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New Deal


Announced

Completed

Tiger Global led a $125m Series D funding round in Infra.Market.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private Equity

Friendly

Completed

Cross Border

Private

Minority

Venture Capital

Single Bidder

Building Materials: Other

construction materials

India

Synopsis

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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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