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.

16 October, 202510 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Infra.Market is a hamster wheel looking at a make-or-break IPO

You may also like

Internet
Story image

Why Swiggy, Zomato, Zepto can’t deliver food in 10 minutes

With Swiggy joining the list of companies shutting down their ultra-fast food delivery services, we look at what’s plaguing the 10-minute food delivery sector. And whether there’s any hope at all for those trying.

Internet
Story image

Inside the math of instant help startups

Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?

Internet
Story image

VC-funded startups are tempting women to join the instant house help business. Can it last?

In India’s instant house help sector, dominated by Snabbit, Pronto and Urban Company, domestic workers have nothing to lose and everything to gain. At least, for the time being.