Proptech startup Inkers Technology raises $3 Mn in Series A round

Prop-tech startup Inkers Technology has raised $3 million in its Series A funding round led by Ashish Kasholia from Lucky Investments.

The Bengaluru-based company had previously raised $2.03 million from Sailing Stones Technologies and others.

The proceeds will be utilized to expand its reach and enhance its product offerings, Inkers said in a press release.

Co-founded 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 the incoming data.

According to Inkers, its flagship product, Observance, is an AI-powered platform designed to process complex construction data such as point cloud data, images, BIM models, and project schedules and transform it into actionable insights. By enabling rapid and precise conversion into Building Information Modeling (BIM), it empowers construction teams to proactively identify potential issues, streamline workflows, and achieve significant time and cost savings.

Observance delivers hyper-accurate as-built 3D models enriched with thermal maps, enabling faster resolution of BIM conflicts, real-time construction updates, and early identification of structural defects. The platform can scan up to 100,000 square feet of construction area in an hour and generate comprehensive analytics, as-built models, defect reports, and schedule updates within 24-48 hours.

Inkers claims that its product has already been deployed across over 150 sites in Bangalore, NCR, Kolkata, Chennai, and Hyderabad, scanning over 250 million square feet of construction area and processing more than 2 petabytes of data.