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Construction tech startup BRKZ raises $8 Mn in Series A

EntrackrEntrackr · 1y ago
Construction tech startup BRKZ raises $8 Mn in Series A
Medial

B2B construction tech startup BRKZ has raised $8 million in its Series A round co-led by 9900 and BECO Capital, with participation from Aramco’s Wa’ed Ventures, Knollwood Investment Advisory, RZM Investment and MISY Ventures. With this round, BRKZ has now raised $13.55 million in total. Earlier to this round, the startup had raised $5.55 million in its seed round led by Better Tomorrow Ventures. The proceeds will be used to deepen its proprietary capabilities, and expand its footprint across Saudi Arabia and beyond, BRKZ said in a press release. Launched in 2022 by Ibrahim Manna, BRKZ provides access to a wide pool of suppliers and materials along with multiple delivery and payment options. The startup does not support direct online purchasing, but instead requires buyers to generate and share requests for quotation (RFQs) through its app or WhatsApp. The simplified portal for suppliers enables them to customize prices by size, location, and delivery options. To date, BRKZ claims to have facilitated over $170 million quotations across nearly 1,200 products from more than 350 suppliers. In B2B construction marketplace, BRKZ competes with OfBusiness, Moglix, and Infra.Market, among others.

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MatBook raises $750K in pre-seed round

EntrackrEntrackr · 9m ago
MatBook raises $750K in pre-seed round
Medial

Construction tech startup MatBook has raised $750,000 in a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures. Angel investors affiliated with Autodesk and Amazon also participated. The proceeds will be used to improve its technology, expand its presence in the U.S., and grow its team across sales, technology, and operations. MatBook also plans to enhance its AI tools for pricing predictions, lead-time optimization, and supplier recommendations. Founded by Harsh Badera, Nasir Hussain, Raghav Malhotra, and Shubham Sharma, the company focuses on creating a direct connection between buyers and manufacturers. MatBook’s platform includes a quality control system and integrated logistics, aiming to reduce costs and delays. MatBook provides an AI-powered platform that enables U.S. contractors and distributors to source construction materials directly from vetted manufacturers. The company aims to address supply chain issues in the U.S. construction industry by streamlining procurement, shipping, quality checks, and financing. The company plans to introduce credit solutions and expand its network of manufacturers. MatBook also offers Environmental Product Declarations for buyers interested in meeting green building requirements. In the construction marketplace, MatBook competes with BRKZ, OfBusiness, Moglix, and Infra.Market, among others.

Proptech startup Inkers Technology raises $3 Mn in Series A round

EntrackrEntrackr · 1y ago
Proptech startup Inkers Technology raises $3 Mn in Series A round
Medial

Prop-tech startup Inkers Technology has raised $3 million in its Series A funding round led by Ashish Kasholia from Lucky Investments. The Bengaluru-based company had previously raised $2.03 million from Sailing Stones Technologies and others. The company's flagship product, Observance, is an AI-powered platform designed to process complex construction data such as point cloud data, images, BIM models, and project schedules and transform it into actionable insights. It can scan up to 100,000 square feet of construction area in an hour and generate comprehensive analytics, as-built models, defect reports, and schedule updates within 24-48 hours. The product has been deployed over 150 sites in Bangalore, NCR, Kolkata, Chennai, and Hyderabad, processing more than 2 petabytes of data.

Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others

EntrackrEntrackr · 4m ago
Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others
Medial

