Infra.Market, a Mumbai-based building materials platform, has raised $150 million in fresh financing from Mars Growth Capital. The announcement was made on June 30, ahead of plans to expand its operations in the coming year.
The funding includes a five-year extension on an earlier $100 million credit line, along with a new $50 million commitment. Mars Growth Capital is a joint venture between MUFG Bank and Liquidity Group, a firm that uses artificial intelligence to manage private credit investments. Northcote Luxe FinBrokers acted as exclusive advisors for this transaction.
Founded in 2016, Infra.Market operates a network of more than 250 manufacturing units and 10,000 retail outlets across India. The company supplies a range of construction materials including concrete, steel, tiles, paints, and electrical goods. It caters to both institutional and individual customers.
The capital will likely support the company’s broader goals for growth, technology integration, and improved supply chain infrastructure as it looks ahead to the next phase of expansion.
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By Proptechbuzz
By Ravi Kumar
