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Recently, Infra.Market, a well-known online marketplace for building supplies, raised almost $20 million by selling a small portion of its subsidiary, RDC Concrete.
The Thane-headquartered firm had sold a 10% stake in RDC Concrete to a group of investors led by Ashish Kacholia in November 2023.
Happy Wednesday! Omnichannel jewellery startup Bluestone is nearing unicorn status with a potential $100-million pre-IPO investment. More on this in todays ETtech Morning Dispatch.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
In FY24, the B2B unicorn logged revenues of $1.75 billion and a profit after tax of $50 million