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Inframarkets
Technology-enabled marketplace for construction and building materials.
About Inframarkets
Infra.Market is a technology-driven B2B marketplace for construction materials, founded in 2016 by Souvik Sengupta and Aaditya Sharda. The founders identified significant inefficiencies within India's large and fragmented construction supply chain, which was characterized by price opacity, inconsistent quality, and unreliable deliveries. Sharda's background in his family's construction business and Sengupta's experience as a civil engineer provided them with deep domain expertise to tackle these issues. They launched the company in Thane, India, initially bootstrapping with personal savings to create a centralized procurement platform connecting smaller manufacturers with contractors.
The company operates a full-stack model, serving as an end-to-end construction solutions provider that manages the entire procurement process online to ensure transparency and quality. Its business model is centered on aggregating demand from contractors and developers, which allows for better pricing from suppliers. Infra.Market caters to a diverse client base, including large real estate developers, contractors, architects, and retailers, through both a business-to-business (B2B) and a business-to-retail (B2R) channel. The B2B channel focuses on direct-to-site delivery for large corporate customers, while the B2R channel serves retail demand through a network of over 17,000 retail touchpoints.
Infra.Market's product portfolio is extensive, covering the entire construction lifecycle. It is organized into three main verticals: structural products (concrete, steel, aggregates), finishing products (plumbing, roofing, plywood), and lifestyle products (modular kitchens, paints, appliances). A significant portion of its revenue, around 60%, comes from its own private-label brands, which it produces through a combination of owned and third-party contract manufacturing facilities. The company has also expanded through strategic acquisitions, including RDC Concrete and Shalimar Paints, to bolster its manufacturing capabilities and brand portfolio.
The company has achieved significant growth, becoming a unicorn in February 2021 with a valuation of $1 billion. As of September 2025, its valuation stood at approximately $2.8 billion. For the fiscal year 2025, Infra.Market reported a 27% year-on-year increase in revenue to ₹18,472 crore (approximately $2.1 billion), though its net profit declined. The company has received substantial funding from investors including Tiger Global, Accel, and Nexus Venture Partners, and is preparing for an Initial Public Offering (IPO).
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