Snippets Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others The round saw participation from existing backers Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, Mohnish Yerra, among others. Gyan Vardhan 11 Sep 2025 Prop-tech startup WeHouse (formerly Hocomoco) has raised Rs 25 crore (around $2.8 million) in a Series A funding round, a mix of debt and equity. The round saw participation from existing backers Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, Mohnish Yerra, among others. The Hyderabad-based company had earlier raised $1.86 million from Anthill Ventures and other investors. The fresh capital will be used to expand operations to new cities, including Coimbatore, Ahmedabad, Jaipur, Surat, and Chandigarh, by the end of this year, WeHouse said in a press release. Founded in 2017 by Sripad Nandiraj and Rohan Vinayak Reddy, WeHouse is a prop-tech startup that provides tech-led solutions for home construction and reconstruction. It operates as an aggregator platform, bringing together all stakeholders in the construction process—architects, contractors, material suppliers, engineers, and skilled labour. Its services cover the entire construction journey, from approvals and design (architectural and structural) to project execution and interiors. The company also offers a tech-driven monitoring system that provides clients with real-time visibility into their projects. According to market research, India’s residential construction market is projected to reach $373 billion by 2030. At present, WeHouse operates in Chennai, Hyderabad, and Vijayawada. The company claims to have executed more than 400 projects, delivered 250, and currently has an order book worth Rs 150 crore. Its revenue model includes charging customers on a per sq. ft. basis (with commissions varying by city), selling materials to contractors, and providing on-demand interior design services. WeHouse competes with players such as Brick&Bolt, which is active in both residential and commercial construction across cities including Hyderabad and Chennai.

Zomato-backed AdOnMo raises $7 Mn

EntrackrEntrackr · 1y ago
Zomato-backed AdOnMo raises $7 Mn
Medial

Ad-tech firm AdOnMo has raised Rs 58.21 crore (around $7 million) in its Series B1 round. This is the first major infusion in the Hyderabad-based company after its Series A round led by Zomato last year. The board at AdOnMo has passed a special resolution to issue 36 equity and 4,156 CCPS at an issue price of Rs 1,38,850 each to raise Rs 58.21 crore or $7 million, its regulatory filing with the RoC shows. Healthcare veteran Ravindranath Kancherla and his son Kancherla Pruthvinath injected Rs 16.6 crore while Qatar Insurance Company and ZNL Growth (Z Nation Lab) pumped in Rs 8 crore and Rs 1.80 crore, respectively. Three dozen individual investors including Manish Kailash Chhabra, Vindhya Guduru, Vikram Malhotra, Usha Reddy Chigarapalli, and Desireddy Srinivasa Reddy also invested in AdOnMo’s Series B round. The company will use these investments for business expansion and to meet working capital requirements, according to the filing. According to the startup data intelligence platform TheKredible, AdOnMo has been valued at around Rs 858 crore or $105 million (post-money). During the ongoing fiscal year, the company also raised Rs 20 crore in debt from Northern Arc and Alteria Capital. Founded in 2016 by Sandeep Bommireddi and Sravanth Gajula, AdOnMo is an ad-tech company which provides targeted digital advertising to outdoor digital screens (residential & corporate parks) across 21 cities. As of now, the company has raised around $25 million across rounds including its $15 million round led by Zomato last year. Before this round, Zomato was the largest external stakeholder with a 17.49% stake followed by BAce Capital and Astarc Ventures. AdOnMo grew at a rapid clip in the last fiscal year as its revenue from operations surged four-fold to Rs 75 crore in FY23. Meanwhile, the company’s losses stood at Rs 38 crore in the same period.

Sweet Karam Coffee raises $8 Mn led by Peak XV

EntrackrEntrackr · 10m ago
Sweet Karam Coffee raises $8 Mn led by Peak XV
Medial

Sweet Karam Coffee Raises $8 Mn Led by Peak XV Chennai-based South Indian food brand Sweet Karam Coffee (SKC) has raised $8 million in its Series A round led by Peak XV Partners, with existing investor Fireside Ventures also increasing its stake. The funding comes almost two years after Sweet Karam Coffee raised $1.5 million from Fireside Ventures. The proceeds will be used to expand its distribution, launch new products, and improve its supply chain with tech. Founded in 2015, SKC is known for its authentic sweets, snacks, and filter coffee, which is made without palm oil, preservatives, or maida. It also sells condiments and ghee. The startup sells its products via its website, e-commerce marketplaces, and quick commerce platforms, serving customers across 32 countries. SKC claims to have grown 4X in revenue over the past 12 months and is projected to grow another 2.5X in the next 12 months. SKC announced the appointment of Nandhitha Indermohan (ex-Unilever) as Chief Operating Officer to boost execution.

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