
• Tech-enabled construction materials company transforming India’s fragmented building materials supply chain
• Operates a hybrid model combining manufacturing, B2B marketplace aggregation, logistics, and retail distribution
• 250+ Manufacturing facilities, 55+ cities, 15+ product categories
• Founded: 2016.
• Founders: Aaditya Sharda and Souvik Sengupta
PRODUCTS (15+ Categories)
• 15+ States
• Focused on Tier II and Tier III cities
• 12k+ Retail stores
• Export to Dubai, Singapore, Italy and so on
• 65% of revenue comes from manufacturing and 35% from white labeling
• Marketplace: Commission on sales
• Inhouse manufacturing: Margin of 20-30%
• Interest and service fees by offering credit and financing solutions
KEY HIGHLIGHTS – FY24
• Revenue: INR 14,743.4cr, YoY Growth 24%
• Profit After Tax: INR 377.9cr, PAT Margin 2.6%
• Earnings per share: INR 3800, YoY Growth 144%
• Debt Raised: INR 461.21cr
• In December 2020- $170million
• February 2021 - $1 Billion (Unicorn Status achieved)
• September 2025 - $2.7Billion (Source: moneycontrol)
• Series G round led by Nikhil Kamath's family office, NKSquared, which invested INR 200 crore
• Silverline Homes, linked to co-founder Aaditya Sharda, contributed the largest share with INR 250 crore
• Tiger Global committed INR 176 crore through its Internet Fund
• Existing backers Accel, Evolvence India, and Nexus Ventures also participated with smaller investments
• The recent round also increases the founders' collective stake to ~30%