Tattva's Strategic INR 6 Crore Investment Powers Mad Over Buildings' Digital Transformation

In a strategic move to enhance the construction supply chain in India, Tattva, the corporate venture capital arm of Somany Impresa Group, has announced a significant investment of INR 6 crore in Mad Over Buildings (MOB). MOB is a fintech-enabled B2B platform specializing in building materials, aiming to converge technology with financing solutions.

The investment secures MOB access to Hindware's extensive distribution network, expediting its market presence across India. Additionally, MOB's tech-forward approach, including its Line of Credit for secondary sales, aims to resolve financing issues for smaller distributors and retailers, thereby enhancing transaction fluidity and boosting market expansion.

Highlighting the potential of this partnership, Tattva's Founder Shashvat Somany emphasized the shared vision to drive innovation and growth in India's burgeoning building materials ecosystem. MOB's digital solution is set to transform market dynamics, offering untapped opportunities for mid-segment architects and builders, pioneering a new era in India's construction-tech sector.