What is KOLO?
KOLO is a one stop platform for home building. This means that while building a house, a person will have many needs, such as ideas, designs, communication with professionals, purchasing materials, etc. KOLO is the platform that helps with all these things. The company calls this process Content to Quomas. People go into purchasing a home after doing a lot of research and watching videos before they even build it. KOLO works on this concept. There are two types of users. The first category consists of a group of professionals, architects, contractors and people involved in house construction. The second is those who are interested in building and renovating their homes. KOLO provides an opportunity to view photos and videos shared by these architects and discuss ideas. They can promote their products and services to more people through KOLO.
Technical aspects of KOLO?
KOLO is an Android app that can be installed through Playstore. More than 10 lakh people have currently installed the app. The KOLO founding team consists of people who have worked in leading technology companies. KOLO works with software like AWS and Google.
The KOLO team
KOLO has a team of 34 people in total. It has 4 co-founders. KOLO started with the cumulative experience of people who have worked together with GoJek, a Southeast Asian food delivery company.
Clients
All home construction related firms, architect contractors, services, material companies and brands can work with KOLO. KOLO is one of the largest platforms in the home construction industry in Kerala.
Funding
KOLO, which was started a year ago in Kerala, is running parallely in 4 other states. More than 10 lakh users are part of the platform. It has twice raised funds. US$ 5,500 was raised in the first phase and US$ 4 million later. RTP global and better capital are the main investors.