Funding · Commerce & Consumer Brands

Mad Over Buildings raises ₹30 Cr from institutional investor

By Startup Enthusiast · 12 June 2026

What they do

Mad Over Buildings is a marketplace for construction and interior materials

It has signed a term sheet to raise ₹30 Cr led by an unnamed institutional investor

The company plans to expand from Bengaluru to Mumbai and 12+ cities in 6-9 months

Mad Over Buildings has signed a term sheet to raise ₹30 Cr (about $3.5 Mn).
The round is led by an unnamed institutional investor.
Existing investors are also participating in this round.
Hindware, a building materials major, is a strategic backer.
The post-money valuation is ₹180 Cr (about $18.7 Mn).
The company will use the funds for geographic expansion, technology enhancement, and strengthening its credit-led procurement ecosystem.
It currently operates in Bengaluru and plans to enter Mumbai after the fundraise, then expand to 12+ cities in 6-9 months.

The India building-products market is currently $90 Bn and is estimated to reach $150 Bn by 2028.
Startups disrupting construction materials via the quick commerce model are seeing growing investor interest.
Competitor HomeRun is in talks to raise $10 Mn from Nexus Venture Partners.

Mad Over Buildings is a marketplace for construction and interior materials.
Its customers are architects, contractors, and developers.
It offers same-day delivery for online and app orders, and introduced 1-4 hour delivery earlier in 2026.
A key differentiator is an embedded line of credit at the point of purchase, underwritten by Muthoot Finance.
Another differentiator is its shadow-hub model, using existing brand warehouses as fulfilment nodes instead of dark stores.
The company has 750+ active clients (architects, contractors, project owners).
Its FY26 revenue was ₹8 Cr, and its ARR is ₹24 Cr.

Product: Fintech-enabled B2B e-commerce platform offering curated construction and interior materials with embedded financing
Customers: Architects, contractors, developers, builders, and emerging construction professionals
How it makes money: B2B marketplace with line-of-credit and escrow-backed payment systems; same-day and just-in-time delivery options
What sets it apart: Tech-enabled Line of Credit for secondary and tertiary sales; escrow-backed marketplace addressing financing challenges for smaller distributors