
ArisInfra Solutions
Like us there are none.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | N/A | $57.9m | IPO |
Total Funding | 000k |
ArisInfra Solutions, established in 2021 by co-founders Ronak Morbia and Bhavik Khara, operates as a business-to-business technology platform for procuring construction materials. The Mumbai-based company aims to digitize and streamline the traditionally fragmented and inefficient procurement process within the construction and infrastructure sectors. Morbia serves as the Chairman & Managing Director, while Khara, an alumnus of Rutgers Business School with a background in tax accounting and the construction materials industry, is the Whole-Time Director & CFO. The company's leadership also includes CEO Srinivasan Gopalan, who brings over 13 years of management experience from the real estate and chemical procurement sectors.
The firm's business model is asset-light, meaning it does not own manufacturing plants, warehouses, or logistics fleets. Instead, it functions as a digital intermediary, connecting real estate developers and infrastructure contractors with a vast network of material suppliers. Revenue is generated by sourcing materials from vendors and facilitating their sale to customers. The platform offers a comprehensive catalog of materials, including steel, cement, aggregates, ready-mix concrete (RMC), and walling solutions. By leveraging technology such as AI and machine learning, ArisInfra provides competitive pricing, real-time data, and efficient document management, which significantly reduces project turnaround times. Between its inception and March 2024, the company successfully delivered 10.35 million metric tonnes of materials to over 2,100 customers.
ArisInfra has demonstrated significant growth, backed by a total funding of $25.3 million over four rounds. The company recently filed for an Initial Public Offering (IPO) to raise further capital for debt repayment, working capital, and investment in its subsidiaries. One of its subsidiaries, ArisUnitern Re Solutions, provides value-added services such as advisory, marketing, and sales support to real estate developers. The company serves a notable client base that includes major industry players like Capacit'e Infraprojects, J Kumar Infraprojects, and Afcons Infrastructure.
Keywords: construction material procurement, B2B marketplace, real estate technology, infrastructure supply chain, digital procurement, construction logistics, asset-light business model, building materials platform, steel procurement, cement supply, aggregate sourcing, ready-mix concrete, construction finance, proptech, infratech, vendor management, supply chain digitization, construction project management, Ronak Morbia, Bhavik Khara
Investments by ArisInfra Solutions
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