Bandhoo, a construction technology startup co-founded by Prashant Gupta and Sridhar Sundaram in 2020, has secured a significant funding of Rs 7.35 crore led by Venture Catalysts. Bandhoo funding aims to revolutionize the construction ecosystem with its innovative cloud-SaaS and marketplace solutions.
These solutions are tailored to serve a diverse range of stakeholders in the construction industry, including developers, builders, contractors, PMCs, material suppliers, and construction workers. Bandhoo funding helps company to expand their services.
The funding round, spearheaded by Venture Catalysts, India’s first integrated incubator and the largest early-stage investment firm, also witnessed participation from esteemed angel investors such as Neeraj Aggarwal, Manish Gupta, S Srinivasan, Amit Khera, and Abhishek Kumar. With this financial boost.
Bandhoo plans to strengthen its Go-To-Market (GTM) teams across various metro cities, enhancing product development, and accelerating its growth trajectory by leveraging its compelling solutions that have garnered rapid adoption by large enterprises and SMEs in the real estate and construction sectors.
Bandhoo’s comprehensive platform integrates developers, PMCs, contractors, material suppliers, and workers into a seamless ecosystem, leveraging cutting-edge SaaS solutions and managed marketplaces. By empowering stakeholders across real estate, infrastructure, and construction domains.
Bandhoo ensures efficient project management and uninterrupted operations. With an impressive user base, including over 20 developers, 10,000 material suppliers, 1 lakh contractors, and more than 2.5 lakh construction workers, Bandhoo is at the forefront of revolutionizing India’s $300 billion construction market.
