India, April 4 -- As the Indian real estate market makes steady rise to reach a trillion-dollar valuation by 2030, construction activities are growing in sync, especially in Tier-I and Tier-II cities. The growth of the construction sector, however, staggers over hurdles in sourcing quality raw materials like cement and steel at stable prices.

Every project needs to face challenges like endless negotiations with suppliers, price fluctuations and delayed deliveries. Such deterrents not only hinder the country's infrastructure growth, but also limit the potential for the $90 Bn construction materials industry.

"There was an immediate need to plug this gap," said Aaditya Sharda, cofounder of Infra.Market. "To keep up the momentum of the rea...