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B2B marketplace Infra.Market raises $6.8 Mn debt funding from InnoVen

Shortpedia

Content Team
Image Credit: shortpedia

Mumbai-based B2B marketplace Infra.Market has announced that it has raised INR 50 Cr in venture debt funding from InnoVen Capital. This is the second round of investment made by the venture debt firm in the construction and real estate marketplace after a $4.5 Mn debt funding round in September 2019. Infra.Market recorded a 5.5x jump in revenue to INR 350 Cr in FY20, compared to INR 63 Cr in FY19