“By addressing these concerns and by empowering the small businesses and independent professionals who are at the heart of the industry, Mistry.store aims to organise this large fragmented market through technology. In a similar context, Abhirup Sarkar of Omidyar Network India, believes that the home building material market in India is fraught with inefficiencies, inflated pricing and severe opacity for end consumers. We are the first platform for professionals that not just ensures them best deals but also enhances their knowledge and productivity.” We aim to keep the home interior professionals our ‘north-star’ and create a community and an ecosystem for them to improve their business and personal outcomes,” he added.Ĭofounder, Bhanu Mahajan added, “Besides convenience and trust, we help the professionals get extra income too. “While this market is highly organized in western countries, no significant player has emerged yet in the India market, owing to local market dynamics.

We are aiming to simplify the material purchasing journey, which is typically led by home interior professionals,” said Poddar. “Renovating or building your home in India is always an expensive and tiresome experience. The start-up intends to use the funding to transform home-building material purchases by creating an end-to-end tech-enabled solution for home interior professionals and their homeowner customers. Currently, the company is focused on Delhi and NCR region. The platform is primarily focused on enabling home interior professionals like architects, interior decorators, contractors etc., to be able to procure affordable and quality building materials on behalf of their customers. Waveform VC and Bharat Founders Fund along with marquee angel investors such as Maninder Gulati (OYO), Vasant Sridhar (Co-founder, OfBusiness), Sumer Juneja (Managing Partner, SoftBank), Vikram Chopra (Founder, Cars24), Rohit Kapoor (CEO, Swiggy), Alok Mittal (Founder, Indifi) and Sharad Goenka (COO, Globalfaces) amongst others also participated in the funding round.įounded by Vaibhav Poddar and Bhanu Mahajan in 2022, Mistry.Store is a platform aimed at simplifying building material purchases like wood, plumbing, paints, hardware, electricals etc.

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