Infra.Market Raises $50 Million In Growth Capital The fresh fund will be used to enhance the company's technological offerings and advance their initiatives in new global markets

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Infra.Market, a construction materials marketplace leveraging technology for quality control and supply chain visibility, has raised $50 million in growth capital from Liquidity Group's MARS Unicorn Fund. The fresh fund will be used to enhance the company's technological offerings and advance their initiatives in new global markets.

"We are embarking on new business verticals outside the construction ecosystem such as chemicals to enable us to provide end-to-end solutions to our customers across the multiple industries. We are seeing huge growth opportunities as we are rapidly expanding our product portfolio and market presence and the launch of new verticals will help us seed newer markets and create a best-in-class global commerce company out of India," said Souvik Sengupta, founder, Infra.Market.

The company currently does over a billion dollar in annual revenue and is expected to more than double that by the end of this year and is growing five times year-on-year with best-in-class profitability. The company has also seen its export business escalating to over 25 per cent of its revenue with its presence increasing to more than 10 countries, claimed by the company in a statement.

"Liquidity is using technology to transform capital credit markets with unrivalled speed and accuracy. At each step in the process, our evaluation of Infra.Market showed a company delivering on its promise to remake construction and infrastructure projects across India and beyond," said Ron Daniel, co-founder and CEO, Liquidity Group.

Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market is a construction solutions company that leverages technology to provide an enhanced procurement experience for all players in the construction ecosystem. On the customer side, it aims to solve existing issues such as lack of price transparency, unreliable quality fragmented vendor base and inefficient logistics. On the supplier side, it ensures higher capacity utilization, steady demand and better customer reach.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Related Topics


International Security Firm Welcomes Female India Native to an Essential Leadership Position

Yasmin Brar has been appointed as the Operations Strategy Director, a role that underscores the company's commitment to innovation, expansion, and strategic management


The Last Mile Mate: Uttam Digga, Co-founder, Porter

The start-up has served over 1.5 crore customers. It has 7.5+ lakh driver-partners on board and is present in 20+ cities across India

News and Trends

The Transformative Power Of Entrepreneurial Households In Shaping The Future Of The Indian Economy

According to the report, India's 247 million entrepreneurial households drove an $8.8 trillion transaction value in FY23 unleashing a new economic landscape.


4 Key Features About Reliance's New AI Hanooman

Hanooman, an ambitious AI model developed by Reliance Industries in collaboration with 9 IITs (Indian Institutes of Technology) across the country has been introduced by Mukesh Ambani.

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.