India | AEC Labs

Why Is It Such a Great Time to Be a Construction Tech Entrepreneur in India?

by AEC Labs | Feb 9, 2018 | India | 0 |

By 2030, India will be the world’s third-largest real estate and construction market, to the tune of $1 trillion annually. Contributing over 15 percent of the country’s GDP, it will also be India’s largest employer by 2022, with over 75 million people working in the sector. We hear a lot about “startup ecosystems” or how organizations can encourage and foster a “culture of innovation.” But what about entire emerging markets serving as a petri dish for innovation in certain industries (like construction) that the Western tech boom has so far passed by?

FalconBrick, an Indian SaaS Construction Startup, Streamlines Projects with Mobile Product HandOff

by AEC Labs | Dec 19, 2017 | India, Software | 0 |

By 2030, India will boast the world’s third largest construction and real estate industry, employing over 75M people and generating $1T in economic activity. So it’s no surprise that startups like FalconBrick are taking aim at the sector with mobile-based solutions designed to improve project efficiency and decrease costs and delays.

Indian Construction Materials E-Commerce Marketplace Rootefy Raises Seed Funding

by AEC Labs | Sep 12, 2017 | E-Commerce, India | 0 |

Twenty years into the Amazon era, cracking the online B2B construction materials and procurement market remains an elusive challenge. Still, it’s one that startups across the globe still seem keen on tackling, particularly in India, where another building materials online store recently announced seed funding.