Inkers Technology, a Bengaluru-based proptech startup, has raised $3 million in a Series A funding round led by Ashish Kasholia of Lucky Investments.
Previously, the company raised $2.03 million from Sailing Stones Technologies and others.
The funds raised will be used to expand its AI-powered construction management platform Observance, which processes point cloud data, images, and BIM models to generate construction insights.
“This milestone reinforces our belief in Observance and its ability to set new benchmarks in construction management. With this funding, we aim to further scale our operations and continue our journey of innovation,” said Rohan Shravan, Co-Founder and CEO of Inkers Technology.
Founded in 2015 by Rohan Shravan, Manish Giri, and Srikanth Kandada, Inkers aims to drive the digital transformation of the construction industry, solving critical challenges and enabling sustainable growth for infrastructure projects across India and beyond. The company leverages computer vision, deep neural networks, hardware-level acceleration, and special frequency domain encoders to create an extensive and integrated video processing pipeline that optimizes incoming data.
Since its launch, Observance has been deployed at over 150 construction sites in Bangalore, NCR, Kolkata, Chennai, and Hyderabad. The platform has scanned more than 250 million square feet of construction area and processed over 2 petabytes of data, identifying 40,000+ defects, including water seepage and concrete issues. These insights have enabled clients to save substantial costs and avoid delays.
