MARS increases investment in India’s Infra.Market with additional $50 million funding

Infra.Market, an Indian startup revolutionizing the construction and real estate industry, has secured a whopping $50 million investment from MARS Unicorn Fund to fuel its global expansion plans. This latest funding round, led by the AI-driven fund Liquidity Group and Japanese bank MUFG, values the Mumbai-based startup at an impressive $2.5 billion.

The startup’s innovative approach involves installing load cells in manufacturing facilities to enhance quality control and streamline the sourcing of raw materials for small businesses in India’s manufacturing sector. By leveraging technology, Infra.Market is empowering small manufacturers to attract larger clients and expand their reach beyond India, tapping into markets in Bangladesh, Malaysia, Singapore, and Dubai.

Founder and CEO Souvik Sengupta expressed his excitement about the growth opportunities ahead, emphasizing the company’s vision of becoming India’s leading multi-product construction materials brand. With the support of investors like Accel, Nexus, Fundamental, and Tiger Global, Infra.Market has significantly increased its supply to retail outlets across 20 Indian states and expanded its exports to Dubai, Singapore, and Italy.

Liquidity Group’s co-founder and CEO, Ron Daniel, praised Infra.Market for its commitment to reshaping the construction and infrastructure landscape in India and beyond. The startup’s strategic partnership with Northcote Luxe FinBrokers further solidifies its position as a game-changer in the industry.

As Infra.Market continues to innovate and diversify its product portfolio, the future looks bright for this ambitious startup on a mission to redefine the construction materials supply chain globally.