Xofy Tech, the parent company of DMET Club, MarineX, and AviationX, has secured an investment from Yugen Infra, a leading real estate and infrastructure giant, at a valuation of Rs 90 crore. This 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.
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 revolutionise 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.”
