Faizal and Shabana's KEF Infra goes global, joins hands with Katerra
Menlo Park, June 21: Katerra, a technology company revolutionizing the design and construction industries, and KEF Infra, an offsite manufacturing technology specialist, announced a merger today that will jointly expand their geographic reach, manufacturing capacity, and market expertise. Known as KEF Katerra, it will operate in the India and the Middle East markets.
Both companies employ a vertically integrated model, offering end-to-end building services enhanced by offsite manufacturing and enterprise technology. In addition to addressing housing needs, KEF Katerra will be actively engaged in building critical infrastructure such as hospitals and schools.
Founded in 2014, KEF Infra utilizes robotics and automation in its advanced manufacturing operations to deliver high quality building projects more quickly and efficiently. The industry-leading expert in factory made products such as pre-cast concrete, prefabricated bathroom pods, joinery and furniture and aluminum and glazing facades for the Indian and Middle East markets, KEF Infra has 1,400 employees and factories in Krishnagiri, Tamil Nadu and Lucknow, Uttar Pradesh in India. With the merger, Katerra will bring world-class pre-cast concrete technologies to the U.S. market, greatly expanding design and materials options for U.S. clients. At the same time, the merger will result in a more robust global supply chain and elevated manufacturing processes in existing KEF markets.
Katerra employs more than 2,000 people with operational factories in Greater Phoenix, Arizona and Shanghai, China, as well as two more U.S. factories in development. After the merger, there will be 20 offices worldwide and 3,400 employees.
“We are thrilled to merge with KEF Infra, a company that is truly a disruptor,” said Michael Marks, chairman and co-founder of Katerra. “It’s incredible to discover a team so aligned with our values and vision.”
“I am very excited by the prospects of this strategic alliance,” said Faizal Kottikollon, founder and chairman of KEF Infra. “We look forward to breaking new ground with such a like-minded team.”
About Katerra
Katerra is a technology company optimizing every aspect of building development, design and construction. With leaders from the most groundbreaking technology, design, manufacturing and construction companies, Katerra transforms how buildings and spaces come to life. Founded in 2015, Katerra has a growing number of domestic and international offices, factories and building projects. For more information, visit www.katerra.com.
About KEF Infra
KEF Infrastructure India Pvt. Ltd. or KEF Infra, a wholly owned entity of KEF Holdings PTE, was founded in India in 2014 by successful entrepreneurs Faizal Kottikollon and Shabana Faizal, who wanted to bring state-of-the-art infrastructure creation to India. The company is a technology-driven building manufacturing company that is dedicated to transforming the way that buildings and basic services are created and delivered in India by revolutionizing production, using world-class technology.
Courtesy: businesswire.com
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DC beat PBKS by three wickets, keep playoff hopes alive
Dharamsala (PTI): Half-centuries from skipper Axar Patel and David Miller powered Delhi Capitals to a thrilling three-wicket win over Punjab Kings and kept their slim playoff hopes alive in the Indian Premier League here on Monday.
Sent in to bat, Priyansh Arya (56 off 33) and Prabhsimran Singh (18) shared 78 runs off 41 balls for the opening wicket for PBKS.
After their departure, Shreyas Iyer (59 not out off 36 balls) and Cooper Connolly (38 off 27) took responsibility to carry the innings forward as PBKS posted 210 for five.
In reply, DC slipped to 74 for four but Axar (56) and Miller (51) resurrected the chase, while Ashutosh Sharma and Madhav Tiwari completed the task, scoring 216 for seven in 19 overs.
Mitchell Starc (2/57) and Madhav (2/40) picked up two wickets each for DC.
For PBKS, Arshdeep Singh (2/21), Ben Dwarshuis (1/51) and Marcus Stoinis (1/44) were among the wicket-takers.
Brief Scores:
Punjab Kings: 210 for 5 in 20 overs (Shreyas Iyer 59 not out, Priyansh Arya 56; Madhav Tiawai 2/40).
Delhi Capitals: 219 for 7 in 19 overs (Axar Patel 56, David Miller 51; Arshdeep Singh 2/21)
