Souvik Sengupta
Souvik Sengupta | |
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Born | India |
Nationality | Indian |
Alma mater | Mumbai University |
Occupation | Entrepreneur |
Known for | Co-founder of Infra.Market |
Souvik Sengupta is an Indian entrepreneur and the co-founder of Infra.Market, a tech-driven B2B platform that is transforming India's construction materials sector. Under his leadership, the company has grown into one of the country’s fastest-growing unicorns, streamlining procurement and supply chain operations for infrastructure and real estate businesses.[1]
Early Life and Education
Souvik Sengupta pursued a degree in engineering from Mumbai University. Early in his career, he worked in construction and procurement roles, gaining firsthand insight into the fragmented nature of India’s infrastructure supply chain. His experiences exposed inefficiencies in traditional procurement, sparking the idea to digitize the sector through technology.[2]
The Birth of Infra.Market
In 2016, Sengupta co-founded Infra.Market with Aaditya Sharda. The platform was designed to bridge the gap between material suppliers and contractors by creating a centralized, digital procurement marketplace. Infra.Market focused on bulk materials like cement, steel, and ready-mix concrete, offering real-time pricing, quality assurance, and streamlined logistics.
The startup's aim was to empower contractors and small businesses with technology-driven solutions that improve pricing transparency, material availability, and operational efficiency.[3]
Growth and Expansion
Infra.Market quickly scaled to become a major player in India's infrastructure sector. Key achievements include:
- Expansion into over 15 Indian cities with strong warehousing and logistics networks.
- Strategic acquisitions to strengthen its product portfolio and manufacturing capacity.
- Entry into international markets such as the Middle East and Southeast Asia.
- Reaching unicorn status in 2021, with backing from investors like Tiger Global and Accel.
Infra.Market now caters to clients across real estate, roads, highways, and industrial infrastructure sectors.[4]
Challenges and Innovations
Digitizing India’s traditional construction industry posed several challenges, including low digital literacy among suppliers and contractors. Sengupta led efforts to introduce:
- End-to-end digitization of procurement and logistics.
- AI-powered demand forecasting for inventory planning.
- Embedded credit solutions for contractors to ease cash flow constraints.
- Real-time tracking and automated reconciliation of deliveries.
These innovations brought speed, scalability, and trust to a previously unorganized industry.[5]
Vision and Future Plans
Souvik Sengupta envisions Infra.Market as a global leader in construction-tech. The company is:
- Expanding its product offerings across categories like electricals, paints, and plumbing.
- Investing in green technologies and sustainable material sourcing.
- Scaling operations in global construction hubs.
Conclusion
Souvik Sengupta has emerged as a pioneering figure in India’s infrastructure and supply chain landscape. His vision of digitizing and organizing the construction sector through Infra.Market has not only modernized procurement but also empowered thousands of small businesses. As Infra.Market continues to expand, Sengupta’s legacy as a visionary entrepreneur in the construction-tech domain remains firmly established.[6]
References
- ↑ https://www.livemint.com/companies/start-ups/tiger-global-backed-2-7-billion-construction-materials-startup-lifestyle-categories-home-decor-mattresses-11738637196270.html
- ↑ https://indianstartupnews.com/funding/infra-market-raises-usd-50m-in-funding-from-existing-investor-mars-4655163
- ↑ https://www.prnewswire.com/apac/news-releases/inframarket-secures-additional-50-million-usd-in-financing-from-mars-growth-capital-a-joint-venture-by-liquidity-group-and-mufg-302156445.html
- ↑ https://www.cnbctv18.com/business/startup/infra-market-receives-funding-from-liquidity-group-mufg-mars-unicorn-fund-19419090.htm
- ↑ https://www.financialexpress.com/business/sme/infra-market-raises-50-million-from-existing-investor-mars-unicorn-fund/3504181/
- ↑ https://www.vccircle.com/tigerglobal-backed-infra-market-divests-stake-in-subsidiary-nets-20-mn