We are pleased to share that Argus Partners has advised Infra.Market (a building materials platform) on raising INR 732 Cr (approx. $83.1 million) in pre-IPO funding.
Founded in 2016 by Aaditya Sharda and Souvik Sengupta, is a technology-aided building materials platform, offering a diversified product portfolio of building materials, supported by our pan-India manufacturing infrastructure and multi-channel distribution network.
The pre-IPO funding round saw participation from existing investors Tiger Global, Accel India, Evolvence India Fund, Nexus Ventures among others. Nikhil Kamath backed NKSquared, and Silverline Homes (through which the co-founders invested) were also part of the round.
The team at Argus Partners advising Infra.Market consisted of Anindya Ghosh, Anantha Krishnan Iyer (Partners), Khushi Bhardwaj and Nivrithi Kumar (Associates).