Fundraising Fox

Bandhoo

Bengaluru, IN · 10 known investors

Bengaluru-based construction technology company operating an app connecting builders, contractors, material suppliers and workers.

Also known as Bandhoo (Construction) · Bandhoo Solutions and Services Private Limited · Bandhoo Solutions and Services Pvt Ltd

Founders & leadership

SS
Sridhar SundaramFounder

Investors · 10

Also in the syndicate · 8

Abhishek KumarAmit KheraBharat Innovation FundInfoEdge VenturesManish GuptaNeeraj AggarwalS SrinivasanUnitus

Company profile

researched Aug 2026

Bandhoo, operated by Bandhoo Solutions and Services Private Limited, is a Bengaluru-based construction technology and services company. It runs a mobile application and cloud-SaaS platform that links participants across India's construction value chain: developers and builders, project management consultancies (PMCs), general and SME contractors, thekedars and labour contractors, building material dealers and distributors, and construction workers.

The app is organised around four modules: subcontracting (a full tendering and bidding workflow), material procurement, project monitoring and billing (construction project management), and worker hiring and site mobilisation. Contractors use it to find petty contractors, labour contractors and workers; suppliers use it to see demand and submit quotes; workers search for jobs filtered by wage, location and overtime, and can file complaints against contractors. The platform covers construction trades including masonry, carpentry, shuttering, barbending, welding, electrical, plumbing, flooring, scaffolding, fabrication, stonework and equipment operation, and is positioned for real estate, infrastructure (highways, bridges, airports), interiors and industrial capex projects.

By 2024 the company had also built a Project Lifecycle Manager (PLM) aimed at large real estate companies, general contractors and PMCs, covering budgeting, estimation, procurement, billing and contract management, with integrations to financial ERP systems such as SAP, Oracle and SAGE.

Founding story

Bandhoo Solutions and Services Private Limited was incorporated on 17 January 2020 in Bengaluru, Karnataka, by Prashant Gupta and Sridhar Sundaram, both IIT-Delhi alumni. The founders set out to address the informal and fragmented nature of India's construction labour market and the difficulties faced by workers and SME contractors, starting with a three-legged marketplace connecting builders, SME contractors and construction workers.

Business model

Bandhoo combines cloud-SaaS products with managed marketplace services for construction stakeholders. Reported revenue mechanics include commissions on job postings paid by contractors, a service fee taken as a percentage of worker earnings, subscription tiers for premium features, and advertising and partnership income. The platform also designates "Verified" and "Premium" contractors, while its terms of use state that Bandhoo is not responsible for the quality or timeliness of work performed by contractors or workers.

Commission-based fees on job postings from contractors and a percentage of worker earnings as a service fee, supplemented by subscriptions for premium features and revenue from advertising and partnerships.

Traction

Company materials on Google Play (July 2025) cite more than 100,000 contractors and thekedars, more than 250,000 workers, over 100,000 app downloads, and tenders worth more than Rs 1,000 crore posted every three months. At the time of the March 2024 funding announcement, the founders cited 20 developers, 10,000 material suppliers, 1 lakh contractors and more than 2.5 lakh construction workers using the platform. A stated goal is to reach 3 million users by the end of 2025.

Latest developments

The Android app was last updated on 28 July 2025 and lists four modules and user counts of over 100,000 contractors and 250,000 workers. The most recent disclosed financing is the Rs 7.35 crore ($0.9 million) pre-Series A round led by Venture Catalysts, announced in late February/early March 2024, to be used for technology development and go-to-market expansion in metro cities.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Bandhoo operates in India's construction technology segment, described in coverage as a roughly $300 billion construction market, positioning itself as a single platform spanning manpower, materials and project management rather than a point solution.

The platform is presented as a single application covering four functions that are typically handled separately — subcontracting tenders and bidding, material procurement, project monitoring and billing, and worker hiring — serving all sides of a construction project, from large developers and PMCs down to individual workers, and supporting real estate, infrastructure, interiors and industrial projects.

