Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others

Prop-tech startup WeHouse (formerly Hocomoco) has raised Rs 25 crore (around $2.8 million) in a Series A funding round, a mix of debt and equity. The round saw participation from existing backers Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, Mohnish Yerra, among others.

The Hyderabad-based company had earlier raised $1.86 million from Anthill Ventures and other investors.

The fresh capital will be used to expand operations to new cities, including Coimbatore, Ahmedabad, Jaipur, Surat, and Chandigarh, by the end of this year, WeHouse said in a press release.

Founded in 2017 by Sripad Nandiraj and Rohan Vinayak Reddy, WeHouse is a prop-tech startup that provides tech-led solutions for home construction and reconstruction. It operates as an aggregator platform, bringing together all stakeholders in the construction process—architects, contractors, material suppliers, engineers, and skilled labour.

Its services cover the entire construction journey, from approvals and design (architectural and structural) to project execution and interiors. The company also offers a tech-driven monitoring system that provides clients with real-time visibility into their projects.

According to market research, India’s residential construction market is projected to reach $373 billion by 2030.

At present, WeHouse operates in Chennai, Hyderabad, and Vijayawada. The company claims to have executed more than 400 projects, delivered 250, and currently has an order book worth Rs 150 crore. Its revenue model includes charging customers on a per sq. ft. basis (with commissions varying by city), selling materials to contractors, and providing on-demand interior design services.

WeHouse competes with players such as Brick&Bolt, which is active in both residential and commercial construction across cities including Hyderabad and Chennai.