Hocomoco rebrands to Wehouse, increases $1 million
Hyderabad: Hyderabad- based tech-powered building collector Hocomoco has actually just recently rebranded itself to Wehouse and also elevated $1 million from Anthill Ventures and also a team of angel capitalists in its initial financing round. The financing will certainly be made use of to update the innovation system and also employ for crucial functions in its growth to cities frying pan-India
Sripad Nandiraj, Co-Founder and also CEO, Wehouse, claimed, “Reinventing is an important part of keeping a corporate entity relevant and aligned with its entrenched entrepreneurial ethos. Our new name embodies our industrial and individual worldview. It means we, as a company and our clients, are building their dream home together as a family.”
“Our recent funding is an indication that we are moving in the right direction. The funding will be used to bolster our tech and prime us for scalability. Currently, more than 2000 workers are indirectly employed on different projects across Wehouse’s projects. We want to keep increasing this number and give these workers more jobs as we grow.” Wehouse is a technology collector system that assists in end-to-end building solutions, aiding clients construct their desire residences. The start-up streamlines the building procedure by bringing all entities associated with constructing a house under one roof covering. It gives a surveillance-secured task website to avoid burglary and also damages throughout the task.
The business provides end-to-end solutions from lawful approvals, building structural layout, and also building implementation to insides and also keeping track of solutions.