Infra.Market Secures $150 Mn Financing From Mars Growth Capital, Backed by Liquidity and MUFG 

Mumbai, June 30, 2025: Infra.Market, India’s fastest-growing building materials platform offering end-to-end solutions across the construction value chain, announced on Monday that MARS Growth Capital (a JV between Liquidity, the global AI-driven private credit firm, and MUFG Bank) has extended terms of the existing financing of $100 million by another five years and also enhanced the financing amount by an additional $50 million. Now, MARS’s total investment in Infra.Market stands at $150 million.

Northcote Luxe FinBrokers were the exclusive advisers to Infra.Market in this transaction.

Founded by Souvik Sengupta and Aaditya Sharda in 2016, Infra.Market is a building materials platform offering end-to-end solutions across the construction value chain. With a robust network of 250-plus manufacturing units and strategic investments in RDC Concrete, Shalimar Paints, Emcer, Millennium Tiles and Amstrad, the company also operates through 10,000-plus retail touchpoints across the country.

Infra.Market is the only platform delivering 15-plus product categories, including concrete, walling solutions, steel, aggregates, pipes and fittings, MDF, plywood, laminates, tiles, paints, modular kitchens, designer hardware, electricals, appliances and consumer durables, among others, ensuring reliability, scale and quality across every stage of construction

Infra.Market caters to both institutional customers (B2B) and retail outlets (B2R) in the building materials sector. Infra.Market has established itself as the second-largest player by revenue in the ready-mix concrete and by capacity in autoclaved aerated concrete blocks and flooring tiles.

Infra.Market is targeting the $255 billion building materials market with a focus on the infrastructure, industrial and building construction sectors.

This is the company’s second fundraising for the year. The company had raised approximately $125 million in Series D financing round earlier this year.

Sengupta said, “We continue to build on our vision of creating India’s largest building materials platform, offering end-to-end solutions across the construction value chain, not only in India, but also globally. We are seeing growth opportunities as we are rapidly expanding our market presence, and create a best-in-class construction materials company out of India.”

Ron Daniel, Co-founder and CEO, Liquidity Group, said, “We are proud to deepen our partnership with Infra.Market as the company continues to redefine what’s possible in India’s infrastructure sector. This $150 million potential commitment reflects our conviction in Infra.Market’s vision and execution as well as the transformative impact it is having across the construction value chain.”

He added, “By combining Liquidity’s technology-driven approach and underwriting capabilities with Infra.Market’s scale and ambition, we are enabling sustainable growth and supporting Infra.Market’s emergence as a global infrastructure leader. We look forward to powering Infra.Market’s expansion in India and beyond over the next five years.”