In a transformative move that aims to bridge the demand and supply gap within India's booming construction industry, Neevay, a groundbreaking platform, has emerged as a game-changer for builders, contractors, architects, and material suppliers alike. Founded in Jan 2022, Neevay has quickly risen to prominence, reshaping the landscape of the Indian construction sector.
After an illustrious 15-year career working with Fortune 200 technology companies, Hanish Raheja's entrepreneurial spirit led him to establish Neevay with the vision of transforming the construction industry in India for the better. A graduate of the prestigious Executive MBA joint program offered by IIT Bombay and Washington University in St. Louis, Hanish brought to the table a unique blend of business acumen and technical expertise.
Joining hands with two like-minded friends, Siddharth Vasudevan Moorthy and Kaizad Engineer, the trio formed the nucleus of a venture in 2021 that sought to consolidate and organise the fragmented construction industry. Their collective passion for bringing about change was reflected in the creation of Neevay, a technology-driven platform designed to simplify the complexities of construction.
The foundation of Neevay was further strengthened by an illustrious Board of Directors, comprising individuals with over a century of combined construction experience, 16 years of technology prowess, and an additional 16 years of branding expertise. This strategic amalgamation of talents laid the groundwork for Tathaatvam Technology Solutions Pvt Ltd, the parent company of Neevay, which was established in January 2022.
With an unwavering commitment to refining their offering, the Technology and Branding associates of Neevay invested significant efforts to develop and fine-tune the platform. By August 2022, Neevay proudly launched its Minimal Viable Product (MVP), garnering early traction and gaining a foothold in the construction market.
In a matter of just two months, Neevay achieved a milestone by securing its first 100 businesses onboard. By May 2023, the platform had surpassed all expectations by successfully onboarding over 7000 construction-related businesses, ranging from contractors, material suppliers, architects, and consultants, to labour contractors. The speed at which Neevay gained popularity among industry stakeholders was remarkable and counting 12000 and more businesses onboard till date.
The turning point for Neevay arrived in June 2023 when the platform introduced its fully featured portal. By then, it had already forged solid partnerships with more than 40 real estate developers in the bustling cities of Pune and Mumbai. The Neevay portal facilitated over 4000 connection requests and generated a plethora of valuable business leads, effectively proving its efficacy in simplifying interactions within the construction ecosystem.
What sets Neevay apart is its unwavering focus on its core mission: organizing the vast information within the fast-growing construction industry and making it easily accessible to all. By streamlining communication, fostering collaborations, and providing relevant insights, Neevay is empowering businesses of all sizes to thrive in a dynamic and highly competitive marketplace.
Neevay's innovative approach has not only earned it accolades from industry insiders but has also garnered the attention of investors, seeking to support a venture with the potential to revolutionize the construction sector in India.
As Neevay continues to scale new heights, Hanish Raheja and his co-founders along with Board Members are living examples of how determination, vision, and the right team can transform an ambitious idea into a thriving reality. With its user-friendly platform, robust technology, and commitment to progress, Neevay is poised to shape the future of India's construction industry, propelling it towards unparalleled growth and efficiency.
In a world where digital disruption is the norm, Neevay stands as a beacon of change, illuminating the path towards a more organized, connected, and prosperous construction landscape in India.
For more information visit: https://neevay.com/
