Other investors were Artha Ventures, Redbay Ventures, Madhumala Ventures, and angel investment from Rahul Garg (Moglix), Varun Alagh (Mamaearth), Abhishek Goyal (Tracxn), Tonmoy Shingal (Mettl), Manish Kumar (KredX), Ravi Garikapati (Davinta), Kunal (Glowroad), Ashish Sharma (Innoven), Pankaj Raina, Archit Rathi, Prashan Agarwal, Sandeep
, Manvi Chandak.
Founded in March 2021, the Onsite app is a cloud-based platform that claims to
100,000+ contractors in financial tracking and team collaboration. The product is available in seven languages and used by contractors.
“We saw an opportunity to revolutionise construction management in India, saving companies both time and money. Although there are tools available in Western markets (Briq, Procore, Assignar), Onsite is the first-of-its-kind in the APAC and we look forward to seeing the impact of this technology on the sector,” said Akshansh, Co-founder of Onsite.
Onsite aims to digitise India’s 10 million+ SME construction businesses and will use the funding to develop its platform and expand its technology team.
“Small businesses are the real drivers of the construction industry. However, Construction businesses in India remain severely underserved by technology. Akshansh, Dheeraj and Sumit are user-centric founders with a clear founder-market fit. We are thrilled to lead Onsite’s seed round,” said Shubhankar Bhattacharya, General Partner of Foundamental.
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