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Huviair Raises $3.2 Million In Series A Funding Led By Chiratae Ventures, Others

Jan 18, 2022over 3 years ago

Amount Raised

$3.2 Million

Round Type

series a

DelhiReal EstateSoftware

Description

New Delhi: HUVIAiR Technologies, which provides software solutions for construction projects, on Tuesday said it has raised $3.2 million (around Rs 23.82 crore) in its Series A round of funding round led by Chiratae Ventures to expand and grow its business.

Company Information

Company

Huvi Ai R Technologies

Location

Delhi, Delhi, India

About

The company said its SaaS platform CONSTRA, derives insights from images and videos (of building exterior and interior) to help immensely through the planning, building and inspection stages of construction projects. "With CONSTRA, we have built a visual analytics platform that automates progress, safety and quality monitoring at construction sites," Mundkur said, adding that the platform is helping its clients deliver projects faster and at a lesser cost. The platform CONSTRA ingests visual inputs (images and videos) from drones, 360° cameras, laser scanners, CCTV cameras, mobile phones and as well as traditional sources like CAD drawings, project schedules and BIMs. "Rich visualisation along with MIS reports are delivered to decision makers across developers, PMCs and contractors within a few hours of the data capture," the company said. HUVIAiR Technologies, which provides software solutions for construction projects, on Tuesday said it has raised $3.2 million (around Rs 23.82 crore) in its Series A round of funding round led by Chiratae Ventures to expand and grow its business.