Startup Profile
Infra.Market
Legal entity: Hella Infra Market Private Limited
A technology-led building materials platform for India's construction sector
Funding raised
₹2295.00 Cr
Total disclosed
Latest valuation
₹24000.00 Cr
Most recent round
Latest revenue
₹14530.00 Cr
FY FY24
Employees
—
FY FY24
Founders
- Aaditya Sharda
Co-founder of Infra.Market. IIM Ahmedabad graduate who spent close to a decade in India's building materials and infrastructure sector before co-founding the company in 2016 to consolidate fragmented construction-materials procurement.
- Souvik Sengupta
Co-founder of Infra.Market. Studied at Sydenham College and IIM Bangalore, with prior P&L and entrepreneurial experience including ventures such as Chemical.Market, before co-founding Infra.Market in 2016.
Funding rounds
- Series F2025-01-01₹1049.00 CrLed by Tiger Global
- Debt/Equity2024-05-28₹415.00 CrLed by MARS Unicorn Fund
- Series C2021-02-25₹830.00 CrLed by Tiger Global
Financials
MCA / self-reported| Fiscal year | Revenue | Profit / (Loss) | Employees |
|---|---|---|---|
| FY24 | ₹14530.00 Cr | +₹378.00 Cr | — |
| FY23 | ₹11846.50 Cr | +₹155.00 Cr | — |
The full story
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Timeline
- 2025-01Pre-IPO Series F at ~USD 2.8 billion valuation — Raised about Rs 1,049 crore (~USD 125 million) led by Tiger Global at a ~Rs 24,000 crore valuation, ahead of a planned IPO.
- 2024FY24 revenue crosses Rs 14,500 crore — Operating revenue rose 23% to Rs 14,530 crore and profit after tax surged 144% to Rs 378 crore in FY24.
- 2021-02-25Became a unicorn — Raised USD 100 million Series C led by Tiger Global at a USD 1 billion valuation, becoming one of India's first construction-tech unicorns.
- 2016Founded in Thane, Maharashtra — Aaditya Sharda and Souvik Sengupta founded Infra.Market as a B2B procurement platform for construction and building materials.