Arbour Investments, India’s leading real estate investment firm, has partnered with a significant stake in Justo, a leading mandate player in the real estate market. This strategic investment of stake, involving a total of $7 million ($5 million in equity and $2 million in debt), is set to create significant synergies, enhance service offerings, and strengthen Arbour’s market presence, particularly in the mid-market developer segment.
Justo, known for its robust market presence and rapidly growing client base, has established itself as a leading player in the real estate industry. Founded by Pushpamitra Das, Justo has consistently demonstrated excellence in providing services to mid-market developers. The founder's experience and reputation in the industry have been pivotal in driving the company's success, making it a valuable addition to Arbour’s portfolio. The stake in Justo will enable Arbour Investments to expand its service offerings by integrating Justo’s specialized expertise in the mid-ticket size property segment. The synergy between the two companies will also enhance Arbour’s technology capabilities, market positioning, and client base expansion.
Chirag Mehta, Founder of Arbour Investments stated, “This stake is a testament to our commitment to expanding our service offerings and strengthening our position in the real estate investment market. Justo's expertise and market presence provide us with an unparalleled opportunity to diversify our portfolio and enhance the value we deliver to our clients. We are confident that this partnership will drive significant growth and innovation in the sector.”
Also, would like to mention the significant role played by RMB Capital India (part of FirstRand Group) who acted as the advisor to Arbour Investments for the transaction.
For Arbour Investments, this strategic move is to deepen its market penetration, particularly in the mid-market developer space. The partnership will allow Arbour to access Justo's established client base and enhance its continuous project monitoring capabilities, thereby increasing efficiency and customer satisfaction.
On the other hand, Justo stands to gain significantly from this partnership. With access to Arbour’s extensive financial resources, enhanced credibility, and strategic support, Justo is poised to accelerate its growth trajectory.
Pushpamitra Das, Founder & Director of Justo Realfintech added, “We are thrilled to partner with Arbour Investments, a firm that shares our vision for growth and innovation in the real estate sector. With Arbour's financial backing and strategic insights, we are poised to accelerate our growth trajectory, expand our market presence, and continue delivering exceptional value to our clients.”
The partnership is further strengthened by industry veterans Sanjay Gaitonde and Mahavir Mehta, who are key stakeholders of Arbour Investments. Their involvement adds credibility and reinforces the strategic direction of the company.
As part of this strategic partnership, Chirag Mehta and Priyesh Chheda, founders at Arbour Investments, have been appointed to the Board of Directors at Justo. Their appointment underscores the commitment to fostering collaboration and driving mutual growth between the two companies.
