Magicrete Building Solutions
Pritul Jain is a Senior Analyst at India SME Investments since October 2021, specializing in deal sourcing, investment evaluation, financial modeling, due diligence, documentation, monitoring, and exit strategies. In addition, Pritul serves as an Investment Analyst at LokSuvidha Finance Limited from May 2023 and holds the role of Board Observer for Magicrete Building Solutions since February 2023. Pritul Jain earned a Bachelor of Financial Markets degree from H.R. College of Commerce and Economics (2018-2021) and completed the Finplus Program in Finance at Finnacle Investment Academy (March 2021 - September 2021).
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Magicrete Building Solutions
Magicrete is India’s frontline producer of AAC Products, Drymix Mortars & Precast Construction Solutions, which has turned a new overleaf in the construction industry. It was found in 2008 by a young and dynamic team comprising alumni of IIT Kharagpur, IIT Delhi & IIM Lucknow. A pioneer in green building materials, its vision is to help people build their homes Better Cheaper & Faster by using innovative construction technologies. Magicrete has been a flag-bearer of modern construction technology over the last decade and has touched the lives of more than a million people by being used in more than 10,00,000 homes. Magicrete has many awards to its credit “Most Promising Brand Award 2019 (building material)” by Global Real Estate Congress, “Most Preferred Brand 2018” (blocks/bricks) by ET Now, “Start-up of the year 2015” nomination by Forbes, “Entrepreneur of the year 2015” by Tiecon and many more. Recently, Magicrete won the Global Housing Technology Challenge organized by the Ministry of Housing & Urban Affairs. It had to build 1000 houses in Ranchi in a span of one year with 3D Modular Technology. Magicrete is all set to boost the ‘Housing for All’ mission with its products being used in affordable housing projects across the country and making the coming years brighter for both Urban & Rural homeowners in India.