Arbour Investments has announced a strategic investment in Justo Realfintech, acquiring a significant stake valued at $7 million. The investment comprises $5 million in equity and $2 million in debt, aimed at enhancing Arbour’s presence in the mid-market real estate sector.
Justo, a key player in the real estate market founded by Pushpamitra Das, has demonstrated growth and established itself as a prominent service provider for mid-market developers. The partnership will enable Arbour to integrate Justo’s expertise and expand its service offerings. This collaboration is expected to boost Arbour’s technology capabilities, market positioning, and client base.
Chirag Mehta, Founder of Arbour Investments, noted that this investment is a step towards diversifying their portfolio and strengthening their market position. The partnership will provide Arbour with access to Justo’s established client base and enhance project monitoring capabilities.
Justo will benefit from Arbour’s financial resources and strategic support, positioning it for accelerated growth. Pushpamitra Das, Founder & Director of Justo, expressed enthusiasm about the partnership, emphasizing its potential to drive growth and market expansion.
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RMB Capital India, part of the FirstRand Group, acted as the advisor for Arbour Investments in this transaction. The partnership will also see Chirag Mehta and Priyesh Chheda, founders of Arbour Investments, join Justo’s Board of Directors, reflecting their commitment to fostering growth and collaboration between the two firms.
