Prop-tech startup WeHouse, formerly known as Hocomoco, has secured Rs 25 crore ($2.8 million) in a Series A round comprising debt and equity. The funding saw participation from existing backers including Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, and Mohnish Yerra.
Funding Snapshot
- Round: Series A (Debt + Equity)
- Amount: Rs 25 crore (~$2.8M)
- Investors: Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, Mohnish Yerra, others
- Previous Funding: $1.86 million (Anthill Ventures, others)
Building Smarter Homes
Founded in 2017 by Sripad Nandiraj and Rohan Vinayak Reddy, WeHouse provides tech-driven solutions for home construction and reconstruction. Acting as an aggregator, it connects architects, contractors, material suppliers, engineers, and skilled labour—streamlining what is often a fragmented industry.
Its platform covers the entire construction lifecycle, from approvals and design to execution and interiors, while offering real-time project monitoring for clients.
Growth Plans
With this capital, WeHouse plans to expand into Coimbatore, Ahmedabad, Jaipur, Surat, and Chandigarh by the end of 2025. Currently active in Hyderabad, Chennai, and Vijayawada, the company has executed over 400 projects, delivered 250 homes, and maintains an order book worth Rs 150 crore.
Founders’ Edge
WeHouse differentiates itself through a per sq. ft. revenue model, sale of construction materials, and add-on interior design services. Its focus on trust, transparency, and tech-enabled monitoring addresses one of the construction sector’s biggest gaps lack of accountability.
Market Watch
India’s residential construction market, projected to hit $373 billion by 2030, offers ample headroom for prop-tech players. With competitors like Brick&Bolt also eyeing scale, the race is on to digitize home-building in Tier-1 and Tier-2 cities.
Final Take
WeHouse’s Series A marks a decisive step in bringing structure, transparency, and speed to India’s home construction ecosystem. As the sector readies for tech-led disruption, startups like WeHouse are building the foundations for a more efficient housing market.
For more startup and business news, visit StartupByDoc.com.