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Construction-tech Startup Bandhoo bags Rs. 7. 35 Crore to Digitize Projects

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A Bengaluru-based Construction-tech startup, Bandhoo raised Rs. 7.35 crore in a booming pre-Series A funding round directed by Venture Catalysts. Also, the round registered participation from the prominent industrial experts including Neeraj Aggarwal, Manish Gupta, S Srinivasan, Amit Khera, & Abhishek Kumar.

After securing a $1.5 million in a seed round in the year 2021, this funding capital scores magnificent milestone for the company. It displays the increasing confidence if investors in the creative approach of Bandhoo to transform the landscape of construction. Established by Prashant Gupta and Sridhar Sundaram in the year 2020, Bandhoo harnesses the cloud-SaaS solutions & market solutions to improve the connectivity and competence amid all the stakeholders, builders & contractors in the construction sector.

This latest funding capital will allow the Bandhoo to enlarge its services and fortify its presence in the marketplace. As the construction landscape is perched for digital transformation, Bandhoo is expected to utilize this for such offerings and take a leading role in this transformative shift.

The specializations of the company in improving the project management & presenting seamless operations holds the intensity to minimize the costs and timelines for the construction projects, so it will be beneficial for the whole ecosystem. Seeing that Bandhoo boots up to record the upcoming phase of growth & development, the construction industry may foresee a technological advancement obsessed by innovation, dedication and commitment towards advancement.