Infra.Market, a Mumbai-based technology firm providing a one-stop marketplace for construction materials, logistics and financing support, has raised a Series B funding of $20 million from Evolvence India Fund, Sistema Asia Fund, and Foundamental Gmbh. Existing investors including Accel, Tiger Global, and Nexus Venture Partners also participated in the round. The new funds will enable the company to seed newer markets and advance its integration initiatives such as private labels and direct-to-retail channels.

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