Funding News: Modulus Housing Raises Rs 70 Crore to Accelerate Modular Infrastructure Growth

Startup: Modulus Housing

Founders: Shreeram Ravichandran and P Gobinath 

About us: Modulus Housing is a prop-tech startup based in Chennai that delivers factory-made modular buildings and low-rise infrastructure through a cloud-manufacturing network of partner factories. The company focuses on scalable, cost-effective modular construction using proprietary product suites and green-concrete technology. 

Founded Year: 2018 

Office: Headquartered in India, serving clients across Indian states and select international markets 

Sector: Modular Construction / PropTech / Infrastructure Technology

Funding Round: Series A 

Investors: Led by Kalaari Capital, Hero, and Samarthya, with participation from SVAS, Sigma, Srinath (founder of Zetwerk) and Sanjiv Rangrass 

Modulus Housing has raised Rs 70 crore (approx. US $7.8 million) in its Series A funding round to accelerate growth of its modular infrastructure business. The company will use the capital to expand its market footprint in India and abroad, invest in next-generation R&D (including green-concrete and lightweight modular systems), scale its cloud manufacturing partner-factory network and strengthen its modular product offerings. 

Website: https://www.modulushousing.com

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