Mad Over Buildings raises ₹30 Cr to scale shadow-hub model from Bengaluru to 12+ cities

The construction materials marketplace is closing a ₹30 Cr round at ₹180 Cr post-money, led by an institutional investor with SIG Tattva participating. Capital will fund Mumbai entry and a 12+ city rollout over 6-9 months, anchored by an embedded-credit, shadow-hub playbook serving 750 active clients on ₹24 Cr ARR.

— Filed Fri, 12 Jun, 2026, 11:08 IST · Source Inc42 · Updated

Bengaluru construction materials marketplace Mad Over Buildings is raising ₹30 Cr at ₹180 Cr post-money, led by an institutional investor with SIG Tattva participation, to expand from Bengaluru to Mumbai and 12+ cities via its shadow-hub, embedded-credit model.

Why this matters

Mad Over Buildings is converting a proven Bengaluru shadow-hub model into a multi-city expansion, backed by SIG Tattva and an institutional lead, signaling investor conviction in its embedded-credit construction materials marketplace.

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