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INFRA.MARKET VALUATION
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 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...
- ETtech Deals Digest: Startup funding in May rises 62% on year to $817 millionNew-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for s...
- 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-...
- Infra.Market to buy majority stake in Strata Geosystems for $111 millionThe business-to-business (B2B) platform for construction materials plans to fund the acquisition by raising $150 Million from Varde Partner...
- 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...
- 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 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...
- Indian startups raised $7.8 billion in first four months of 2021Startup funding party continues amid second wave of Covid-19
- ETtech Deals Digest: Innovaccer, Infra.Market become unicorns, Zomato’s funding spreeThe week through 26 February was one of large funding deals, with Tiger Global emerging as a common thread among three of them.
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