Ahmedabad-based developer Jaxay Shah invests in Aris Infra

08 Jan 2024 CW Team

Aris Infra facilitates developers by providing price quotes from an extensive network of suppliers, a departure from the conventional practice of seeking quotes from a limited pool. Over the course of three years, the platform has successfully contributed to more than 2,000 projects, handling six million tonnes of materials and generating revenue exceeding Rs 16 billion.

Jaxay Shah, Founder and CMD of Savvy Group, and Co-promoter of Aris Infra, highlighted the platform's significance for small-scale material suppliers. It acts as a gateway, enabling them to connect with prominent developers who were previously beyond their reach due to limited means or resources. Shah emphasised the platform's timeliness, particularly given the burgeoning growth of the construction sector in India. He noted that small developers would also benefit by gaining access to a wider array of suppliers.

Ronak Morbia, co-founder of Aris Infra, praised the platform's innovation, describing it as a comprehensive solution in an industry grappling with unreliable supply chains. Aris Infra offers a single-stop platform for sourcing and purchasing various construction materials, ranging from steel and cement to aggregates and concrete.

Srinivasan Gopalan, Co-Founder of Aris Infra, revealed plans for national market expansion, emphasising the role of technology in streamlining the procurement process. Thanks to technological advancements, the platform has remarkably reduced the procurement order period from 15 days to a mere 7 minutes, addressing a critical need in the industry.

Ahmedabad-based developer Jaxay Shah has recently acquired a substantial stake in Aris Infra, a technology platform revolutionising construction processes by transforming procurement and purchasing within the building and construction industry. The exact size of the deal remains undisclosed. Currently operating in approximately 30 cities, Aris Infra has ambitious plans for further expansion. Aris Infra facilitates developers by providing price quotes from an extensive network of suppliers, a departure from the conventional practice of seeking quotes from a limited pool. Over the course of three years, the platform has successfully contributed to more than 2,000 projects, handling six million tonnes of materials and generating revenue exceeding Rs 16 billion. Jaxay Shah, Founder and CMD of Savvy Group, and Co-promoter of Aris Infra, highlighted the platform's significance for small-scale material suppliers. It acts as a gateway, enabling them to connect with prominent developers who were previously beyond their reach due to limited means or resources. Shah emphasised the platform's timeliness, particularly given the burgeoning growth of the construction sector in India. He noted that small developers would also benefit by gaining access to a wider array of suppliers. Ronak Morbia, co-founder of Aris Infra, praised the platform's innovation, describing it as a comprehensive solution in an industry grappling with unreliable supply chains. Aris Infra offers a single-stop platform for sourcing and purchasing various construction materials, ranging from steel and cement to aggregates and concrete. Srinivasan Gopalan, Co-Founder of Aris Infra, revealed plans for national market expansion, emphasising the role of technology in streamlining the procurement process. Thanks to technological advancements, the platform has remarkably reduced the procurement order period from 15 days to a mere 7 minutes, addressing a critical need in the industry.

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