Business Standard

Bandhoo raises $1.1 mn funding to make labour market more transparent

Construction is a $200 billion market in India and so far hasn't adopted much technology in its operations and Bandhoo is tapping that opportunity.

L-R Bandhoo founders, Prashant Gupta and Sridha
Premium

L-R Bandhoo founders, Prashant Gupta and Sridha

Peerzada Abrar Bengaluru
Bandhoo, a platform that aims to transform the digital landscape of the Indian construction sector, has raised $1.1 million from Unitus Ventures. By working closely with real estate, infrastructure and construction companies, building-material suppliers, and construction workers, Bandhoo said it is set to make the labor market more transparent and efficient. With this, Unitus Ventures completes its twelfth investment in the job-tech category. Bharat Innovation Fund and other angel investors participated in this round.

Founded by Prashant Gupta, CEO, and Sridhar Sundaram, CTO, in 2020, Bandhoo helps builders and infrastructure companies save costs and time in their project and procurement

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 27 2021 | 5:08 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com