India’s B2B e-commerce platform JSW One Platforms Restricted has introduced the acquisition of proptech agency BuildNext Development Options Personal Restricted because it appears to be like to strengthen its presence within the nation’s rising house building and renovation market.

The deal is aimed toward increasing JSW One’s home-building arm, JSW One Properties, by including design, execution and challenge administration capabilities to its current supplies procurement and provide chain providers.

This is able to enable it to higher serve particular person house builders, contractors, architects and householders by way of a extra built-in providing, the corporate stated.

As a part of the transaction, Pidilite Ventures Pvt. Ltd. will switch its shareholding in BuildNext to JSW One by way of a share-swap association at a mutually agreed valuation, topic to closing situations.

Pidilite Ventures will proceed to take part in BuildNext’s progress and has accepted an extra funding of as much as Rs 22 crore.

The mixture of its distribution community, provide chain power and embedded credit score providers with BuildNext’s experience in design and challenge administration would assist ship a extra streamlined home-building expertise, JSW One stated.

Gaurav Sachdeva, Joint Managing Director & CEO, JSW One Platforms, stated, “At JSW One, we’re dedicated to constructing an built-in, technology-led platform that solves real-world inefficiencies throughout industries. Residence building in India stays extremely fragmented, and prospects typically face challenges round coordination, visibility, and belief.”

“With JSW One Properties, we’re constructing a platform that brings collectively supplies, design, and execution in a seamless method. The addition of BuildNext strengthens this imaginative and prescient meaningfully, enabling us to ship a extra predictable and organised home-building expertise at scale,” he stated.

“With this funding, we additionally welcome Pidilite to the cap desk of JSW One and are excited to associate with them in constructing JSW One,” he added.

Sanket Parekh, Director, Pidilite Ventures Personal Restricted, added, “BuildNext has developed robust capabilities within the house design and challenge administration house. We see important potential in combining these capabilities with JSW One’s built-in platform, provide chain power, and distribution attain.”

“We’re assured that this partnership will assist unlock long-term worth whereas delivering a extra streamlined and dependable expertise for patrons,” he added.

Based in 2015 and based mostly in Kochi, BuildNext gives technology-enabled house building and inside design providers, together with digital reality-enabled expertise centres. It reported a 33% year-on-year rise in income to Rs 18.38 crore in FY25, with a loss after tax of Rs 9.11 crore.