infra.market

NEW DELHI: Infra.Market is set to acquire a majority stake in Strata GeosystemsIndia in a deal pegged at about $110 million, the company said in a statement on Monday.The majority stake, amounting to over 90% will be acquired from US-based…

Infra.Market has signed an agreement to buy a majority stake in Strata Geosystems for an enterprise value of Rs 910 crore ($110.95 million) from Glen Raven Technical Fabrics.The business-to-business (B2B) platform for construction materials…

Despite an overall slowdown in large funding rounds, some startups are still attracting interest from investors. ShareChat and AlphaSense were two startups that raise big rounds this week, while Infra.Market, Chaayos and others raked in…

Mumbai: Infra.Market, a business-to-business (B2B) construction material startup, has raised $50 million in growth capital from Liquidity Group’s Mars Unicorn Fund. The funding round values the company at $2.5 billion. The company counts…

NEW DELHI: Infra.Market, an online platform for construction materials, is under the scanner of the tax department for alleged evasion. While the authorities did not name the company, a statement issued by the Central Board of Direct Taxes…

New Delhi: The Income Tax department has detected "undisclosed" income of more than Rs 224 crore after it recently raided Maharashtra-based unicorn start-up Infra.Market, officials said on Sunday. The searches were launched on March 9 at…

Mumbai: The Income-Tax department said on Sunday it has found evidence that a startup based in Pune and Thane has not disclosed Rs 224 crore of income. While the I-T department didn’t name the company, it is believed to be referring to…

Mumbai/Bengaluru: Business-to-business construction materials startup Infra.Market faces an investigation by tax authorities for allegedly not paying taxes, three people with direct knowledge of the development said. Income Tax authorities…

Last week, the cofounder of an Indian startup shot off an angry letter to its investors, questioning the nature of an audit being conducted at the firm. If you guessed Ashneer Grover... well... you’re wrong. The cofounder in question is…

Construction unicorn Infra.Market, which was reportedly planning to raise a whopping $450 million from investors, may have to ditch those plans for the time being. The company faces an income tax investigation after officials raided its…