Infra.Market – India’s Latest Unicorn after $100-Million Fundraising

Infra.Market has raised $100 million in a growth round led by led by Tiger Global, valuing the procurement marketplace for construction materials at $1 billion.

Existing investors such as Accel Partners, Nexus Venture Partners, Evolvence India Fund, Sistema Asia Fund, and Foundamental Gmbh, too, participated in the fundraising, the four-year-old startup said in a statement on Thursday. Avendus Capital was the exclusive financial adviser to Infra. Market on the transaction.

From Live Mint

 

From Times Group