New Delhi, Sep 6 (PTI) Construction tech startup Project Hero has raised USD 3.2 million (about Rs 25.5 crore) in a funding round led by Ankur Capital and Omidyar Network India to expand business.

The seed funding round also saw the participation from investors such as Titan Capital.

Also Read | Redmi A1 With MediaTek Helio A22 Processor Now Official in India.

The company will use the funds to scale up its technology, on-board more talent on the platform, and expand their market presence, the company said in a statement.

Project Hero allows contractors to hire and manage construction workers of various trades like bar bending, shuttering, masons, painters, etc, in a reliable and cost-effective way.

Also Read | Realme C33 With Dual Rear Cameras Debuts in India; First Sale on September 12, 2022.

Construction workers join Project Hero to get direct access to high paying jobs, trainings and other financial products.

Currently, Project Hero has more than 4 lakh construction workers on their platform and have placed over 3,000 workers to projects.

*** Ministries of coal and mines organise 2-day conference on mining * The two-day conference on mining, which started on Tuesday, will draw up effective strategies to further encourage mineral exploration in the country and also evaluate the effectiveness of recent policy in the mining sector.

It is being jointly organised by ministries of coal and mines in Hyderabad.

Deliberations on effective utilisation of National Mineral Exploration Trust (NMET) funds by the state governments would also be done during the conference, the mines ministry said in a statement.

*** Quiklyz offers customised leasing, subscription solutions for electric 2,3-wheelers * Vehicle leasing and subscription business of Mahindra Group -- Quiklyz -- said on Tuesday it will now offer customised leasing and subscription solutions for electric three and four wheelers to its partners.

Quiklyz has financed over 1,000 electric vehicles over the last 12 months, including passenger vehicles and three-wheelers. With this, the company is aiming to broaden its EV portfolio in India to boost its offerings in the logistics and the last mile mobility space, it said.

The company said it has leased EVs across both Tier-1 and Tier-2 cities. It currently has one of the largest portfolios of these vehicles and has provided electric four-wheelers across OEMs besides partnering with more than 15 electric last mile mobility delivery companies.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)