Led by Yubi, Infra.Market Raises Rs 150 Crore In Debt Funding

One of the widely known Indian startups in construction materials, Infra.Market, has raised Rs 150 crore through debt financing recently, driven by Yubi, a large financial transaction-driven platform.

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This round comes big for Infra.Market as it continues the expansion drive, building muscle in the Indian and global markets.

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Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market was formed to change the way technology works in the procurement cycle of the construction industry.

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Although its revenue grew to Rs 11,846 crore in FY23 from Rs 6,236 crore in FY22, profit marginally fell from Rs 186 crore to Rs 155 crore.

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