PE-VC Fund Investments
Construction materials marketplace ‘Mad Over Buildings’ to raise Rs.30-Cr
Bengaluru-based construction and interior materials marketplace Mad Over Buildings is to raise INR 30 crore in a funding round led by an institutional investor, with participation from existing investor SIG Tattva. The transaction will provide the company with a post-money valuation of INR180 crore.Founded in 2021 by Kumar Vivek, the company operates a platform, allowing architects, contractors, and developers to procure materials with integrated financing and delivery services. It is currently operational in Bengaluru and plans to enter Mumbai following the fundraise. The firm plans to enter 12 cities over the next six to nine months.The new funds will be used to fuel geographic expansion, enhance its technology stack, and strengthen its credit-led procurement ecosystem.
Between Apr 2024 and Jun 2025, Mad Over Buildings had attracted about $1-M from Pontaq and others.For FY25, Mad Over Buildings had reported about Rs.3-Cr in Operating Income and about Rs.2-Cr in Net Loss.
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