Avendus Capital advises Infra.Market on its USD 125 mn series D funding round from Tiger Global, valuing the company at USD 2.5 billion

We continue to build on our vision of creating India’s largest multi-product construction materials brand and transform the construction materials supply chain, not only in India, but also globally. We are also embarking on new business verticals within the construction ecosystem beyond materials to enable us to provide end to end solutions to our customers across the lifecycle of a construction project. We are seeing huge growth in buyer wallet share as we are rapidly expanding our product portfolio and market presence and the launch of new verticals will help us fulfil our vision of creating a technology-backed, end-to-end construction solutions company.

Infra.Market is transforming the supply chain for construction materials for infrastructure and real-estate sectors in India and globally. The company has continued to demonstrate rapid growth, combined with superior economics on the back of relentless execution. This funding is also a testament to continued investor interest and rapid value creation in B2B platforms which have seen rapid scaling and value creation in last couple of years.

We are delighted to double-down on our investment in Infra.Market. The team has demonstrated exceptional growth and continues to disrupt the construction materials industry. Over the past year, Infra.Market has become the go-to platform partner, especially during the pandemic when the traditional supply chains were disrupted.