Funding round
Infra.Market Series G
Infra.Market, which works in building materials manufacturing in Thane, raised $83M in a Series G round announced on 18 Sep 2025, led by Nksquared, at a $2.80B post-money valuation. 5 firms took part. It is Infra.Market's seventh venture round on record; the one before was a Growth in Jan 2025.
$83M
Amount raised
$2.80B
Post-money valuation
$2.72B pre-money
5
Investors
1 lead
1.0x
Step-up from the Growth
$2.80B in Jan 2025
3.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Infra.Market at $2.80B after the new money, 1.0 times the $2.80B of its Growth (Jan 2025). The $83M bought investors about 3.0% of the company. It came 8 months after Infra.Market's Growth. It is 18% of the $473M Infra.Market has raised in the venture rounds on record. No later venture round is on record for Infra.Market.
Infra.Market's funding rounds
Infra.Market has 7 venture rounds on record and 5 other deals. This one is highlighted.
- Seed 1 Aug 2019 $3.5M
- Series A 2 Jul 2020, led by Tiger Global $20M
- Series B 9 Dec 2020, led by Evolvence India, Sistema Asia Capital and Foundamental $20M
- Series C 25 Feb 2021, led by Tiger Global $100M$1.00B post-money
- Debt not a venture round 7 Jul 2021, led by Alteria Capital $13M
- Series D 3 Aug 2021, led by Tiger Global and InnoVen Capital $125M$2.50B post-money
- Debt not a venture round 16 Jul 2024, led by Yubi $18M
- Debt not a venture round 19 Jul 2024 $90M
- Growth 23 Jan 2025, led by Tiger Global $121M$2.80B post-money
- Debt not a venture round 30 Jun 2025 $50M
- Series G this round 18 Sep 2025, led by Nksquared $83M$2.80B post-money
- Debt not a venture round 14 Oct 2025 $150M
Investors
Who put money in
Nksquared led the round with 4 other firms.
Lead investor
- Nksquared
Also in the round
- Accel backs 581 venture-backed companies
- backs 99 venture-backed companies
- Tiger Global backs 391 venture-backed companies
- backs 7 venture-backed companies
Comparable rounds
How it compares
The closest in time: Series G rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| ThoughtSpot Tech Companies | 13 Oct 2025 | $248M | $4.20B | Lightspeed and Khosla Ventures |
| Upgrade Loans & Financing | 16 Oct 2025 | $165M | $7.30B | Neuberger Berman Funds |
| Clio Tech Companies | 10 Nov 2025 | $500M | $5.00B | New Enterprise Associates |
| Medical Supply Manufacturers | 18 Nov 2025 | $150M | not disclosed | Revival Healthcare Capital |
| Oil & Gas - Extraction & Distribution | 14 Jul 2025 | $25M | not disclosed | not named |
| Cato Networks Tech Companies | 30 Jun 2025 | $359M | $4.80B | Vitruvian Partners and ION Asset Management |
| Airwallex Payment Processing & Point of Sale | 8 Dec 2025 | $330M | $8.00B | Addition |
| Udaan Groceries | 2 Jun 2025 | $114M | $1.80B | M&G Investments and Lightspeed |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Infra.Market raise in its Series G round?
Infra.Market raised $83M in its Series G round, announced in Sep 2025.
Who led Infra.Market's Series G round?
Nksquared led it, with Accel, Nexus Venture Partners, Tiger Global and Evolvence India.
What was Infra.Market's valuation at the Series G round?
$2.80B post-money ($2.72B pre-money).