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Mumbai, India -In a move to solidify its position as a major player in the construction industry, Indian unicorn Infra.Market is exploring the acquisition of Strata Geosystems, a renowned global leader in geosynthetics and related engineering. The acquisition would mark a significant milestone for Infra.Market to underscore its commitment to revolutionizing the construction and geotechnical engineering ecosystem in India.

Infra.Market, often referred to as the “Amazon of Construction,” has gained prominence for its innovative approach to procurement, quality assurance, and transparency within the construction sector. Founded in 2016 by Aaditya Sharda and Souvik Sengupta, Infra.Market has rapidly emerged as a disruptive force, leveraging technology to streamline the construction supply chain and provide end-to-end construction solutions. Last year Infra.Market raised $50 Mn in growth capital from Liquidity Group’s MARS Unicorn Fund.

Recognizing the unorganized nature of the construction sector in India, Aaditya Sharda and Souvik Sengupta embarked on a mission to transform the industry. Infra.Market’s online platform facilitates seamless procurement processes, ensures quality standards, organizes the vendor base, and brings transparency to pricing – a unique offering in the Indian market.

In an interview with Forbes Magazine, Aaditya Sharda, co-founder of Infra.Market, shared insights into the company’s progress and future plans. He stated, “The figures are looking solid in both segments, considering that we are scaling up rapidly. We are hopeful of achieving 100% revenue growth in FY23, which isn’t bad for our scale of operations.”

The potential acquisition of Strata Geosystems would add a new dimension to Infra.Market’s capabilities, allowing it to expand its offerings in geotechnical & geosynthetic engineering. Strata Geosystems, known for its cutting-edge products such as StrataGrid™ geogrid and StrataWeb® geocell, specializes in reinforcing landfills, increasing load-bearing capacity of soils and earth, and preventing soil erosion. The incorporation of these geosynthetic solutions into Infra.Market’s portfolio would enhance its ability to provide comprehensive construction solutions to its customers.

The strategic acquisition would also align with Infra.Market’s long-term vision of transforming the construction industry in India. By combining their expertise in procurement, technology, and geotechnical engineering, Infra.Market aims to offer an integrated platform that caters to the diverse needs of construction projects across the country.

A potential transaction between Infra.Market and Strata Geosystems is expected to facilitate synergies, enabling both companies to leverage their respective strengths to achieve greater operational efficiency and drive innovation. The potential acquisition also signifies Infra.Market’s commitment to staying at the forefront of the rapidly evolving construction and geotechnical engineering sectors.

With the potential acquisition of Strata Geosystems, Infra.Market has taken a further significant stride towards realizing its vision of transforming the construction industry in India. As the company continues to disrupt traditional practices, its focus on quality, transparency, and customer satisfaction positions it as a key player in shaping the future of construction and geotechnical engineering in the country.

About Infra.Market: Infra.Market, founded in 2016, is an end-to-end construction solutions start-up that leverages technology to streamline procurement processes, ensure quality standards, and bring transparency to pricing. With its innovative platform, Infra.Market aims to revolutionize the construction industry in India.

About Strata Geosystems: Strata Geosystems is a global leader in geosynthetics and related engineering, offering advanced solutions such as StrataGrid™ geogrid and StrataWeb® geocell. The company specializes in soil reinforcing structures and preventing soil erosion, contributing to the field of geotechnical & geosynthetic engineering worldwide.