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.

— Source publishedFri, 12 Jun, 2026, 11:00 IST·First seen Fri, 12 Jun, 2026, 11:07 IST·Source Inc42 · Buzz

What happened

Bengaluru-based construction materials marketplace Mad Over Buildings is raising ₹30 Cr at ₹180 Cr post-money valuation, led by an institutional investor with

Key facts

  • ₹30 Cr
  • $3.5 Mn
  • ₹180 Cr post-money
  • $18.7 Mn
  • 750 active clients
  • ₹8 Cr FY26 revenue
  • ₹24 Cr ARR
  • $90 Bn to $150 Bn market by 2028
  • 12+ cities in 6-9 months

Why this matters

An institutional-led ₹30 Cr round with SIG Tattva signals the construction materials marketplace category is consolidating, raising the bar for new entrants and B2B distribution incumbents alike.

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