Tiger Global said to be investing $125m in construction tech unicorn Infra.Market

Traffic passes a construction site for the Lucknow Metro developed by Lucknow Metro Rail Corp. and operated by Larsen & Toubro Ltd. in the Hazratganj area of Lucknow, Uttar Pradesh, India, on Tuesday, February 14, 2017. Photographer: Prashanth Vishwanathan/Bloomberg

New York-based investment firm Tiger Global Management has agreed to invest an additional $125 million in India’s Infra.Market, a business-to-business marketplace for real estate and construction materials.

The funding announcement could come as soon as Monday, Bloomberg reported adding that the Mumbai-based startup plans to use the fresh capital for expansion in the domestic market.

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