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renewate: Contractor digitization startup ReNEWate raises pre-seed funding led by Better Capital

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MUMBAI: Renewate Infrastructure Technologies Pvt Ltd, a Pune based mostly deep-tech startup, introduced an undisclosed quantity in a pre-seed funding spherical led by Better Capital. The funding will enable ReNEWate to increase its product choices, speed up development and increase its presence all through India.

Founded by husband-wife duo Debashree and Supratik Ghatak, ReNEWate helps renovation contractors, property enchancment professionals and companies to handle their enterprise digitally. With Renewate contractors and designers get instruments of their arms to transform requests into tasks sooner. Renewate’s product have with AR and AI with native language help.

India’s property enchancment market is upwards of $50 billion yearly. Renewate goals to empower its customers to go from an unorganized course of to a digitally-planned method powered by their app. The founding group has expertise in each the true property and expertise domains, having labored with international corporations within the areas of software program expertise, cloud computing, AI, architectural and inside design, venture administration, provide chain administration in addition to materials choice, cataloging and software.

In a press release, Debashree Ghatak mentioned, “We want to remove the pain points that contractors and professionals face. Many contractors are at the bottom of the pyramid when it comes to literacy but up the chain when it comes to showcasing high-value skill sets. With this technology they can be empowered to take control of their business.”

“Many property improvement professionals & contractors are using archaic methods for running their businesses, losing time as well as revenue. Renewate is helping them with their mobile-first vernacular-first app that brings simple tools to help them work smarter,” mentioned Vaibhav Domkundwar of Better Capital in a press release.


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