🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Proptech firm Bandhoo raises pre-Series A round led by VCats

EntrackrEntrackr · 1y ago
Proptech firm Bandhoo raises pre-Series A round led by VCats
Medial

Proptech firm Bandhoo has raised Rs 7.35 crore ($0.9 million) in a pre-Series A funding round led by Venture Catalysts along with participation from Neeraj Aggarwal, Manish Gupta, S Srinivasan, Amit Khera, and Abhishek Kumar. Bandhoo had previously raised $1.5 million in its seed round in June 2021 from Unitus, InfoEdge Ventures, and Bharat Innovation Fund. The fresh funds will be used to continue our investments in the Technology solutions we offer as well as Go-To-Market teams on ground in various metro cities. Co-founded in 2020 by Prashant Gupta and Sridhar Sundaram, Bandhoo is a construction technology and services company which offers multiple cloud-Saas and marketplace solutions that cater to the construction ecosystem like developers, builders, contractors, PMCs, material suppliers and construction workers. According to the Bengaluru-based company, it leverages SaaS solutions and managed marketplaces and empowers stakeholders across real estate, infrastructure, and construction domains, ensuring efficient project management and uninterrupted operations. Bandhoo claims that it has more than 20 developers, 10,000 material suppliers, 1 lakh contractors, and 2.5 lakh construction workers. Venture Catalysts is an integrated incubator and typically invests $250K – $2 Mn in early-stage startups where it has invested in over 300 startups since inception.

Related News

Proptech startup Flent raises $2.5 Mn in pre-Series A round

EntrackrEntrackr · 5d ago
Proptech startup Flent raises $2.5 Mn in pre-Series A round
Medial

Proptech startup Flent raises $2.5 Mn in pre-Series A round Bengaluru-based proptech startup Flent has raised Rs 21 crore (about $2.5 million) in a Pre-Series A round, including Rs 17 crore in equity and Rs 4 crore in debt. The round was led by Incubate Fund Asia, with participation from WEH Ventures, Twin & Bull Family Office, Stride Ventures, 91Ventures, Untitled VC, and a group of angel investors, including BlackBuck co-founder Rajesh Yabaji. In addition, over 40 landlords and tenants using Flent’s platform collectively invested Rs 1 crore as part of the round. The proceeds will be used to expand beyond Bengaluru, with Mumbai and Gurugram identified as the next markets. Flent also plans to roll out new offerings across the rental journey, including flatmate discovery, vacancy protection for landlords, and AI-led location and budget discovery tools. Founded in October 2023 by Mayank Lalwani, Rishabh Agnihotri, and Shail Daswani, Flent operates a full-stack rental platform offering fully furnished, move-in-ready homes with flexible lease terms. It manages the entire lifecycle, design, onboarding, tenant screening, maintenance, and rent assurance while removing brokerage and large security deposits. Flent currently manages 350 rooms across 140 premium homes in Bengaluru, with reported occupancy levels of 90–95%. The average customer stay is around 14 months, according to the company. On the supply side, the brand is targeting high-value residential properties, particularly those owned by investors and NRIs, where professional property management remains fragmented.

Dubpro.ai raises $500K in seed round

EntrackrEntrackr · 1y ago
Dubpro.ai raises $500K in seed round
Medial

AI startup Dubpro.ai has raised $500k in its seed round from Venture Catalysts. Anicut Capital, 9Unicorns, and JJFO and FirstCheque also participated in the round. Founded by Ishan Sharma and Rishikesh, dubpro.ai enables creators and companies to localise their video content through advanced AI-driven dubbing solutions. Using a combination of Artificial Intelligence and human expertise, dubpro.ai offers high-quality vernacular content localisation that was previously inaccessible due to cost restrictions and time-consuming processes. “We are extremely excited to work with leading investors and a passionate team to build generative AI capabilities in Indic languages that could unlock a great potential for video content being available across all vernacular languages from Education to Entertainment content,” said Sharma, founder & CEO of dubpro.ai. The platform claims to deliver realistic dubbing experiences at a scalable cost point, ensuring efficiency and affordability. With an emphasis on quality assurance, Dubpro.ai’s human experts conduct over 10 quality checks. Venture Catalysts invests $250K – $2 million in early-stage startups. It has a presence across 55 cities in 9 countries. It recently led funding round in proptech startup Bandhoo.

Download the medial app to read full posts, comements and news.