Infra.Market is a hamster wheel looking at a make-or-break IPO

The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.

October 16, 202510 min
0
Infra.Market is a hamster wheel looking at a make-or-break IPO

You may also like

Internet
Story image

The intercity bus bet by Indian startups is having its moment

Gone are the days of ramshackle buses and spotty schedules. Startups now offer a viable alternative to rail and air travel. But the real test lies ahead as they are only getting started.

Internet
Story image

FRND wants to connect lonely Indians across small towns. Will it work?

The audio chat app turned profitable by connecting people from tier-2 and tier-3 India with users who speak the same vernacular language. But its aim to turn it into a sustainable business seems too ambitious.

Tech
Story image

Why Dhruv Rathee’s unremarkable AI platform may still succeed

Launched at the same time as ChatGPT Go, the YouTuber’s AI aggregation platform doesn’t bring anything new to the table. But it could leverage his online influence and India’s growing AI market.