Debt financing
Construction materials unicorn Infra.Market raises Rs.150-Cr led by Yubi
Thane-based construction materials unicorn Infra.Market has raised INR 150 crore (around USD 18 million) in debt from Yubi (INR 80 crore), Raymond Ltd (INR 25 crore), IKF Home Finance (INR 25 crore), and Samunnati Financial (INR 20 crore). This debt funding follows a USD 50 million equity round from the Mars Unicorn Fund in May 2024.
Between June 2021 and May 2024, Infra.Market had raised over USD 681 M from Mars Growth Capital, Varde Partners, Tiger Global, Nexus Venture Partners, Accel India, Evolvence India, Sistema Asia Fund and Foundamental.For FY23, Hella Infra Market Ltd had reported about INR 11,847 Cr in Operating Income and about INR 155 Cr in PAT.
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