B2B infrastructure marketplace Infra.Market has raised $3.5 million in a seed round from Accel Partners to expand its product line. The firm further plans to grow its monthly revenue from $2.50 million to $10 million.
Founded in 2016, Infra.Market has built a centralised online market for real estate and construction materials in Bengaluru and Pune expecting to be operational in at least five cities by March 2020. Previously, the startup had raised $1 million from angel investors. (Source)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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