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INFRA.MARKET FUNDING
Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- Infra.Market raises Rs 1,250 crore in debt ahead of IPOThe debentures will be secured through hypothecation of certain company assets and pledge of promoter shareholding and shares of group comp...
- Infra.Market files for Rs 5,000 crore IPO via confidential routeThe confidential IPO route is facilitated under Regulation 59C of the Sebi (Issue of Capital and Disclosure Requirements) Regulations. Inve...
- IPO-bound Infra Market raises additional $50 million debt financing from Mars Growth CapitalThe company said it will use the fresh capital to support its expansion plans and strengthen its presence across product categories and geo...
- Infra.Market inks 20-year, Rs 200-cr lease for 8-storey office tower in ThaneInfra.Market has leased an entire commercial tower in Thane’s Wagle Industrial Estate, consolidating its operations in a 70,000 sq ft area ...
- Infra.Market raises $121 million in pre-IPO funding; B2B startup now valued at $2.8 billionInfra.Market, an online marketplace for construction materials, has raised $121 million in a funding round as it prepares to list on the st...
- Infra.Market secures Rs 1,050-cr in pre-IPO round; prepares to list on boursesTechnology-enabled building materials platform Infra.Market has secured Rs 1,050 crore in its pre-IPO funding round as it is gearing up for...
- Zerodha’s Nikhil Kamath picks up 7% stake in Infra.Market subsidiary for Rs 166 croreIn December 2023, ET had reported that Infra.Market had sold a 10% stake in RDC Concrete for $20 million to public market investors led by ...
- Infra.Market raises $50 million in funding from Mars Unicorn Fund at $2.5 billion valuationConstruction materials provider Infra.Market is raising the funds at a $2.5 billion valuation, which matches that from 2021 when the Thane-...
- Infra.Market sells 10% stake in RDC Concrete for $20 millionThe current fundraise values RDC Concrete at $225 million, Infra.Market said. It had acquired RDC Concrete for $90 million in September 202...
- Infra.Market raises $50 million in funding from Liquidity Group’s Mars Unicorn FundThe company counts Tiger Global, Accel, Evolvence India, Sistema Asia Fund, Foundamental Gmbh and Nexus Venture Partners among its investor...
- Infra.Market failed to disclose Rs 224 crore of income: IT probeWhen confronted with the evidence, directors of the group, “admitted under oath this modus operandi, disclosed additional income of more th...
- Exclusive: Tiger Global-backed unicorn Infra.Market faces tax probeIncome Tax authorities have raided offices of the company in several cities, including Noida, Hyderabad, Bengaluru, Pune and Mumbai.
- Infra.Market raises Rs 200 crore debt fundingThe funding is intended to help meet the working capital needs of the Tiger Global-backed company, the people said. Infra.Market became a u...
- Tiger Global-backed Infra.Market buys RDC Concrete for Rs 730 croreInfra.Market acquired 100% stake in RDC for Rs 730 crore ($100 million), according to people aware of the development. True North acquired ...
- Infra.Market gets funding at $2.5-billion valuation, eyes acquisitionsInfra.Market, after its latest funding round, is looking to acquire medium-sized brands in the construction space to widen offerings within...
- Infra.Market acquires Hyderabad-based Equiphunt in $10-million dealAs part of the Infra.Market-Equiphunt deal, Equiphunt founder Shashank Dangayach will get a stake in Infra.Market and Manish Sharma of Infr...
- Infra.Market enters unicorn club with $100 million funding led by Tiger GlobalThe latest fundraising values the company at $1 billion, making it the latest entrant to the coveted unicorn club.
- InnoVen Capital makes its second investment in Infra.MarketInfra.Market, which provides building material to L&T, Tata Projects and Ashoka Buildcon, is now well-capitalised to execute its growth age...
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