Infra.Market, India’s fastest-growing building materials platform, has secured USD $150 million credit facility from MARS Growth Capital, the joint venture between Liquidity and MUFG Bank, Ltd..

This includes a five-year extension of the existing $100M facility, with a further increase of $50M at the lender’s discretion.

The growth credit will support Infra.Market’s global expansion, enabling it to scale faster, deliver more efficiently and meet the demand for construction materials across urban, industrial and rural projects in the region.

Infra.Market caters to both institutional (B2B) and retail (B2R) customers, and has grown to become the second largest player by revenue in Ready Mix Concrete (RMC), the second largest by capacity in Autoclaved Aerated Concrete (AAC) blocks and the second largest by capacity in flooring tiles in India. The company is targeting India’s $255 billion USD building materials market, with a focus on infrastructure, industrial and building construction.

Souvik Sengupta, Founder, Infra.Market, said, “We continue to build on our vision of creating India’s largest building materials platform, offering end-to-end solutions across the construction value chain, not only in India, but also globally. We are seeing growth opportunities as we are rapidly expanding our market presence, and create a best in class construction materials company out of India.”

Ron Daniel, CEO & Board Member, Liquidity and Mars Growth Capital, added, “We are proud to deepen our partnership with Infra.Market as the company continues to redefine what’s possible in India’s infrastructure sector. This $150 million potential commitment reflects our conviction in Infra.Market’s vision and execution, as well as the transformative impact it is having across the construction value chain. By combining Liquidity’s technology-driven approach and underwriting capabilities with Infra.Market’s scale and ambition, we are enabling sustainable growth and supporting Infra.Market’s emergence as a global infrastructure leader. We look forward to powering Infra.Market’s expansion in India and beyond over the next five years.”

Liquidity sat down with Infra.Market’s co-founder Souvik Sengupta to reflect on the financing and what’s ahead. Read the article here.