Construction-tech co. BuilditIndia raises funding from cricketer Parthiv Patel

Ahmedabad-based construction technology startup BuilditIndia has raised funding from former Indian cricketer Parthiv Patel in lieu of a minority stake.The startup has raised INR 4.5 crore (USD 516,000) to date and aims to raise INR 3 crore (USD 344,000) more in the current funding round. It is also planning a bridge round to raise INR 15 crore (USD 1.72 million) by November to accelerate expansion.Founded in 2021 by Akassh Patel and Nilesh Patel, BuilditIndia operates a B2B (business-to-business) platform for construction materials procurement, leveraging technology to streamline the buying process.