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.
What happened
Bengaluru construction materials marketplace Mad Over Buildings is raising ₹30 Cr at ₹180 Cr post-money, led by an institutional investor with SIG Tattva
Key facts
- ₹30 Cr
- $3.5 Mn
- ₹180 Cr
- $18.7 Mn
- ₹8 Cr FY26 revenue
- ₹24 Cr ARR
- 750 active clients
- 12+ cities
- $150 Bn by 2028
Why this matters
Mad Over Buildings is consolidating a fragmented construction materials category via embedded credit—worth tracking as a potential channel partner or tuck-in before the 12-city footprint hardens pricing power.