IPO-bound Infra.Market raises $121 million

Infra.Market, a profitable B2B startup founded in 2016, has raised $121 million at a valuation of $2.8 billion in a pre-IPO investment round from investors including Tiger Global and Evolvence. The company manufactures and supplies construction materials to major businesses and reported net profits of Rs 378 crore in financial year 2023-24.

IPO-bound Infra.Market raises $121 million
Infra.Market, a profitable B2B startup founded in 2016, has raised $121 million at a valuation of $2.8 billion in a pre-IPO investment round from investors including Tiger Global and Evolvence. The company manufactures and supplies construction materials to major businesses and reported net profits of Rs 378 crore in financial year 2023-24.