Construction-focused hiring platform Bandhoo raises $1.1 M from Unitus, Bharat Innovation Fund, ange

Gurugram-based Bandhoo, a digital platform focussed on hiring in the construction sector, has raised USD 1.1 million from Unitus Ventures. Bharat Innovation Fund and other angel investors participated in this round. The funds will be used to expand the engineering team, invest in building new features and functionality, and scale up operations. By working closely with real estate, infrastructure and construction companies, building-material suppliers, and construction workers, Bandhoo is set to make the labor market more transparent and efficient. It aims to bring ease of e-commerce to construction by enabling the value chain using technology. Bandhoo has a 15-member team based out of Gurugram and Bengaluru.