Tiger Global has led another round for Infra.Market, having done the same six months ago when Sistema Asia Fund also invested.
Infra.Market, an India-based construction materials marketplace provider backed by conglomerate Sistema, has secured $125m in a series D round led by Tiger Global Management, according to TechCrunch.
The round valued Infra.Market at $2.5bn, up from $1bn six months ago.
Founded in 2016, Infra.Market provides a diversified technology offering for the construction sector, such as a distribution and logistics system, procurement processes digitisation and off-site manufacturing management.
The fresh funding will drive an expansion into additional geographies and product categories, as…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
