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Spotlight: How Infra.Market intends to stay in the fast lane as sales, profit jump

TMT

26 July, 2023

Spotlight: How Infra.Market intends to stay in the fast lane as sales, profit jump

Business-to-business construction material marketplace Infra.Market plans to expand its product portfolio and lift exports as part of efforts to sustain ......

Tiger Global-backed Infra.Market strikes $110-mn deal to buy geosynthetic firm

Manufacturing

26 June, 2023

Tiger Global-backed Infra.Market strikes $110-mn deal to buy geosynthetic firm

Tiger Global-backed Infra.Market said Monday it has agreed to buy a majority stake in Strata Geosystems (India) Pvt Ltd, a geosynthetic manufacturing ......

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Varde Partners to invest $150 mn in B2B unicorn

Infrastructure

20 June, 2023

Varde Partners to invest $150 mn in B2B unicorn

Business-to-business construction material startup Infra.Market will raise $150 million from Varde Partners. The capital will be raised through issuance of ......

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How top Indian startups raked it in from VC money parked in mutual funds, banks

TMT

27 March, 2023

How top Indian startups raked it in from VC money parked in mutual funds, banks

Indian technology startups generated high non-operating revenue, or income from investment of surplus cash pumped in by investors in the ......

Tiger Global-backed Jupiter snags $12 mn

TMT

05 January, 2023

Tiger Global-backed Jupiter snags $12 mn

Amica Financial Technologies Pvt Ltd, which runs neobanking startup Jupiter, on Thursday said it has secured Rs 100 crore (around ......

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Infra.Market to acquire building materials company by next quarter

TMT

18 October, 2022

Infra.Market to acquire building materials company by next quarter

Hella Infra Market Pvt. Ltd, which runs an on-demand construction materials marketplace Infra.Market, is acquiring a building materials company as ......

Infra.Market reports five-fold jump in FY22 net profit to Rs 186 crore

TMT

13 October, 2022

Infra.Market reports five-fold jump in FY22 net profit to Rs 186 crore

Infra.Market, a business to business (B2B) marketplace for construction materials, reported a net profit of Rs 186 crore for FY22, ......

Infra.Market snags $50 mn from Liquidity Group's MARS Unicorn Fund

TMT

13 June, 2022

Infra.Market snags $50 mn from Liquidity Group's MARS Unicorn Fund

Infra.Market, a technology-enabled marketplace for on-demand construction materials, on Monday said it has raised $50 million (Rs 390 crore) from ......

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Unicorns stumble at the hurdles in 2022 after successful sprint run

TMT

22 March, 2022

Unicorns stumble at the hurdles in 2022 after successful sprint run

Technology startups in India, the world's third-largest startup ecosystem, had a very good run for the last two years with ......

Income Tax dept conducts search on unicorn Infra.Market

Finance

20 March, 2022

Income Tax dept conducts search on unicorn Infra.Market

The Income Tax department said in an official statement on Sunday that it has conducted a search and seizure operation ......