Draft:Brick & Bolt
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| Type | Private |
|---|---|
| Industry | Construction, Construction technology |
| Founded | January 2018 |
| Founders | Jayesh Rajpurohit Arpit Rajpurohit |
| Headquarters | Koramangala, , India |
| Key people | Jayesh Rajpurohit (CEO) Arpit Rajpurohit (CTO) |
| Services | Residential and commercial construction management |
| Revenue | ₹42.25 crore (US$4.4 million) (FY2024)[1] |
| Website | www |
Brick & Bolt (also styled Brick&Bolt or Brick N Bolt) is an Indian construction technology company headquartered in Bengaluru. It is operated by Pluckwalk Technologies Private Limited.[2] It was founded in January 2018 by Jayesh Rajpurohit and his nephew Arpit Rajpurohit.[3] The company manages residential and commercial building projects. Instead of building them itself, it coordinates independent contractors and handles planning, quality inspection and payments.[3]
History
[edit]Jayesh Rajpurohit studied civil engineering at IIT Roorkee, and Arpit Rajpurohit studied computer science.[3] The founders said the idea came from problems their own families had faced when building homes.[4] The company started with about ₹25 lakh (US$26,000) in seed capital from one of Jayesh's IIT batchmates, and a team of five.[3]
In February 2020, Brick & Bolt raised US$1.5 million through Sequoia Capital India's Surge programme.[5] It later raised US$2.2 million from the German venture capital firm Foundamental. Angel investors included Livspace co-founders Anuj Srivastava and Ramakant Sharma.[3] By September 2021, the company was operating in Bengaluru, Mysuru and Hyderabad. It had delivered 320 homes, had more than 250 under construction, and had grown to about 130 employees.[3]
In January 2023, Brick & Bolt raised US$10 million in a Series A round co-led by Accel and Celesta Capital. HDFC Capital Advisors, Stride Ventures and existing investors also took part, bringing its total funding to about US$16 million.[6][7] The company said it would use the money to improve its technology, strengthen its leadership team and expand to more cities.[6]
In March 2025, Brick & Bolt raised ₹16.6 crore (US$1.7 million) from Foundamental in a pre-Series B round. The round valued the company at about ₹891 crore (US$93 million), nearly three times its Series A valuation.[1] In the 2023–24 financial year, its operating revenue grew 81% to ₹42.25 crore (US$4.4 million), and its losses fell 10% to ₹31 crore (US$3.2 million).[1] By then it was operating in Bengaluru, Mysuru, Hyderabad, Chennai, Delhi NCR and Pune.[1]
In November 2025, the company announced changes to its senior leadership team.[8]
Business model
[edit]Brick & Bolt does not carry out construction itself. It assigns projects to independent contractors, supervises their work and earns a commission from them.[3] In 2021, Forbes India reported that the company carried out 310 quality checks per floor.[3]
Technology
[edit]Customers use a mobile app to track project progress, milestones and payments. Forbes India reported in 2021 that the company used AI-based monitoring to track work.[3] The company uses building information modeling (BIM) and workflow automation tools, and in 2023 it said it ran more than 16 in-house applications, including one that predicts when materials will be delivered.[6]
See also
[edit]References
[edit]- 1 2 3 4 Manchanda, Mukul (11 March 2025). "Exclusive: Brick&Bolt valuation soars 3X in new round". Entrackr. Retrieved 30 September 2026.
- ↑ "Brick&Bolt – Company profile". Inc42. Retrieved 30 September 2026.
- 1 2 3 4 5 6 7 8 9 Matta, Anubhuti (21 September 2021). "Brick&Bolt: How the uncle-nephew duo is reimagining the messy world of construction with technology". Forbes India. Retrieved 30 September 2026.
- ↑ "'People were baffled by our vision': Jayesh Rajpurohit, co-founder, Brick&Bolt". The Times of India. Retrieved 30 September 2026.
- ↑ "Sequoia Surge Startup Brick&Bolt Raises $1.5 Mn To Simplify Construction Biz". Inc42. Retrieved 30 September 2026.
- 1 2 3 Kaur, Jaspreet (10 January 2023). "Sequoia-Backed Brick&Bolt Secures $10 Mn Funding To Make Home & Commercial Constructions Simple". Inc42. Retrieved 30 September 2026.
- ↑ "Brick&Bolt raises $10mn in funding round co-led by Accel, Celesta Capital". Business Standard. 10 January 2023. Retrieved 30 September 2026.
- ↑ "Brick & Bolt strengthens leadership to drive transparent, tech-enabled construction for India's next phase of construction boom". Asian News International. 24 November 2025. Retrieved 30 September 2026.
External links
[edit]Category:Construction and civil engineering companies of India Category:Companies based in Bengaluru Category:Indian companies established in 2018 Category:Technology companies of India
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