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Construction-focused marketplace Infra.Market acquires RDC Concrete India from True North

Shortpedia

Content Team
Image Credit: Inc42

Homegrown private equity (PE) firm True North has signed a definitive agreement to disinvest its holding from RDC Concrete, the non-cement readymix concrete company in the country, to construction tech marketplace startup Infra.Market. While the companies have not disclosed the value of the transaction, the acquisition has reportedly cost Infra.Market $100 Mn (INR 737 Cr).