BuildNext Construction Solutions Pvt Ltd.

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BuildNext Construction Solutions Pvt Ltd. - overview

Established

2015

Location

Ernakulam, Kerala, India

Primary Industry

Construction

About

Based in Kerala, India, and founded in 2015, BuildNext Construction Solutions Pvt Ltd. operates as a construction company that specializes in designing and constructing functional, and personalized homes. In July 2022, Buildnext raised USD 3. 5 million in pre-series A funding led by Madhumala Ventures, with participation from FatEngine and Konglo Ventures.


As of July 2023, the company centers are available all across Kerala, Hyderabad, Tamil Nadu, and Karnataka. BuildNext Construction Solutions Pvt Ltd offers two main products: custom homes and select homes. The custom homes provide customers with the opportunity to design and build their homes from scratch, allowing them to incorporate all the features and amenities they desire. From island kitchens to indoor courtyards and passive ventilation systems.


The select homes are feature-rich houses within various budget ranges. The company's application facilitates design, product selection, planning, and daily work progress tracking. In addition, the company offers building materials, bath and sanitary fittings, electrical fittings, wall finishing, chemicals and adhesives, furniture, and kitchen appliances.


Current Investors

FatEngine, Konglo Ventures, Madhumala Ventures

Primary Industry

Construction

Sub Industries

Accessories, Consumer Electronics, Furniture, Home Improvement & DIY, Construction, Adhesives & Sealants, Paints & Coatings, Masonry Materials, Glass

Website

www.buildnext.in/

Verticals

Mobile Apps, Virtual Reality (VR)

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

BuildNext Construction Solutions Pvt Ltd. - timeline of key events

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BuildNext Construction Solutions Pvt Ltd. - financials

Fiscal Year EndedMar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)-32,026,489.653,720,589.5116,950,561.699,861,40172,914,304---
% Revenue Growth (YoY)--67.7%117.7%(14.6%)(27.0%)---
EBITDA (USD)(896,166.8)(8,958,439.9)(8,134,963.2)(7,708,005.3)(9,552,375)5,565,203---
Operating Income (USD)(1,052,660.4)(9,684,627.9)(8,649,740.2)(8,058,902.6)(9,997,952)4,620,911---
Operating Margin-(30.2%)(16.1%)(6.9%)(10.0%)6.3%---
% EBITDA Margin-(28.0%)(15.1%)(6.6%)(9.6%)7.6%---
NET Income (USD)(1,069,547.1)(9,634,500.5)(8,685,972.2)(8,414,465.3)(10,570,632)5,091,281---
% Net Margin-(30.1%)(16.2%)(7.2%)(10.6%)7.0%---

BuildNext Construction Solutions Pvt Ltd. - employee data

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