Tech-based construction startup Brick&Bolt enters Hyderabad
The company provides design-to-build services and hand holds first time home builders right from design, foundation till the completion of the project.
Hyderabad: Tech-enabled construction company launched its operations in Hyderabad and will simplify the construction process for new buyers by making it transparent, ensures zero overhead costs and enables timely project deliveries.
The company provides design-to-build services and hand holds first time home builders right from design, foundation till the completion of the project. For working professionals, business people and landowners, Brick&Bolt is a one-stop destination for all construction needs.
Through its Hyderabad operations, Brick&Bolt intends to play a leading role in the ongoing development of the city’s residential real estate infrastructure. Jayesh Rajpurohit, co-founder and CEO, Brick&Bolt said, “Hyderabad is one step further in our vision of bringing tech enabled construction to all Indian cities. We are currently working with 700+ customers in Bengaluru and Mysore and want to replicate our success in Hyderabad.”
During Covid 2.0, Brick&Bolt introduced ‘Contactless Construction’ to ensure customers’ safety through social distancing while simultaneously allowing them to track the progress of their homes through its tech platform. The company raised $1.5 million in a pre-Series A funding round, led by Sequoia India’s scale-up programme, Surge, in February 2020. In August 2020, Brick&Bolt saw an additional raise of $2.20 million from Germany-based venture capital firm Foundamental. They have completed 150+ projects in Bengaluru and Mysore and have an expansion plan in four more cities in the next two years and 25+ cities in the next 5 years.
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