Delhi based Brick2wall Technologies, incorporated in July 2016 by brothers Nishant Garg and Shashank Garg, claims to be India’s largest on line marketplace that provides “live prices” of over 40,000 SKUs ranging from core building materials (cement, steel, bricks) to finishing items (electrical, wall finish, sanitary), which it fulfills through its over 500 vendors in Delhi-NCR has raised $200,000 in an angel round from multiple investors. These funds will be deployed for technology upgradation, increasing customer reach, and developing new business lines.

The investors who participated in the round include Sundeep Sahni, Founder of Lazada; Mayank Mittal, VP at Germany-based bank, Simon Hill, Founder of Wazoku, and a few other HNIs.

Since the official launch of Brick2wall last year, they claim to have served more than a thousand customers, and have been growing in double digits month on month. Brick2wall, which also offers customers the option to hire contractors, lists 5,000 such contractors on the platform.

The company also claims to have a zero percent return rate and a 100 percent returning customer base. A lot of customers coming to their platform, apart from buying building materials, also look for a construction partner. It’s more of a value add, Nishant said.

Many players exist in this space and quite a few of them have raked in funding. While Moglix recently raised $12-million in a Series B round, another Delhi-based startup Supplified raised $1 million in March this year. Bengaluru-based BuildTraders also raised $200,000 in an angel round last year. These startups constitute Brick2Wall’s key competitors today.

here is company details.

 

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