Business News

Infra.Market Secures ₹150 Crore Debt Financing Led by Yubi

In a significant financial move, Infra.Market, a leading B2B e-commerce platform, has successfully raised ₹150 crore in debt financing. This funding round, led by digital lending unicorn Yubi, also saw participation from other notable investors such as Samunnati and Vivriti Capital. The funds will be utilized to bolster Infra.Market’s operations and expand its reach in the construction materials market. This latest infusion of capital underscores the company’s robust growth trajectory and its strategic focus on the infrastructure sector.

Strategic Investment for Growth

Infra.Market’s recent debt financing round is a testament to its strategic vision and growth potential. The company, founded in 2016 by Souvik Sengupta and Aaditya Sharda, has been at the forefront of revolutionizing the construction materials market. By leveraging technology and innovative solutions, Infra.Market has streamlined procurement processes for both institutional customers and retail outlets. The ₹150 crore raised will be pivotal in enhancing the company’s operational capabilities and expanding its market presence.

The participation of Yubi, which invested ₹80 crore, highlights the confidence investors have in Infra.Market’s business model. Other contributors, including Samunnati and Vivriti Capital, have also recognized the company’s potential to drive significant growth in the infrastructure sector. This strategic investment will enable Infra.Market to scale its operations, improve supply chain efficiencies, and cater to the increasing demand for construction materials.

infra market debt financing

Expanding Market Reach

With the new funding, Infra.Market aims to expand its footprint across India and international markets. The company currently supplies construction materials to 16 states in India and exports to countries such as Dubai, Singapore, Jordan, and Italy. This extensive market reach has been instrumental in establishing Infra.Market as a key player in the construction industry. The additional capital will support the company’s efforts to penetrate new markets and strengthen its position in existing ones.

Infra.Market’s growth strategy includes enhancing its product offerings and expanding its customer base. By providing a wide range of construction materials and infrastructure goods, the company caters to diverse customer needs. The recent debt financing will facilitate the development of new products and services, ensuring that Infra.Market remains competitive in the rapidly evolving market. This expansion is expected to drive revenue growth and solidify the company’s market leadership.

Financial Performance and Future Prospects

Infra.Market’s financial performance has been impressive, with gross revenue rising 89% to ₹11,846 crore in FY23. Despite a 17% decline in profit to ₹155 crore, the company’s robust revenue growth reflects its strong market position and operational efficiency. The recent debt financing, coupled with previous equity rounds, has provided Infra.Market with the necessary capital to sustain its growth momentum and achieve its long-term objectives.

The company’s future prospects are promising, with plans to raise up to ₹500 crore through debentures. This ambitious fundraising goal underscores Infra.Market’s commitment to scaling its operations and driving innovation in the construction materials market. As the company continues to expand its market reach and enhance its product offerings, it is well-positioned to capitalize on the growing demand for infrastructure development in India and beyond.

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