Debt financing

Building materials marketplace Infra.Market raises $150-M from Mars Growth Capital

Business Line   Infra.Market  

Thane-based construction materials unicorn Infra.Market has secured USD 150 million in debt from Mars Growth Capital, a joint venture between Liquidity and MUFG Bank. This round is an extension of an existing USD 100 million facility by five years. An additional USD 50 million was infused.Northcote Luxe FinBrokers served as exclusive advisors for the transaction.The round marks the second major fundraised by Infra.Market this year, following a USD 125 million Series D round completed earlier in 2025.Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market is a building materials solutions provider and serves both institutional (B2B) and retail (B2R) segments. The company maintains a network of over 250 manufacturing units and 10,000 retail touchpoints across India.

Between Jun-19 and Jan-25, Infra.Market had attracted about USD 821 M from Mars Growth Capital, Capri Global Holdings, Evolvence, Foundamental, Tiger Global and others.For FY24, Infra.Market had reported about INR 14,743.45 Cr in Operating Income and about INR 378.04 Cr in PAT.

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