Press Release - "Justo RealFintech Limited (JUSTO)"
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Justo Realfintech has acquihired Pune-based real estate sales and execution platform Hustlewin, which was founded in 2022 and has a track record of 1,000+ flats sold and ₹900+ crore in cumulative sales value. As part of the deal, 25 of Hustlewin's sales, marketing and execution professionals will join Justo, and Justo will take over execution of four ongoing Pune residential projects. Hustlewin's CEO Pushpendra Rathore joins Justo as Market Head – Pune & Emerging Markets. The integration is expected to add ₹20+ crore in annual revenue starting FY27, with the incremental mandate portfolio adding ₹800–1,000 crore in annualised business potential on top of Justo's existing ~₹2,000 crore business volume.
Forward-looking positive for revenue and Pune market position, but the ₹20+ crore annual revenue addition only starts from FY27, so near-term financials remain unchanged. Signals confidence in inorganic, mandate-led growth and continued expansion focus on Mumbai and Pune.