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STARTUP NEWS

Mad Over Buildings to Raise ₹30 Cr (approx. US$3.51 million), Eyes Expansion Across India

By PropTechBuzz

6/15/2026

Bengaluru-based construction and interior materials marketplace Mad Over Buildings (MOB) has signed a term sheet to raise ₹30 crore in a funding round led by an undisclosed institutional investor. Existing investor SIG Tattva will also participate in the round.

The investment values the company at ₹180 crore on a post-money basis.

Funds to Support Expansion and Technology Development

Founded in 2021, MOB operates a procurement platform for architects, contractors, and real estate developers. The company enables businesses to source construction and interior materials while also providing access to financing options during the purchase process.

According to founder Kumar Vivek, the fresh capital will be used to expand into new markets, enhance the company's technology platform, and strengthen its credit-focused procurement ecosystem.

MOB currently operates in Bengaluru and plans to enter Mumbai following the completion of the funding round. The company also aims to expand its presence to more than 12 cities over the next six to nine months.

The startup counts building materials company Hindware among its strategic investors.

Focus on Credit-Driven Procurement

MOB differentiates itself by combining material procurement with embedded credit facilities. The company offers a line of credit at the point of purchase, with financing support underwritten by Muthoot Finance.

This model is designed to address a common challenge in the construction sector, where procurement decisions are often influenced by access to working capital and credit.

Asset-Light Fulfilment Network

The company also follows an asset-light fulfilment strategy. Instead of investing in dedicated warehouses, MOB works with existing brand warehouses that act as fulfilment centres for customer orders.

This approach helps the company expand into new markets without making significant investments in storage infrastructure. As a result, it can support faster deliveries while maintaining lower operational costs.

Revenue Growth and Market Opportunity

Mad Over Buildings currently serves more than 750 active customers across its network.

The company reported revenue of ₹8 crore in FY26 and stated that it has achieved an annual recurring revenue (ARR) of ₹24 crore.

The latest funding round comes as investors continue to explore opportunities in construction technology and supply-chain businesses that address inefficiencies in the fragmented building materials market.

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SolarSquare Raises $55 Million in Funding Round Led by B Capital

By PropTechBuzz

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Top Picks

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    Mad Over Buildings to Raise ₹30 Cr (approx. US$3.51 million), Eyes Expansion Across India
    By PropTechBuzz6/15/2026
  • 2.
    SolarSquare Raises $55 Million in Funding Round Led by B Capital
    By PropTechBuzz6/15/2026
  • 3.
    Artis Secures $7.3 Million in Seed Funding to Expand AI-Powered Marketing Platform
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  • 4.
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    By PropTechBuzz6/12/2026
  • 5.
    Axonic Completes $400 Million Multifamily Loan Securitization
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    Enlaye Raises $5 Million Seed Round to Expand AI-Powered Risk Management Platform
    By PropTechBuzz6/11/2026
Beyond Rent Collection: 4 Platforms Transforming Property Operations from End to End

Beyond Rent Collection: 4 Platforms Transforming Property Operations from End to End

United States#property management

By PropTechBuzz

6/12/2026

Property management teams today are managing increasingly complex responsibilities across leasing, tenant communications, maintenance coordination, compliance, financial operations, and building infrastructure. As portfolios continue to grow, technology platforms are playing a larger role in helping operators improve efficiency while maintaining visibility across day-to-day operations.

During the recent Property Management category showcase, several technology providers demonstrated how they are addressing different aspects of property management workflows, from rental operations and commercial property administration to EV charging infrastructure and portfolio analytics.

Here is a closer look at 4 property management solutions serving different segments of the industry.

1. SWTCH Energy: EV Charging Infrastructure for Multifamily and Commercial Properties

As electric vehicle adoption continues to grow, property owners are increasingly evaluating how to support charging demand across residential and commercial assets.

SWTCH Energy focuses on scalable EV charging infrastructure through its charging intelligence platform, SWTCH Cortex. The company's technology combines OCPP-certified software with charging hardware designed to operate efficiently within existing electrical systems.

A key component of the platform is intelligent load management, which helps property owners expand charging capacity without requiring significant electrical infrastructure upgrades. SWTCH currently supports more than 25,000 deployed chargers across residential communities, commercial buildings, municipal networks, and transportation corridors throughout North America.

2. Avail by Realtor.com: End-to-End Rental Management for Independent Landlords

Avail is designed for independent landlords seeking a centralized platform to manage rental operations from listing to rent collection.

The platform combines tenant marketing, applicant screening, lease execution, rent collection, maintenance coordination, and tenant communications within a single dashboard. For tenants, Avail provides online rent payments, maintenance request management, and credit-building opportunities through rent reporting.

The company positions itself as an all-in-one rental management platform aimed at simplifying property operations while helping landlords maintain direct relationships with tenants. More than one million landlords have used Avail to manage rental properties.

3. Hemlane: Combining Property Management Software With Operational Services

Hemlane approaches property management through a combination of software, automation, and service support.

The platform supports listing syndication, tenant screening, digital leasing, online rent collection, maintenance coordination, and tenant communications throughout the rental lifecycle. In addition to software capabilities, Hemlane provides operational support services designed to help landlords and property managers manage leasing and maintenance activities more efficiently.

By centralizing conversations, payments, maintenance requests, and property records, the company aims to reduce administrative workload while helping users maintain operational visibility across their portfolios.

4. Re-Leased: AI-Powered Commercial Property Management

Re-Leased focuses on commercial real estate operations by bringing lease administration, property management workflows, compliance tracking, reporting, and financial data into a unified platform.

The company has embedded AI capabilities through Credia AI, which assists users by analyzing lease documents, extracting operational information, reviewing communications, and surfacing answers with supporting references. The platform is designed to support workflows including rent reviews, arrears management, compliance tracking, tenant communications, and operational reporting.

Re-Leased also integrates with accounting systems such as Xero, Sage Intacct, QuickBooks, and NetSuite, allowing operators to connect property operations with existing financial workflows.

What these Platforms Signal for the Industry

Taken together, these products show that property management software is becoming more specialized and more strategic at the same time. Some platforms are solving for landlord simplicity, some for commercial operational depth, and some for infrastructure readiness.

The common thread is clear: property management technology is moving toward systems that reduce administrative burden, centralize data, and give operators more control over performance. In an industry where speed, visibility, and tenant experience increasingly matter, that shift is likely to shape the next phase of platform adoption.

 

From Reactive Management to Predictive Operations: How Property Management Solutions Are Evolving

From Reactive Management to Predictive Operations: How Property Management Solutions Are Evolving

#property management solutions
+1 more

By PropTechBuzz

6/9/2026

The Rise of Unified Vendor Management Infrastructure: Three Platforms Reshaping Vendor Compliance and Property Operations

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6/2/2026

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