BuildSupply, a realty and construction sector-focused online SaaS (software as a service) and ecommerce platform, has raised $3.5 million from Venture Highway, a venture capital fund founded by Samir Sood, former Google head of South Asia, Australia, M&A and investments. The fund counts Neeraj Arora, former global business head at WhatsApp, as an adviser.The company is planning to use this series A funding to expand its product reach to the top 10 metros. BuildSupply plans to expand its digital footprint from the current 50 million sq ft to around 300 million sq ft of real estate projects over the next 18 months. The funding also saw participation from Amit Singhal, former head of Google search, existing investors GREE Ventures, Sonny Kalsi, founder of GreenOak Real Estate, the Space Matrix Group and the co-founders of Livspace.“We will use the funds to accelerate our sales and tech hiring, expand our product portfolio and provide state-of-theart procurement and financing solutions for our customers,” said Sameer Nayar, CEO, BuildSupply.
from Economic Times https://ift.tt/2regDMk
via IFTTT
Saturday, December 1, 2018
Subscribe to:
Post Comments (Atom)
Orai is a city and a municipal board in Jalaun district in the Indian state of Uttar Pradesh. It is the district headquarters for Jalaun District.
No comments:
Post a Comment