Samyak Jain, Founder & CEO, Myinfra; Credits: SuppliedDelhi, India-based tech-powered construction material procurement solution, MyInfra.app has recently launched its mobile application and commenced its operations throughout Delhi NCR. The company is fully bootstrapped by its founders.
MyInfra is an innovative infrastructure management solution that is helping builders, architects, interiors, contractors, and homeowners with the procurement of multi-category of raw materials, site analytics, material financing, and more. The company through its mobile app also offers e-monitoring of ordered materials.
Speaking of the development, Samyak Jain, Founder & CEO, Myinfra told LAFFAZ in a statement,
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“The Infrastructure materials sector will experience a tremendous change in the next 5 years. With the introduction of tech combined with our prior experience in the construction material space, Myinfra is going to revolutionize this highly unorganised, traditionally run sector. The processes will get more transparent and efficient, also the consumers would be more informed and hence be in a better position to take informed decisions.” said Samyak to LAFFAZ
With the slogan of “Cement se lekar Ply, Sab karte hai Supply!” MyInfra counts the recently funded startups Mistry.store, Dalmia group backed Hippo Stores, and Zeyka among its direct competitors.
It is worth noting that the Indian construction market size was valued at $609.8 billion in 2021 and is expected to achieve a CAGR of more than 6% during 2023-2026.
Founded in January 2023, MyInfra projects to close the year 2022-23 at a revenue of over INR 50 Lakhs in just 3 months of operations with an MoM of more than 200%.
Besides this, the company is planning to launch its hiring platform for skilled professionals like carpenters, fabricators, interior designers etc. The platform for hiring will be available within MyInfra.app itself.
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