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 Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->