Bengaluru-based home construction marketplace Kolo has raised $550,000 in a pre-seed funding round led by Better Capital. Home construction VC Singularity Ventures, and other marquee angel investors, including Ex-GoPay CEO Aldi Haryopratomo, Jiva.ag CPO Aakash, Shopup CEO Sujayath, GSF Founder Rajesh Sawhney, and Ex-Babajobs Founder Vir Kasyap.
Kolo will use the funds for building the initial team, product development, and establishing a dominant position in the first few markets in India.