Infra.Market
About Infra.Market
Infra.Market is a Construction products startup based in Thane, Maharashtra, India that has raised $806M in venture capital across 6 funding rounds since 2016. The company reached Pre-IPO stage in June 2019 with a null round led by Accel. Infra.Market's investor base includes 8 institutional funds, with Tiger Global Management leading the most recent equity round.
Infra.Market (Hella Infra Market Limited) is a technology-enabled building materials platform connecting construction contractors, developers, and retailers with a diversified product portfolio manufactured across 283+ facilities spanning 22 Indian states. Founded in 2016 by Souvik Sengupta and Aaditya Sharda in Thane, Maharashtra, the company has built a portfolio of 11 proprietary brands — including Shalimar Paints, IVAS, and RDC Concrete — and distributes through 17,256+ retail touchpoints via B2B and B2R channels. Reporting ₹6,053 crore in revenue in FY2025 (22% YoY growth), Infra.Market has raised over $806M from backers including Tiger Global, Accel, and Nexus Venture Partners. In January 2026 SEBI approved the company's proposed ₹5,000 crore IPO, and in May 2026 the company is raising a final ~₹500 crore pre-IPO round at a $2.6B valuation ahead of its public debut.
Infra.Market Funding Rounds Timeline
6 rounds · $806M raised · since 2016
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | June 2019 | Undisclosed | — | Accel | — |
| Series A | December 2019 | $20M | — | Tiger Global Management | Nexus Venture Partners, Accel |
| Series C | February 2021 | $100M | — | Tiger Global Management | Accel, Nexus Venture Partners, Evolvence India Fund, Sistema Asia Fund, Foundamental |
| Series D | August 2021 | $125M | $2.5B | Tiger Global Management | — |
| Series G | November 2025 | $43M | $2.8B | Tiger Global Management | Accel, Nexus Venture Partners, NK Squared, Silverline Homes Private Limited |
| Pre-IPO | May 2026 | $53M | $2.6B | Tiger Global Management | Accel, Nexus Venture Partners |
Investors in Infra.Market
8 institutional investors across 6 rounds
Lead investors
Co-investors
Recent news about Infra.Market
- FundingInfra.Market Eyes IPO After Securing $53M Pre-IPO FundingMay 2026
Questions about Infra.Market
How much has Infra.Market raised?
Infra.Market has raised $806M across 6 funding rounds since 2016.
Who are the investors of Infra.Market?
Infra.Market's investors include Tiger Global Management, Accel, Nexus Venture Partners, Foundamental, Evolvence India Fund, Sistema Asia Fund, NK Squared, Silverline Homes Private Limited.
When was Infra.Market's last funding round?
Infra.Market's most recent round was a null Seed in June 2019, led by Accel.
What is Infra.Market's valuation?
Infra.Market reached a $2.6B valuation (unicorn status) with its Seed round in June 2019.
Where is Infra.Market headquartered?
Infra.Market is headquartered in Thane, Maharashtra, India, and was founded in 2016 by Souvik Sengupta, Aaditya Sharda.