+
Ahmedabad-based developer Jaxay Shah invests in Aris Infra
Real Estate

Ahmedabad-based developer Jaxay Shah invests in Aris Infra

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.

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.

Next Story
Infrastructure Energy

Reliable Energy Storage Vital for 24/7 Renewable Power: TKIL

Reliable, scalable, and efficient energy storage systems are essential to ensuring uninterrupted renewable energy supply, said engineering firm TKIL Industries at the India Energy Storage Week (IESW) 2025.India aims to achieve 500 GW of renewable energy capacity within the next five years.Speaking at IESW, organised by the India Energy Storage Alliance (IESA), Vivek Bhatia, Managing Director and CEO of TKIL Industries, emphasised that the country’s energy sector is experiencing a major transformation. This shift is being driven by innovations in storage technology, aimed at improving grid re..

Next Story
Infrastructure Energy

IIT Madras, Hyundai Launch £17m Hydrogen Research Centre

The Indian Institute of Technology Madras (IIT Madras) and Hyundai Motor India Ltd (HMIL) have announced the establishment of the Hyundai HTWO Innovation Centre, a cutting-edge hydrogen research facility set to begin operations by 2026.The Rs 180 crore (approx. £17 million or USD 21.5 million) project will be located at IIT Madras' Discovery Campus in Thaiyur, near Chennai. Of the total, Rs 100 crore (approx. £9.4 million) has been committed by HMIL and its philanthropic arm, Hyundai Motor India Foundation (HMIF), with support from the Government of Tamil Nadu and its investment promotion ag..

Next Story
Infrastructure Energy

India’s Hydrogen Demand to Hit 8.8 MTPA by 2032: IESA Report

India’s hydrogen demand is projected to grow at a compound annual growth rate (CAGR) of 3 per cent, reaching 8.8 million tonnes per annum (MTPA) by 2032, according to a report released by the India Energy Storage Alliance (IESA).Unveiled on the first day of the India Energy Storage Week (IESW) 2025, the report points out a gap between ambitious project announcements and actual progress. While green hydrogen (GH₂) projects totalling 9.2 MTPA have been announced, only a limited number have reached Final Investment Decision (FID) or secured long-term domestic or international offtake agreemen..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?