Aris Infra Revolutionizes Construction Procurement with Groundbreaking Platform
Newzdaddy Business Updates
In a significant leap forward for the construction industry, Aris Infra, a cutting-edge technology platform, has launched its innovative solution aimed at simplifying procurement and purchase processes in the building and construction sector. This national rollout from Ahmedabad promises to transform the industry by addressing the challenges associated with unreliable supply chains.
Solving Procurement Challenges
Aris Infra’s platform provides a one-stop solution for the sourcing and purchase of construction materials such as steel, cement, aggregates, and concrete. This is a game-changer in an industry where supply chain reliability has been a persistent issue. By streamlining the procurement process, stakeholders can now enjoy a remarkable reduction in turnaround time, up to 70%, leading to substantial time and cost savings.
Aris Infra emerged from a simple yet powerful idea – ‘Construction is tough, but procurement does not have to be.’ Co-founders Ronak Morbia and Bhavik Khara transformed this business problem into a solution powered by AI and data science. Their groundbreaking technology puts the material ordering process on autopilot, eliminating hassles and improving efficiency.
Industry Response and Co-founder Statements
Ronak Morbia and Bhavik Khara express their excitement about the remarkable response from industry partners. They highlight the unique features of their platform and the positive impact it is expected to have on the construction sector.
Jaxay Shah, Founder & CMD, Savvy Group, and Co-promoter of Aris Infra, acknowledges the groundbreaking nature of Aris’s one-stop digital platform. He emphasizes the necessity for such innovation given the rapid growth of the construction sector in India.
Aris Infra’s mission extends beyond procurement simplification; it aims to digitize the entire supply chain within the construction industry. Starting with the way building materials are ordered, the platform harnesses technology’s power to provide a materials marketplace, making it easier for users to access a comprehensive range of construction materials.
Impressive Achievements in Three Years
In just three years, Aris Infra has made a significant impact, touching over 2,000 projects, moving six million tonnes of materials, and achieving revenue exceeding Rs. 1,600 crore. The platform’s success has positioned it as a key player in the construction technology landscape.
Aris Infra sets its sights on becoming India’s largest infra-tech platform. The platform offers on-platform credit options, collaborating with leading banking partners to provide users access to formal credit and assist in managing cash flow. This financial inclusion aspect adds another layer to Aris Infra’s transformative impact.
Srinivasan Gopalan, Co-founder of Aris Infra, emphasizes the significance of the national rollout. He highlights that Aris Infra is not just a proof of concept but a live company that operates profitably. The team is confident that the national rollout will further solidify their impact on transforming the Indian construction industry.
Real-world Impact
With over 1,000 live projects and the capacity to handle 400+ truckloads of materials daily, Aris Infra is making a tangible difference in procurement and purchase processes for the construction industry. The platform’s ability to operate profitably while impacting thousands of projects showcases its effectiveness in real-world scenarios.
Aris Infra’s national rollout marks a transformative moment in the construction industry, offering a tech-driven solution to long-standing procurement challenges. The platform’s success, achievements, and ambitious mission position it as a key player in reshaping how the construction sector operates. As Aris Infra continues to revolutionize procurement, the industry can expect a new era of efficiency, reliability, and cost-effectiveness.
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