Home construction app Kolo raises $4-M

Home construction and renovation app Kolo has raised USD 4 million from RTP Global and existing investor Better Capital. Kolo is a content-community mobile app for homeowners to build their home, and it enables construction providers and brands to create a digital presence and receive opportunities from homeowners. The new investment will help fuel the company's continued growth, enhance the consumer side product offerings, including the content-recommendation engine, the community offering, digital portfolio and tools for the professionals, and expand its presence across India.