ArisInfra, a B2B platform in construction and infrastructure materials based out of Mumbai acquires a significant stake in Unitern Advisors, a real estate solution provider. The stake purchase has been a combination of stock and cash. The association aims to provide end-to-end operational solutions to all the stakeholders in the real estate industry.
Speaking on this association, Ronak Morbia, Co-Founder of Aris Infra, said, “We are thrilled to make Strategic Investments in Unitern Advisors as they are not only experts in the construction industry , but also understand the nuances of the South India market. With the strength of our platform and tie-ups across India with the top players; and Unitern’s ability to stitch in innovative and practical solutions to the RE industry; our combined platform will bring in seamless digital solutions to problems of this industry."
Upon the strategic announcement, Navin Dhanuka, CEO and MD of ArisUnitern, said, “This new Avatar is an important step in Unitern becoming a complete enterprise solution provider, with the might of Aris’ digital platform, within the Real Estate industry. We are thrilled to announce that all our services hereafter will be carried out under the ArisUnitern platform. Along with our existing services, we now offer Aris’ proprietary single window digital solution for Material sourcing and credit to our clients.