Mad Over Buildings raises ₹30 Cr at ₹180 Cr valuation to expand into 12+ cities
Bengaluru-based construction materials marketplace is closing a ₹30 Cr round led by an institutional investor with SIG Tattva participation, at a ₹180 Cr post-money valuation. Capital will fund expansion from Bengaluru into Mumbai and 12+ cities over the next 6-9 months via a credit-led, asset-light shadow-hub model. ARR stands at ₹24 Cr with 750 active clients.
Bengaluru-based construction materials marketplace Mad Over Buildings is raising ₹30 Cr at ₹180 Cr post-money valuation, led by an institutional investor with SIG Tattva participation, to expand to Mumbai and 12+ cities via its credit-led, asset-light shadow-hub model.
Why this matters
Mad Over Buildings moves from a Bengaluru-only construction materials marketplace to a multi-city play, backed by fresh institutional capital and SIG Tattva, signaling investor conviction in B2B building materials aggregation.
Retail-company signals steady at 2,733 in the last 90 days.
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