Tiger Global leads another round of funding within five months

Tiger Global leads another round of funding within five months

Within five months, Tiger Global led another round of investment in Infra.Market with $125 million ($928 crore) in a Series D funding.

The latest funding round values the company at $2.5 billion (around Rs 18,560 crore). Tiger Global had also participated in all the Series A, B and C rounds for Infra.Market so far.

In February, Infra.Market, a technology-enabled marketplace for on-demand construction materials, hit unicorn status (valued at $1 billion [about Rs 7,245 crore]) after raising $100 million (about Rs 724 crore) in a Series C funding round from its existing investors including Tiger Global, Accel, Nexus Venture Partners, Evolvence India Fund, Sistema Asia Fund and Foundamental Gmbh.

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