McCoy Mart Targets 50K Construction Professionals Community by FY 2024-25
McCoy Mart, a procurement platform for construction professionals (builders & contractors, fabricators, turnkey architects and interior professionals) specializing in construction and building materials, announces its expansion plans and projections for the fiscal year 2024-2025. McCoy Mart is known for serving builders, developers, contractors, architects, and interior designers under one platform. The platform has more than 25,000 construction professionals already on board and is set to expand its network to over 50,000 by FY 24 – 25, doubling its community of construction professionals.
“By growing the community to 50,000-plus professionals on our platform, we aim to provide construction professionals an ease of access to all trusted brands of construction materials. This will make McCoy Mart the go-to platform for those in the industry for all their construction material needs. As we expand, the focus remains on bridging the digital gap, adding convenience in procuring construction materials, and making the entire process more seamless, ensuring better outcomes for all our users,” said Amit Malhotra, Founder and CEO, McCoy Mart.
Despite the growth, the building products continues to face challenges like fragmented supply chains, limited digital integration, and inconsistent product availability at different locations. McCoy Mart is addressing these challenges by digitizing the procurement process. It offers a mix of material procurement and lead-generation services for construction professionals.
“At McCoy Mart, we’re addressing these issues by simplifying the construction material procurement and making this process faster for construction professionals through our digital solutions. We are confident that by leveraging technology, we can enable more and more construction professionals to easily source materials, and hire experts quickly and with ease,” said Rahul Sahani, Co-Founder and COO, McCoy Mart.
Founded in 2019 by Amit Malhotra, a Harvard Business School alumnus with over 30 years of industry experience and Rahul Sahani, a tech expert with 18 years of experience, including his tenure at Ex Quilo, which was later acquired by PeopleStrong. McCoy Group exited their 50% shareholding in McCoy Soudal, an Indo-Belgium JV in 2022.
