Proptech startup BuildNext, founded by IIM Bangalore graduates Gopikrishnan V and Finaz Naha, has raised $3.5 million in its pre-Series A funding round. The funding round was led by Madhumala Ventures, a subsidiary of Pidilite Industries and saw participation from Konglo Ventures, Vineet Kumar (CEO, Native) and Deep Gupta (FatEngine). The Kerala-based startup was incorporated in 2015.