Construction tech startup Project Hero raises $3.2 million, to expand business

Construction tech startup Project Hero has raised USD 3.2 million (about Rs 25.5 crore) in a funding round led by Ankur Capital and Omidyar Network India to expand business.

The seed funding round also saw the participation from investors such as Titan Capital.

The company will use the funds to scale up its technology, on-board more talent on the platform, and expand their market presence, the company said in a statement.

Project Hero allows contractors to hire and manage construction workers of various trades like bar bending, shuttering, masons, painters, etc, in a reliable and cost-effective way.

Construction workers join Project Hero to get direct access to high paying jobs, trainings and other financial products.

Currently, Project Hero has more than 4 lakh construction workers on their platform and have placed over 3,000 workers to projects.