Kolo has brought $550K up in its pre-seed round drove by Better Capital

Kolo, a home development commercial center, has brought $550K up in its pre-seed round drove by Better Capital. Singularity Ventures and other marquee investors, for example, Haryopratomo, Rajesh Sawhney of GSF India and Vir Kasyap have likewise taken an interest in the round.

According to the Bengaluru-based startup, the assets will be utilized for building the initial group, item development and establishing its presence in the business sectors in India.

Established by Jery Althaf, Pranav Garg, Aayush Sharda and Vivek Mitta, Kolo gives a stage to property holders to build their homes. It likewise gives a large group of advanced apparatuses to the development specialist co-ops and brands.

The startup guarantees that it has seen five-folds development over the most recent two months. The business is presently live in 13 urban areas like Malappuram, Palakkad, Kozhikode, Thissur, Wayanad, Ernakulam, Thiruvananthapuram, Kollam, Kasaragod and Alappuzha among others.

The lead investor in this round, Better Capital has made 59 investments including this round. As of late the miniature endeavor firm had taken part in Y-Combinator sponsored inai’s $4 million seed round which was driven by Paua Ventures and 9Unicorns.