ArisInfra, a B2B platform in construction and infrastructure materials based out of Mumbai, acquired a significant stake in Unitern Advisors, a Bengaluru based e2e Real Estate solution provider in the Real estate industry.
The stake purchase has been a combination of Stock & Cash. The association aims to provide end to end operational solutions to all the stakeholders in the Real Estate Industry.
In line with this investment, ArisUnitern will provide advisory services, working capital solutions, access to construction materials at a single click in a seamless manner bringing the full power of Aris & Unitern on a combined platform, jointly aiming at a turnover of INR 1500 Cr in the next six months.
Speaking on this association, Ronak Morbia, Co-Founder of Aris Infra, said, “We are thrilled to make Strategic Investments in Unitern Advisors as they are not only experts in the construction industry , but also understand the nuances of the South India market. With the strength of our platform and tie-ups across India with the top players; and Unitern’s ability to stitch in innovative and practical solutions to the RE industry; our combined platform will bring in seamless digital solutions to problems of this industry.”
Upon the strategic announcement, Navin Dhanuka, CEO & MD of ArisUnitern, said, “This new Avatar is an important step in Unitern becoming a complete enterprise solution provider, with the might of Aris’ digital platform, within the Real Estate industry. We are thrilled to announce that all our services hereafter will be carried out under the ArisUnitern platform. Along with our existing services, we now offer Aris’ proprietary single window digital solution for Material sourcing and credit to our clients.
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