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Infra.Market Files DRHP for ₹5,000 Crore IPO; Preparing Market Entry
Infra.
Infra.Market filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise approximately ₹5,000 crore through a combination of fresh issuance and offer-for-sale. The building materials tech unicorn, valued at over $2.5 billion, plans to utilize proceeds for geographic expansion and modernizing its supply chain. Backed by Tiger Global and Accel, the company posted ₹14,530 crore in FY24 revenue and ₹378 crore in profit. Its IPO adds momentum to India’s late-stage startup ecosystem in 2025, highlighting investor interest in scalable B2B marketplaces.