Technology

A multi-module mobile application (Android, distributed via Google Play) paired with cloud-SaaS products, including a Project Lifecycle Manager covering budgeting, estimation, procurement, billing and contract management with integrations into financial ERP systems such as SAP, Oracle and SAGE. The app uses notifications, SMS, WhatsApp messages, email and calls to reach users, and collects location, personal information and contact data with encryption in transit.

Go-to-market

Distribution is primarily through the free Android app, supported by Hindi-language messaging aimed at contractors, thekedars and workers, and a YouTube channel. Following the 2024 pre-Series A round, the company said it would expand go-to-market teams across metro cities and invest further in product development.

Real estate developers and builders, project management consultancies, general and SME contractors, thekedars and labour contractors, building material dealers and distributors, and construction workers in India.

Geography

Headquartered in Bengaluru, Karnataka (registered address at WeWork, Embassy TechVillage, Outer Ring Road, Bellandur), with operations focused on India, including early activity across about a dozen Indian cities and planned go-to-market expansion into metro cities.

History

The company launched its first Android application in 2020 during the COVID-19 lockdown, initially connecting around 3,000 workers to blue-collar jobs while building relationships with migrant-focused organisations; early operations covered more than 10,000 jobs and over 500 tenders for SME contractors across roughly a dozen Indian cities, supported by a core team of about 15 people. A Digital Shramik initiative provided smartphones and digital literacy training to construction workers. Bandhoo raised seed funding from Unitus, InfoEdge Ventures and Bharat Innovation Fund in mid-2021, then expanded from job matching into a Project Lifecycle Manager for large developers, general contractors and PMCs. In February 2024 it announced a Rs 7.35 crore pre-Series A round led by Venture Catalysts, and by mid-2025 was distributing a four-module construction super-app through Google Play.

Risks & controversies

Bandhoo's terms of use disclaim responsibility for the quality and timeliness of work performed by contractors or workers engaged through the platform, and reserve the right to bar users and amend terms at any time. The app collects location, personal information and contact data, and users consent to receive automated alerts, SMS, WhatsApp messages, emails and phone calls.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Construction workers on platformJul 2025250,000 workers
Contractors and thekedars on platformJul 2025100,000 contractors
Core team size (early stage)Jan 202015 employees
Developers using platformMar 202420 developers
Google Play downloadsJul 2025100,000+ (1L+)
Material suppliers on platformMar 202410,000 suppliers

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Mar 2024
Bandhoo raises Rs 7.35 crore ($0.9 million) pre-Series A round led by Venture Catalysts

Venture Catalysts led a pre-Series A round of Rs 7.35 crore (about $0.9 million) with participation from angel investors Neeraj Aggarwal, Manish Gupta, S Srinivasan, Amit Khera and Abhishek Kumar. Proceeds were earmarked for technology product development and expanding go-to-market teams in metro cities.

$900K source ↗

Jun 2021
Seed round of $1.5 million from Unitus, InfoEdge Ventures and Bharat Innovation Fund

Bandhoo raised a seed round reported at $1.5 million in June 2021 from Unitus, InfoEdge Ventures and Bharat Innovation Fund; a secondary account dates the round to July 2021 and sizes it at $1.63 million (about Rs 7.5 crore).

$1.5M source ↗

Jan 2020
First Android application launched

Bandhoo launched its first Android app during the COVID-19 lockdown, connecting roughly 3,000 workers with blue-collar construction jobs.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Bandhoo do?
Bengaluru-based construction technology company operating an app connecting builders, contractors, material suppliers and workers.
Who founded Bandhoo?
Bandhoo was founded by Sridhar Sundaram.
Who are Bandhoo's investors?
Bandhoo's investors include Capria Ventures, Info Edge Ventures.
Where is Bandhoo headquartered?
Bandhoo is headquartered in Bengaluru, IN.