Yugen Infra Invests in Xofy Tech at Rs 900 million Valuation

25 Mar 2025 CW Team

Xofy Tech, the parent company of DMET Club, MarineX, and AviationX, has secured investment from Yugen Infra at a Rs 900 million valuation. The funding will accelerate AI-driven innovations and support its plan for an SME IPO by 2028.

The investment will enhance DMET Club’s alumni engagement and networking, while MarineX and AviationX will advance AI-powered industry solutions. Xofy Tech will also collaborate with the DMET-MERI Ex-Cadets Association to strengthen alumni and industry connections. Additionally, the company, in partnership with Yugen Infra, plans to introduce exclusive real estate solutions for maritime, aviation, and tech professionals.

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.”

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.

Infrastructure Urban

30 May 2026

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..

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..

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..