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FINANCIAL GROWTH INFRA.MARKET
Juspay turns unicorn; Infra.Market IPO gets Sebi nodJuspay became India's first unicorn of 2026 after a fresh funding round. This and more in today's ETtech Top 5.- JSW One Platforms raises Rs 575 crore from SBI, JSW Steel, Principal Asset Management, othersThe fresh capital will be used to scale the company’s technology platform, expand its distribution and logistics network, and strengthen it...
- 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...
- Jumbotail’s unicorn round; Infy on employees’ mental healthB2B firm Jumbotail has become a unicorn with its latest $120 million funding round. This and more in today’s ETtech Top 5.
- Q-comm firms add fees to cart; Curefoods joins IPO queueHappy Monday! Quick commerce players are introducing new charges to offset rising losses. This and more in today’s ETtech Morning Dispatch.
- India Ratings downgrades Infra.Market; company plans to raise Rs 2,500 crore via IPOInfra.Market, planning a Rs 2,500 crore IPO, faces a downgrade from India Ratings due to debt refinancing concerns and negative cash flow. ...
- FMCG’s ecommerce push; Govt targets financial fraudHappy Friday! Consumer firms are betting big on their own ecommerce platforms. This and more in today’s ETtech Morning Dispatch.
- 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...
- Meta gets a reprieve; Infra.Market’s pre-IPO doughNCLAT stays CCI’s data-sharing ban on WhatsApp and Meta platforms. This and more in today’s ETtech Top 5.
- Ahead of IPOs, new-age firms look to fill leadership roles in critical areasCompanies including Captain Fresh, Lenskart, Flipkart, Zetwerk, InCred, Infra.market, Physics Wallah and DevX that are eyeing a public list...
- Stripe pulls back from India; Oxyzo FY24 resultsCiting stricter regulatory requirements, US payments major Stripe has shifted to an ‘invite only’ mode in India. This and more in today’s E...
- 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-...
- Online eats into offline; Agnikul defers rocket launchThe rapid adoption of quick commerce and food delivery apps is eating into the sales of retail, and quick service restaurants. This and mor...
- Infra.Market achieves 6X growth in operational profitability, EBITDA crosses Rs 400 croreThe company's revenue grew from Rs 1243 crore in Financial Year 2021 to 6236 crore in Financial Year 2022.
- Infra.Market hid Rs 224 crore of income, I-T probe finds; cofounder distances himself from TrellOn Sunday, the department said in a press statement that it has found evidence of attempted tax-evasion at “a startup based in Pune and Tha...
- 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.
- Exclusive: Infra.Market posts 3.5-fold jump in FY21 revenues at Rs 1,243 croreThe startup expects 5x growth in its revenues for the current financial year to Rs 6,670 crore, aided by its private label business and B2B...
- 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 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.
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