Key numbers
The market, the traction, the ask.
₹20L Cr
Addressable market
Annual construction spend in Tier 2/3 India — growing at 14% CAGR
64%
Tier 2/3 share
Of all home construction in India happens outside metro cities
200+
Beta users
Active projects on the platform across Bihar, UP, and Jharkhand
₹3–5 Cr
Seed round size
Pre-Series A, raising now to scale to 4 states by end of 2026
Investment thesis
Why this. Why now.
Construction in Tier 2/3 India has had structural problems for decades. Four things have changed in the last 3 years that make a technology platform viable today when it was not before.
India's construction digitisation wave
Government mandates for digital documentation in public construction, RERA enforcement, and the rollout of PM Awas Yojana are all forcing formalisation of a sector that has operated informally for decades. The regulatory tailwinds for construction technology in India are stronger now than they have ever been.
UPI payment rails are live and trusted
Milestone-linked construction payments require instant, verifiable digital transfers. Five years ago, this was impossible in Tier 2/3 India. Today, UPI penetration in Bihar and UP exceeds 70%, and contractors and homeowners are already transacting digitally. The infrastructure for our payment product is already in their pockets.
Affordable smartphones and 4G coverage
A ₹6,000 Android phone and a Jio SIM is all a construction site supervisor in Gaya needs to use ConstructIQ. 4G coverage in Bihar districts has crossed 85% as of 2025. The device and connectivity gap that blocked rural construction tech for a decade is closed.
Banks are looking for construction credit products
Construction loans are the largest unsecured credit risk for banks in Tier 2/3 India — there is no visibility into project progress, and default rates are high. A BOQ-linked disbursement product that gives lenders real-time milestone visibility is exactly what housing finance companies have been asking for. We are building the verification layer they need to lend more.
The round
Raising ₹3–5 crore
seed round
The seed round will fund 18 months of runway to scale from private beta to a full public launch across Bihar, UP, Jharkhand, and MP — and to close our first bank/NBFC lending partnerships.
Product and engineering
Expand AI BOQ capabilities, build mobile app, launch lender API
Market expansion
On-ground team in Bihar, UP, Jharkhand, MP; contractor and homeowner acquisition
Lending partnerships
NBFC integrations, credit product development, compliance
Operations
Infrastructure, customer support, legal and regulatory
Get in touch
We are looking for investors who believe Bharat's infrastructure future is built from the ground up.
If you are an angel investor, seed fund, or family office with a thesis on Indian construction, fintech, or Tier 2/3 markets — we would like to talk.
We respond to all investor enquiries within 48 hours.