BuildBuy: Building Dreams made Easy!

Shanti Kiran Potluri, Bhargava Kashyap, & Rakesh Chidara,Co-Founders“It is not the beauty of a building you should look at; it’s the construction of the foundation that will stand the test of time,” said David Allen Coe, a famous American musician. It holds true for many who are interested in the field of construction. Shanti Kiran, Rakesh Chidara, and Bhargava Kashyap Apparusu developed an interest in the construction industry at an early stage. After completion of their Postgraduate programme from National Institute of Construction Management and Research, one of the premier institutions in construction domain, they stepped into World-class Organizations and got some in-hand experiences in the Construction Planning, Procurement & Execution. Fascinated to know what goes on at the site and led by the belief that construction was meant to manage the chaos in a peaceful way, the trio recognized that the industry clearly lacked transparency in terms of material procurement. The materials underwent a lot of pilferage, quality manipulation, and human interference due to a dearth of technical methods. Foreseeing it as the major problem, they decided to quit their jobs and set sail for an entrepreneurship voyage. They came up with Build Buy an eCommerce platform for the construction domain, which is built to solve the procurement problem and eliminate the human intervention with a technology-oriented approach.

“Building a home in India not only asks for a huge investment but there are also emotions attached with it. It is a dream for many. Therefore the construction process should be solid and fool proof. As the materials form the core for any construction, one needs to ensure that the quality is top-notch and determines the life of the structure. However, this subject of construction is purely technical and unfortunately, not many people deal with it. Identifying this, we institutionalized to provide a gamut of quality services and guarantee a hassle-free process in material procurement for the buyers,” says Bhargava Kashyap, Co-Founder, BuildBuy.

Making Procurement Simpler and Faster
Touted to be the country’s first
eCommerce platform that focuses on product quality & timing rather than just delivery, BuildBuy keeps up with the technology & digitization for precision and standard processes. The company addresses the problems faced by the construction industries in terms of handling products with minimal shelf lives and challenging quality metrics. With its core competency in Ready Mix Concrete, BuildBuy’s intuitive product possesses the capacity to change the landscape of RMC and other construction material procurement. Striving hard to implement the idea, Co-founder Rakesh Chidara avers, “In Projects it was a tough challenge to integrate every thing into a common platform and maintain its daily operations without any hiccups. We designed the product in an effective and optimized way. In Procurement of material like Ready Mix concrete, there is a possible pilferage of around 10% due to data manipulation, which is a huge monetary and Quality loss to the Buyer and is inaccessible to Track. Our software and hardware records the Live manufacturing details of Concrete and gives complete & accurate information instantly online to the buyer. If any discrepancies in the delivery in terms of the quality or quantity, buyer can take necessary actions saving on the 10% expected losses.”

Bangalore based BuildBuy with its meticulous ground work on Industry needs, has devised the business process in such a way that the most of the things can be automated with a very minimal human interference

BuildBuy is a lot more than a simple e-Commerce platform that deals with supply chain aspects of material supply. Differentiating itself right from the business process, the company aids buyers in achieving quantifiable benefits. It acts as a brand new precision marketplace for the purchase and supply of essential construction material such as Concrete, Cement, Precast Blocks, Crusher materials and others. The company takes care of the complete process right from finding the suitable supplier, to adding features such as Reverse Auctioning system, Delivery tracking, and Quality assessment. Build Buy endeavors to source Concrete from the nearest approved Manufacturing Plant sending Electronically recorded Manufacturing Data Online instantly to the Buyer with the help of their Patent Pending technology which is approved by
Bureau Veritas. The material can be booked online with Accurate Pricing Algorithm. “This transparent process benefits both the buyer and the supplier, economically & technically. Moreover, with our unique rate algorithm, our customers benefit by understanding the right price to procure the material,” says Shanti Kiran.

Expanding its reach at National Level
Bangalore based BuildBuy with its meticulous ground work on Industry needs, has devised the business process in such a way that the most of the things can be automated with a very minimal human interference. With the constant guidance of its promoters, Sridhar Reddy Talamati & Peruma Surendrnath Reddy and immense IT support of Rajeev Seelam & his team, the company at present has 32+ builders on-board with 100 percent presence in Bangalore and also recently started their Operations in Hyderabad too. Explaining the roadmap ahead, the Co-founders conclude, “We are planning to expand at the national level. Currently, aiming at Big Scale developers and Contractors, we are also trying to impart more IoT hardware for enhanced Control and improvise the automatic Pricing Engine & Reverse Auctioning system in terms of handling more requests and orders.”

Key Management :
• Shanti Kiran Potluri, Co-Founder, BuildBuy
A team leader with a deep belief in process driven and result orientated work culture, Shanti Kiran is an adept expert in Planning and Contracts with 4 years of experience, prior working with JLL and L&T. Shanti as the Co-Founder of BuildBuy engages in Innovation, new Technology implementation, and Integration Management.

• Rakesh Chidara, Co-Founder, BuildBuy
A Pro-active and a practical thinker, with an agile approach to challenges. Rakesh has garnered immense knowledge and expertise in Planning and Operations, prior working with Brigade Enterprises and with a total experience of 4 years. Rakesh is currently Playing a Pivotal role in Operations, Product Development, and Technology application.

• Bhargava Kashyap, Co-Founder, BuildBuy
Enterprising, Persistent, Intuitive leader with 5 years of experience in MIS, Monitoring and Control & Business development, working prior with Larsen & Toubro. Bhargava Kashyap takes care of the product penetration and business expansion along with managing the annual spend at BuildBuy