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Mad Over Buildings raises ₹30 Cr at ₹180 Cr valuation to expand into 12+ cities

Our read

A credit-led, asset-light shadow-hub playbook lets Mad Over Buildings scale into 12+ cities without the capex drag of traditional construction materials distribution.

The report,

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.

Reported figures

From the report. Source details below

$90 Bn to $150 Bn market by 2028

Other figures

  • 750 active clients
  • ₹8 Cr FY26 revenue
  • ₹24 Cr ARR
  • 12+ cities in 6-9 months

Why it matters to operators

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.

The source

Source Read the source at Inc42 Published

First seen