Address Maker Secures Rs 200 Cr Strategic Funding Partnership with AI Growth (Jiraaf) to Boost Expansion

Address Maker, a leading Bangalore-based real estate developer, has entered a strategic financing partnership with AI Growth, the holding company of Jiraaf, to accelerate its ongoing and upcoming growth plans. Under the agreement, AI Growth, through its affiliate entities, will provide a rolling capital framework of Rs 200 crore to support Address Maker in land acquisition and aggregation, JDA opportunities, and project-related funding, enabling faster decisions on high-potential, time-sensitive deals.

The collaboration combines Address Maker’s strong execution track record and timely delivery with AI Growth’s disciplined capital deployment and structured financing approach, strengthening the developer’s ability to scale its portfolio in Bengaluru’s competitive real estate market.

Khushru Jijina of Address Maker commented, “We are delighted to partner with a Group that is aligned with our philosophy of disciplined and responsible growth. Address Maker has delivered 6.7 million sq. ft. across residential apartments, villas, commercial spaces, and plotted developments in Bangalore, with an additional 5.2 million sq. ft. in the pipeline. This partnership gives us the financial agility to accelerate our next phase of growth in Bangalore and marks an important step as we plan to expand in new markets like Mumbai.”

Vineet Aggarwal, Co-founder of Jiraaf, said, “We are excited to work with Address Maker, a developer that stands out for its transparency, professionalism, and execution strength. While Jiraaf continues to operate strictly within its regulated framework as a SEBI-registered Online Bond Platform, it is encouraging to see our holding company and its affiliates extend structured capital solutions to high-quality partners such as Address Maker.”