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Mad Over Buildings (MOB), a fintech-enabled B2B e-commerce platform specializing in building materials, has raised Rs 6 crore in a seed funding round led by SIG Tattva.
The proceeds will be utilized for distribution networks, accelerate market penetration and expand its footprint across India’s fast-growing construction ecosystem, MOB said in a press release.
Founded in 2021 by Kumar Vivek, Mad Over Buildings (MOB) aims to scale curated Line-of-Credit, escrow-backed payment system, and full-stack material catalogue, including sustainable construction and interior materials. The platform aspires to transform how architects, contractors, and developers transact digitally, transparently, and at scale.
According to MOB, its tech-enabled Line of Credit for secondary and tertiary sales and escrow-backed marketplace addresses financing challenges for smaller distributors and retailers, enhancing liquidity and enabling seamless transactions. The platform is focused on emerging architects, contractors, and builders, providing an untapped market opportunity.
“MOB is creating the country’s first curated Line-of-Credit and escrow-backed marketplace, unifying every category from civil materials to sustainable and interior solutions under one transparent ecosystem. Having built MOB from the ground up, I believe this marks India’s inflection point in Construction Tech, where capital, technology, and trust converge to create exponential value over the next decade,” said Vivek Kumar, founder of Mad Over Building.
SIG Tattva, the corporate venture capital arm of Somany Impresa Group, empowers visionary founders and transformative startups. It focuses on early-stage ventures in deep-tech manufacturing, enterprise SaaS, clean technologies, next-generation e-commerce, and disruptive product innovations. The VC firm provides strategic guidance, industry access, and operational expertise.
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