Table of Contents
Infra.Market-success-story- Bio, facts, Net worth, Business, Income, Growth, Investments, Challenges Faced. Personal life.
Many businesses postpone their construction projects since they are costly and need a long time to complete. A corporation must take into account numerous other factors in order to successfully implement the construction. Fortunately, with the development of technology and creativity, certain businesses are now able to provide construction solutions that benefit organizations. One of the businesses that uses technology to develop multi-product building materials through partnerships with different contract manufacturers is Infra.Market.
This business, a construction solutions unicorn, is developing a multi-product building supply brand that is unique to India. With the goal of revolutionizing the ecosystem, Infra.Market is using technology and scaling innovation.
The company's broad product line consists of a variety of lifestyle items and building materials that can be used to enhance a variety of interior spaces.
The business is currently among the fastest-growing in India, with strong economic and profitability metrics. The only multi-category product brand in India is Infra.Market.
The wholesale construction materials sector includes Infra.Market. The development of many industries, including retail, hospitality, entertainment, and education, has significantly aided in the expansion of the construction materials market.
Over the next five years, the construction and building material business is expected to increase at a Compound Annual Growth rate of 8–9%. The current market size of the construction material sector is estimated to be $225 billion.
His degree is from IIM Ahmedabad. He has ten years of total experience in the infrastructure and building materials industries. One of the founders of Infra.Market is Aaditya, who launched the company in 2016.
He is a qualified accountant with over seven years of ownership and management experience in P&L. Souvik launched a few businesses, including Equiphunt and Chemical.Market, prior to founding Infra.Market.
He is also a member of the boards of Shalimar Paints and RDC Concrete (India) Pvt Ltd. Souvik Sengupta completed his undergraduate studies at Mumbai's Sydenham College and his postgraduate studies at IIM Bangalore.
In 2016, Aaditya Sarada and his colleague Souvik Sengupta founded the company. Aaditya concluded that the construction industry is still unorganised after working in the infrastructure and building sectors for ten years.
"The industry needed a unified platform that could facilitate and encourage the use and availability of materials needed throughout the construction lifecycle,"
A business providing end-to-end construction solutions called Infra.Market was founded to compensate for this unorganized industry. The business meticulously handles the whole internet buying process, guaranteeing affordability and quality transparency.
With a valuation of more than $2.5 billion, Infra.Market is currently one of this year's unicorn clubs.
The tech-driven construction material business aims to provide a distinctive platform for its clients in India and beyond, and it is working hard to become one of the top players in many product verticals.
As stated by Souvik,
"Our vision is to provide end-to-end construction solutions and build a national-level wholesale, retail, and eCommerce platform with in-house logistics and warehousing."
"Transforming construction through technology" is the company's slogan.
The company's whole business strategy revolves around being a one-stop shop for all building material needs. Their wide selection of materials raises the interior's standard throughout.
Technology available on Infra.Market includes:
Customers can use this app to see the construction material supply chain from point of purchase to point of delivery.
VR Technology in-store
In order to experience a realistic perspective inside the house and to reimagine home interiors, they also provide augmented reality technology.
Customers may easily manage their businesses and keep track of various aspects in one location, such as purchasing, finance, inventory management, shipping, and so on.
Influencers and independent contractors can use this platform to generate additional revenue through Infra.Market.
Throughout the years, Infra.Market has generated income from a variety of national initiatives. They have completed projects on the Delhi-Meerut RRTS, Kochi Metro, Chennai Metro, Mumbai Metro, Delhi Metro, and NHAI projects.
By offering advice on how to enhance infrastructure designs, the organization generates revenue. With activities growing internationally, they currently have over 4000 retail outlets spread throughout 17 states in India.
Infra.Market is always faced with obstacles since it deals with the construction sector, which is essential to the growth of the nation's economic sector.