Mad Over Buildings to Raise ₹10 Cr for Expansion, Valuation at ₹80 Cr

Bengaluru, June 12, 2026 — Bengaluru-based construction tech startup Mad Over Buildings (MOB) is currently in advanced talks to raise approximately ₹10 crore in a fresh funding round, which is expected to peg the company's valuation at ₹80 crore. The new capital injection will be primarily deployed to accelerate the platform's geographic expansion, deepen market penetration, and enhance its proprietary embedded finance and escrow-backed payment solutions for India's rapidly growing B2B building materials sector.

Scaling the B2B Construction Supply Chain

Founded in 2021 by Kumar Vivek, Mad Over Buildings operates as a fintech-enabled B2B e-commerce marketplace specializing in construction, interior, and sustainable building materials. The platform aims to resolve longstanding inefficiencies in the traditional construction supply chain by offering a transparent digital catalogue alongside tailored financial products.

The impending fundraise follows a successful ₹6 crore seed round previously led by SIG Tattva, the corporate venture capital arm of the Somany Impresa Group, which houses the renowned Hindware brand. The forthcoming capital will allow the company to build on that momentum, expanding its footprint across tier-2 and tier-3 cities where the demand for organized material procurement is rising among emerging developers.

Addressing Industry Liquidity Challenges

One of the central pillars of MOB’s business model is its focus on solving liquidity bottlenecks for small-to-medium enterprise (SME) contractors, architects, and retailers. The platform provides an industry-first, tech-enabled "Line-of-Credit" tailored specifically for secondary and tertiary sales.

This financial integration allows distributors and dealers to access working capital seamlessly, enabling faster transaction cycles. Additionally, MOB utilizes an escrow-secured transaction framework, which mitigates default risks and fosters trust between buyers and suppliers in a market that has historically relied on fragmented and informal credit lines.

Impact on the Construction Tech Ecosystem

The digitization of India's $200 billion construction materials industry remains at an estimated 2%, leaving substantial room for technological disruption. By expanding its operations, Mad Over Buildings aims to capture a larger market share of this untapped potential.

For industry stakeholders—ranging from local contractors to large-scale manufacturers—the platform's expansion means broader access to verified, sustainable materials and improved cash-flow management. The strategic backing from corporate investors like Tattva also provides MOB with direct access to established national distribution networks, enabling it to deliver inventory faster and more reliably than traditional offline channels.

Official Sources Section

Financial figures, operational details, and strategic objectives align with official statements previously released by Mad Over Buildings and corporate disclosures from its primary institutional backer, SIG Tattva (Somany Impresa Group).

Quote Section

According to official statements made by Kumar Vivek regarding the company's operational vision:

"MOB is creating the country's first curated Line-of-Credit and escrow-backed marketplace, unifying every category from civil materials to sustainable and interior solutions under one transparent ecosystem. Having built MOB from the ground up, I believe this marks India's inflection point in Construction Tech, where capital, technology, and trust converge to create exponential value."

Why It Matters

The structural modernization of India's construction supply chain is vital for the broader real estate and infrastructure sectors. By securing fresh capital to drive expansion, Mad Over Buildings is directly addressing the core inefficiencies—lack of transparent pricing, unreliable delivery timelines, and credit starvation—that plague small-scale developers. For the broader market, successful tech-driven procurement platforms lower overall project costs and reduce construction delays.

Key Facts at a Glance

• Target Raise: Expected to raise around ₹10 crore for expansion.

• Target Valuation: Valued at approximately ₹80 crore post-money.

• Core Offerings: B2B building materials procurement, embedded Line-of-Credit, and escrow-backed payments.

• Founding Year: 2021, headquartered in Bengaluru.

• Prior Backing: Previously raised ₹6 crore led by SIG Tattva (Somany Impresa Group).

FAQ Section

What does Mad Over Buildings (MOB) do?

Mad Over Buildings is a fintech-enabled B2B e-commerce platform that connects architects, contractors, and builders with suppliers of construction and interior materials, while providing embedded credit solutions.

How will the new funding be utilized?

The company plans to use the funds to expand its geographic distribution networks, improve its technology stack, and scale its Line-of-Credit and escrow-backed payment systems.

Who are the primary customers of MOB?

The platform targets emerging architects, contractors, small builders, and local material retailers who face challenges with traditional supply chain transparency and working capital.

Source: Mad Over Buildings Official, Somany Impresa Group.