We are pleased to share that Argus Partners has advised Infra.Market (a building materials platform) on raising INR 732 Cr (approx. $83.1 million) in pre-IPO funding.

Founded in 2016 by Aaditya Sharda and Souvik Sengupta, is a technology-aided building materials platform, offering a diversified product portfolio of building materials, supported by our pan-India manufacturing infrastructure and multi-channel distribution network.

The pre-IPO funding round saw participation from existing investors Tiger Global, Accel India, Evolvence India Fund, Nexus Ventures among others. Nikhil Kamath backed NKSquared, and Silverline Homes (through which the co-founders invested) were also part of the round.

The team at Argus Partners advising Infra.Market consisted of Anindya Ghosh, Anantha Krishnan Iyer (Partners), Khushi Bhardwaj and Nivrithi Kumar (Associates).

Read more at: Economic Times, Mint, MoneyControl,  VCCircle.