Aaditya Sharda, Founder, Infra.market
Cement

Aaditya Sharda, Founder, Infra.market

Construction companies traditionally invest less than 1 per cent of revenue in new technologies – lower than every other major industry. And so, the last several decades have seen construction productivity stagnating while costs continue to escalate. But now, the multi-billion-dollar Indian construction industry is indeed ready for a change. Bringing fresh minds and tools to the world of infrastructure and construction, Infra.market is applying technological leverage to bridge the deficiencies among the stakeholders especially during procurement. Led by a team that combines expertise from the technology, design, manufacturing and construction companies, Infra.market is transforming how construction demand can be aggregated for better order fulfilment. Its valuation of $2.5 billion has given it scale.

Notably, Infra.market’s March 2020 revenue stood at Rs 3.5 billion and its March 2021 revenue grew by four times to cross Rs 11 billion, this, despite the COVID pandemic situation. Aaditya Sharda, Founder, Infra.market, shares the strategies that led to this growth, his journey and his plans to build Infra.Market into a one-stop-shop, in conversation with PRATAP PADODE.

Click here to know more…

Construction companies traditionally invest less than 1 per cent of revenue in new technologies – lower than every other major industry. And so, the last several decades have seen construction productivity stagnating while costs continue to escalate. But now, the multi-billion-dollar Indian construction industry is indeed ready for a change. Bringing fresh minds and tools to the world of infrastructure and construction, Infra.market is applying technological leverage to bridge the deficiencies among the stakeholders especially during procurement. Led by a team that combines expertise from the technology, design, manufacturing and construction companies, Infra.market is transforming how construction demand can be aggregated for better order fulfilment. Its valuation of $2.5 billion has given it scale. Notably, Infra.market’s March 2020 revenue stood at Rs 3.5 billion and its March 2021 revenue grew by four times to cross Rs 11 billion, this, despite the COVID pandemic situation. Aaditya Sharda, Founder, Infra.market, shares the strategies that led to this growth, his journey and his plans to build Infra.Market into a one-stop-shop, in conversation with PRATAP PADODE.Click here to know more…

Next Story
Infrastructure Transport

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

Next Story
Infrastructure Urban

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

Next Story
Infrastructure Urban

India Post, MoRD Tie Up to Boost Rural Inclusion

The Department of Posts and the Ministry of Rural Development have signed a Memorandum of Understanding to accelerate rural transformation and expand financial, digital and logistics services for Self-Help Groups (SHGs) and rural households across India. The agreement was signed in the presence of Union Minister of Communications and Development of North Eastern Region Jyotiraditya M. Scindia and Union Minister of Rural Development and Agriculture and Farmers’ Welfare Shivraj Singh Chouhan. The collaboration aligns with the government’s “Dak Sewa, Jan Sewa” vision and seeks to repositi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App