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Synopsis
Tiger Global, an investment firm, led a $125m Series D funding round in Infra.Market, a tech-enabled one-stop store for all category of construction materials and products. The startup plans to deploy the fresh fund to expand to new markets and also expand into new categories. It’s also looking to acquire younger firms, the startup said. “We are delighted to double-down on our investment in Infra.Market. The team has demonstrated exceptional growth and continues to disrupt the construction materials industry. Over the past year, Infra.Market has become the go-to partner, especially during the pandemic when the traditional supply chains were disrupted,” Scott Shleifer, Tiger Global Partner.
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