Infra.Market, an online business-to-business (B2B) marketplace, is having a fundraising frenzy! They had aimed to raise 500 crore rupees for debt funding earlier in the year. Yubi, a prominent player, gave 80 crore rupees over the course of two transactions, and IKF Home Finance joined the party with an extra 40 crore rupees, so they’re well on their way.
The fascinating thing is that Infra.Market’s sales are increasing despite a 17% decrease in income from the previous year! Their income increased by an astounding 90%. This implies that even though their total earnings has somewhat decreased, they are selling a lot more building supplies. There could be a number of reasons for this, including heightened competition that drives down costs or calculated investments.
Infra.Market raises 150 cr from yubi
