public market debut in January 2025.

Tech startup Infra.Market in talks to appoint i-banks for $300-400 million IPO

Founded by Souvik Sengupta and Aaditya Sharda in 2016, the Tiger Global, Accel and Nexus Ventures backed startup sells construction materials, infrastructure goods, and technical equipment.

Infra.Market secures $50 million in debt for West Asia expansion

In FY24, the B2B unicorn logged revenues of $1.75 billion and a profit after tax of $50 million

Infra.Market buys majority stake in textilemaker Strata Geosystems

Operating shareholders CEO Narendra Dalmia and chief development officer Gautam Dalmia will continue to remain invested and lead the global operations at Strata, the company has said

Only six of India's 51 unicorns that have filed results were profitable in FY22

OfBusiness and Infra.Market were the only two unicorns having a profit of more than Rs 100 crore for FY22

Accel-backed Infra.Market's profit grows nearly 6X in FY22 on strong revenue growth

Infra.Market reported a net profit of Rs 186 crore for FY22 against Rs 36 crore in FY21 (2020-21), the company said on October 13. During the year, revenue jumped five-fold to Rs 6,236 crore from Rs 1,242 crore a year earlier

Weekly Funding Wrap | Upgrad nearly doubles valuation to $2.25 billion; startups raise $421 million in total

A total of $421 million was raised by startups in the week of June 10 to 17, 2022.

Infra.Market 'cooperating with authorities' after I-T detects undisclosed income of Rs 224 crore

The CBDT said unaccounted cash worth Rs 1 crore and jewellery worth Rs 22 lakh have been seized till now. It also said the group has booked bogus purchases, made huge unaccounted cash expenditures, and obtained accommodation entries, aggregating to the tune of over Rs 400 crore.

Rs 2,000 in co-founder's home, no unaccounted cash, assets at any location: What Income Tax sleuths found after a 3-day raid on Infra.Market

The department is also learned to have conducted similar searches on the offices and residences of another B2B unicorn, Zetwerk, within a day of its searches at Infra.Market

Infra.Market set to invest Rs 270 crore in Shalimar Paints