Justo Realfintech Ltd has acquired Hustle-Win to strengthen Pune operations, projecting over ₹700 million in annual revenue from FY27. This strategic buy enhances Justo's real estate mandate portfolio, leveraging tech-driven sales in high-growth markets amid robust FY25 financials of ₹81.64 crore revenue.
Justo Realfintech Ltd, a leading proptech player in real estate mandates, has acquired Hustle-Win to amplify its Pune footprint. The deal targets adding upwards of ₹700 million (₹70 crore+) in annual revenue starting FY27, building on Justo's dominance in Pune, Mumbai, and Nashik with mandates exceeding ₹4,500 crore GDV.
Strategic Acquisition Highlights:
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Bolsters end-to-end sales services including digital demand, channel networks, and booking tech for residential/commercial projects.
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Aligns with FY25 growth: revenue up to ₹81.64 crore, PAT at ₹15.21 crore from prior ₹59.45 crore.
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Expands active portfolio of 37+ projects covering 3,559+ units, post-IPO momentum with ₹63 crore raise.
This move replicates Justo's 50%+ mandate growth, fueled by repeat clients and tech platforms, positioning it for 3x portfolio expansion amid Pune's booming demand.
Sources: Justo.co.in, ScanX Trade, Groww.in, Economic Times.