Proptech firm Blox to buy controlling stake in Justo for Rs 350 crore

Dated on: Monday 16th October 2023

Blox, an AI-powered proptech company, is in the final stages of acquiring a controlling stake in Justo, a mandate brokerage firm with a strong presence in Maharashtra. The deal is valued at ?350 crore and is expected to be completed using a combination of cash and stock, according to individuals with direct knowledge of the matter.