The company in its filings said that the object of the issue is to raise funds for the growth. Post-issue, Trifecta will hold a 0.33% stake in the company. Prior to this, the company has raised funds from Tiger Global, Accel Partners etc. Infra.Market founder Souvik Sengupta told us that the company has raised INR 40 Cr in an equity and debt mix round of funding from Trifecta. The INR 15 Cr is the first tranche of the same. He added that the company will use the funds for geographical expansion across Kochi, Hyderabad, Nashik, and NCR.
Infra.Market Is Raising INR 40 Cr From Trifecta In Mix Of Debt And Equity
Date posted: Saturday 4 July 2020