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Driven by an experienced management team, Modulex is a UK-based ConstrucTech business delivering 'Modular Buildings 2.O'

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Our proprietary technology is a Modern Method of Construction, which entails the construction of 3D volumetric steel modular buildings.

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Join us on the path to positively transforming the construction industry in frontier economies with emerging technologies.

Learn More long-text

Driven by an experienced management team, Modulex is a UK-based ConstrucTech business delivering 'Modular Buildings 2.O'

Learn More long-text

Our proprietary technology is a Modern Method of Construction, which entails the construction of 3D volumetric steel modular buildings.

Learn More long-text

Join us on the path to positively transforming the construction industry in frontier economies with emerging technologies.

Learn More long-text

Our sphere of expertise

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Modulex is a leading ConstrucTech Company, harnessing emerging technologies like Artificial Intelligence, Blockchain & Internet of Things (IoT) to meet the burgeoning housing and infrastructure needs at a pace and with optimal cost efficiency.

Modulex is an incubation promoted by Red Ribbon Asset Management Plc, a Mainstream Impact Investing company, which intends to take disruptive construction technology to emerging and growth markets where there is an urgent need for infrastructure such as healthcare, offices, and affordable housing.

OUR TEAM

We are led by a senior and experienced management team who is passionate about creating a futuristic ConstrucTech business by delivering the full potential of "Modular Buildings 2.O"

Suchit

Suchit Punnose, Chairman

With over 22 years of experience in investments, real estate, and ventures across India and the UK, Suchit is the founder and CEO of Red Ribbon Asset Management. Under the leadership and direction of Suchit, all Red Ribbon projects are committed to the three pillars of sustainability – Planet, People, and Profit. Each company within the group aims to deliver measurable social and environmental impact and above market-rate returns for investors.

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Richard Ogden, Strategic Advisor

With over 50+ years of experience in the construction industry. Richard is passionate about change and bringing this important industry into the 21st century using manufacturing processes and smart construction to deliver measurable change. Amongst other high-profile appointments, Richard has been the former Chairman of Buildoffsite.

Ajay-Modulex

Ajay Palekar, Chief Operating Officer

Ajay has over 38 years of working experience in manufacturing, logistics and supply chain management. He has successfully managed clients, export markets and general administration. He is passionate about delivering change with cutting-edge technology, now with a keen focus on building a new-age ConstrucTech company, Modulex.

Our Values

Our company's foundation is built on our values, which distinguish us and guide our actions. We conduct our business in a socially responsible and ethical manner. We respect the law, support universal human rights, protect the environment and benefit the communities where we work.

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Protect Resources

We place the highest priority on the health and safety of our workforce and the protection of our assets, communities, and the environment. We deliver world-class performance with a focus on preventing high-consequence incidents.

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Integrity and Trust

We are honest with ourselves and others and honour our commitments. We trust, respect, and support each other. We earn the trust of our colleagues and partners by operating with the highest ethical standards in all we do.

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Partnership

We build trusting and mutually beneficial relationships by collaborating with our communities, governments, customers, suppliers, and other business partners. We are most successful when our partners succeed with us.

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High Performance

We are passionate about delivering results and strive to improve continually. We apply proven processes in a fit-for-purpose manner and always look for innovative and comprehensive agile solutions.

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Diversity and Inclusion

We respect and learn from the cultures in which we operate. We have an inclusive work environment that values the uniqueness and diversity of individual talents, experiences, and ideas.

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