Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Exclusive: Infra.Market to Raise $83 Mn from Founders, Nikhil Kamath, Tiger Global
Infra.Market, a B2B construction materials procurement startup, announced plans to raise $83 million in funding led by its founders, Nikhil Kamath, and global investor Tiger Global. The fresh infusion aims to expand product offerings, enhance logistics infrastructure, and scale technological solutions for construction supply chain management. The company’s platform connects contractors, builders, and suppliers, offering transparency, competitive pricing, and timely deliveries. Analysts note that B2B procurement startups in India are witnessing heightened investor interest due to their potential to optimize fragmented supply chains, reduce operational inefficiencies, and enhance project cost predictability. Infra.Market intends to leverage the capital for expanding into new geographic markets, strengthening inventory management, and deploying AI-driven analytics to forecast demand and optimize procurement decisions. The strategic investment also reflects confidence in Infra.Market’s operational execution, market positioning, and leadership team. The involvement of prominent investors like Nikhil Kamath and Tiger Global signals strong validation of the company’s business model and growth potential. Additionally, the funding will support talent acquisition, R&D initiatives, and further digital integration to improve end-to-end construction supply chain solutions. By addressing inefficiencies in India’s fragmented construction material market, Infra.Market aims to enhance industry standards, reduce project delays, and drive cost savings. Overall, the funding round reinforces investor faith in tech-enabled B2B marketplaces and positions Infra.Market for accelerated growth and market leadership in India’s construction ecosystem.