Debt financing
B2B construction materials unicorn Infra.Market raises $50-M from Mars Unicorn Fund
Infra.Market, a Thane-headquartered business-to-business (B2B) construction material unicorn startup, has raised USD 50 million from Liquidity Group's Mars Unicorn Fund. Infra.Market would use the funds to increase presence across geographies, product verticals, and lead growth in chemical vertical. Infra.Market leverages technology to provide a procurement experience for all players in the construction ecosystem. The company counts Tiger Global, Accel, Evolvence India, Sistema Asia Fund, Foundamental Gmbh and Nexus Venture Partners among its investors. A JV with MUFG, the Mars Unicorn Fund provides non-dilutive bridge loans up to IPO or an alternative debt solution to late-stage companies with a valuation of at least USD 300 M.
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