Infra.Market eyes $1 billion IPO, aims for $5 billion valuation with Tiger Global backing for Diwali listing.

Infra.Market, a startup backed by Tiger Global, is gearing up to raise a significant $1 billion through an initial public offering (IPO) in India, with ambitions of achieving a valuation of up to $5 billion. The company is eyeing a Diwali listing and intends to submit its draft IPO papers by June. Despite challenging market conditions, Infra.Market remains steadfast in its plans, with Tiger Global and Accel emerging as key shareholders in the venture.

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