<ul data-eligibleForWebStory="true"><li>Thane-based construction materials marketplace Infra.Market secures $50 million additional debt from Mars Growth Capital, boosting its total borrowing to $150 million for expansion ahead of IPO.</li><li>Infra.Market supplies various construction materials and operates through 250+ manufacturing partnerships and 10,000+ retail touchpoints in India, focusing on enhancing product portfolio and geographical presence.</li><li>The company plans to raise around $300 million via IPO in the third or fourth quarter of FY26; it recently raised $121 million from Tiger Global and is backed by investors like Accel and Nexus Venture Partners.</li><li>Infra.Market's financials improved in FY25 with increased EBITDA and profits, but it faced credit rating downgrade in May due to concerns about debt refinancing and negative cash flows from operations.</li></ul>

Thane-based Infra.Market raises additional $50 million debt as it prepares for IPO

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