IIT Madras graduates' hostel idea grows into over 1,500 foldable buildings

Modulus Housing, founded by IIT Madras graduates, focuses on manufacturing foldable buildings for quick assembly and transportation. Since 2018, it has provided over 1,500 modular structures across India and parts of Africa. The startup aims to improve access to essential infrastructure like schools and clinics, especially in rural areas. Recently, it raised ₹70 crore in funding to support further expansion and innovation.