Yugen Infra Backs Xofy's AI-Led Growth in Maritime, Aviation Sectors

24 Mar 2025 CW Team

With this funding, Xofy Tech is set to drive innovation and expansion across multiple domains. The company aims to strengthen DMET Club by enhancing alumni engagement, career networking, and industry collaborations, establishing it as the premier digital hub for marine engineers. It will also advance AI-powered solutions through MarineX and AviationX, providing industry intelligence and networking opportunities in the maritime and aviation sectors.

Additionally, Xofy Tech will deepen its collaboration with the DMET-MERI Ex-Cadets Association (DMECA) to enhance alumni connectivity and industry linkages using cutting-edge technology. In partnership with Yugen Infra, the company will introduce exclusive real estate solutions, offering preferential rates on premium housing and infrastructure for its maritime, aviation, and tech communities. Furthermore, Xofy Tech plans to accelerate its SME IPO strategy by leveraging this investment to scale AI-powered platforms, expand technological capabilities, and drive profitability, positioning itself for a successful IPO by 2028.

On this development, Sheeshram Yadav, Founder of Yugen Infra, stated, “We are excited to partner with Xofy Tech in redefining digital networking and professional growth for maritime and aviation professionals. Our exclusive real estate solutions provide these communities with unparalleled housing and commercial opportunities, ensuring sustainable growth and industry excellence.”

While shedding further light on the investment deal, Prateek Khanna, Founder of Xofy Tech, remarked, “This investment is a powerful endorsement of our vision to revolutionize digital networking and industry-focused platforms. With Yugen Infra’s support, we are scaling DMET Club, MarineX, and AviationX, while fortifying our path toward an SME IPO by 2028. Our commitment to DMECA remains unwavering as we harness technology to amplify alumni engagement and industry collaboration.”

This collaboration marks a significant milestone in Xofy Tech’s journey, reinforcing its commitment to digital innovation and industry transformation with AI-powered solutions. With Yugen Infra’s strategic investment, Xofy Tech is poised to drive unprecedented advancements in the maritime and aviation sectors while building a robust foundation for future growth.

Xofy Tech, the parent company of DMET Club, MarineX, and AviationX, has secured a major investment from Yugen Infra, a leading real estate and infrastructure giant, at a valuation of Rs 900 million. This strategic investment will accelerate Xofy Tech’s AI-driven transformation in the maritime and aviation industries while laying the foundation for an SME IPO by 2028 as part of its aggressive expansion strategy. With this funding, Xofy Tech is set to drive innovation and expansion across multiple domains. The company aims to strengthen DMET Club by enhancing alumni engagement, career networking, and industry collaborations, establishing it as the premier digital hub for marine engineers. It will also advance AI-powered solutions through MarineX and AviationX, providing industry intelligence and networking opportunities in the maritime and aviation sectors. Additionally, Xofy Tech will deepen its collaboration with the DMET-MERI Ex-Cadets Association (DMECA) to enhance alumni connectivity and industry linkages using cutting-edge technology. In partnership with Yugen Infra, the company will introduce exclusive real estate solutions, offering preferential rates on premium housing and infrastructure for its maritime, aviation, and tech communities. Furthermore, Xofy Tech plans to accelerate its SME IPO strategy by leveraging this investment to scale AI-powered platforms, expand technological capabilities, and drive profitability, positioning itself for a successful IPO by 2028. On this development, Sheeshram Yadav, Founder of Yugen Infra, stated, “We are excited to partner with Xofy Tech in redefining digital networking and professional growth for maritime and aviation professionals. Our exclusive real estate solutions provide these communities with unparalleled housing and commercial opportunities, ensuring sustainable growth and industry excellence.” While shedding further light on the investment deal, Prateek Khanna, Founder of Xofy Tech, remarked, “This investment is a powerful endorsement of our vision to revolutionize digital networking and industry-focused platforms. With Yugen Infra’s support, we are scaling DMET Club, MarineX, and AviationX, while fortifying our path toward an SME IPO by 2028. Our commitment to DMECA remains unwavering as we harness technology to amplify alumni engagement and industry collaboration.” This collaboration marks a significant milestone in Xofy Tech’s journey, reinforcing its commitment to digital innovation and industry transformation with AI-powered solutions. With Yugen Infra’s strategic investment, Xofy Tech is poised to drive unprecedented advancements in the maritime and aviation sectors while building a robust foundation for future growth.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..