StartUps

At a valuation of $2.6 billion, Infra.Market will raise a pre-IPO round of ₹500 crore.

By Kajal Sharma - 08 May 2026 05:54 PM

Infra.MarketInfra is a building materials platform.According to sources who spoke to Market Datalabs_in-article-icon is in negotiations to raise ₹500 Cr (about $53 Mn) at a post-money valuation of ₹25,000 Cr (around $2.6 Bn) from current supporters and new institutional investors in a pre-IPO round.The sources also stated that the startup's cofounders, Aaditya Sharda and Souvik Sengupta, as well as current investors Tiger Global, Accel, and Nexus Venture Partners, will take part in the round.The business is anticipated to finish the investment round in the upcoming weeks and plans to go public in the following four to six months. The pre-IPO round comes at a slightly higher valuation than Infra.Market’s ₹732 Cr Series G round in September 2025 which valued the platform at about ₹24,600 Cr. Until this story was published, Infra.Market had not responded to a questionnaire.

According to Infra.Market's regulatory filings, investors like as Tiger Global, Accel Partners, Evolvence India, Nexus Venture Partners, Ashish Kacholia, and Sumeet Kanwar of Verity have already contributed ₹235 Cr of the total amount. Infra.Market, a marketplace for building supplies such ready-mix concrete, tiles, and paints, was established in 2016. It uses technology to digitize the procurement process and sells through its retail and business-to-business network. Among the brands in its portfolio are Shalimar Paints, Millenium Tiles, and RDC Concrete. To date, Infra.Market has raised more than $740 million in investment. Notably, earlier this year, Ascertis lending, a Singapore-based private lending platform, raised ₹1,250 Cr in debt capital.

 

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