InfraMarket

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…

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…

New Delhi: B2B construction materials marketplace, Infra.Market, has raised Rs 200 crore by issuing debentures to a group of investors led by financial institution Avendus, people in the know said. The funding is intended to help meet the…

Business-to-business construction materials startup Infra.Market has posted a 3.5x jump in its revenues for the year ended March at Rs 1,242.9 crore on the back of heightened demand from tier I and II cities across the country, a senior…

Infra.Market, the Tiger Global-backed marketplace for construction materials, has acquired RDC Concrete from private equity firm True North. RDC Concrete, the largest non-cement ready mix concrete company in India, was acquired by True…