“Construction tech” sounds like one tech too many; we sit down with an investor to understand what it’s all about.
Shubhankar Bhattacharya is a believer. “There’s a total addressable market of $10 trillion,” exhorts the partner at Foundamental, a global venture capital firm with offices in San Francisco, Berlin and Singapore, with one of its main focus areas being what is known as construction tech.
The startup world is enamoured of the “-tech” suffix: foodtech, adtech, fintech, agritech, the list goes on. Construction, though, is not the first sector that comes to mind—cement, bricks, yellow excavator machines and lots of manual labour are hardly what you associate with the heady world of unicorns and venture funding. But that may be …
With over a decade of experience in business development and strategy, Kabeer Chawla is chief operating officer and co-founder at Sancus Networks, a tech-enabled sales and distribution company. He has worked with companies like Jabong and CupoNation in the past, managing operations, strategy and sales. Currently based in Geneva, Kabeer will tell stories at the intersection of technology, retail and entrepreneurship. Reach out to him at kabeerchawla(at)gmail(dot)com.
kabeerchawla@gmail.com