About Adarsh Developers
Adarsh Developers is a company based in Bengaluru (India) founded in 1988 by B M Karunesh and B M Jayeshankar. Adarsh Developers operates in a competitive market with competitors including Godrej Properties, Vingroup, Lendlease, DLF India and Sun Hung Kai Properties, among others.
- Headquarter Bengaluru, India
- Founders B M Karunesh, B M Jayeshankar
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Sectors
Real Estate & Construction
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$42.6 M (USD)218as on Mar 31, 2023
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Net Profit
$19.36 M (USD)232as on Mar 31, 2023
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EBITDA
$27.94 M (USD)1985as on Mar 31, 2023
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Latest Funding Round
$181.47 M (USD), Debt – Conventional
Feb 07, 2019
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Investors
Piramal Group
& 4 more
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Employee Count
Employee Count
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People of Adarsh Developers
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Funding Insights of Adarsh Developers
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $181.5M
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First Round
First Round
(30 Nov 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Debt – Conventional - Adarsh Developers | Valuation |
investors |
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| Nov, 2016 | Amount | Debt – Conventional - Adarsh Developers | Valuation |
investors |
Investors in Adarsh Developers
Adarsh Developers has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Piramal Group, JM Financial and Kotak Realty Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Fund management and investment services focused on real estate and domestic strategies in India.
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Founded Year | Domain | Location | |
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Manages a real estate fund focused on asset companies.
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Founded Year | Domain | Location | |
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Real estate investment management firm
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Founded Year | Domain | Location |
Investments & Acquisitions by Adarsh Developers
Financial Statements - Adarsh Developers
Adarsh Developers Comparisons
Competitors of Adarsh Developers
Adarsh Developers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Godrej Properties, Vingroup, Lendlease, DLF India and Sun Hung Kai Properties, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential and commercial properties are developed by Godrej Properties.
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| domain | founded_year | HQ Location |
Real estate development and management services are offered by Vingroup.
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| domain | founded_year | HQ Location |
Sustainable project development and maintenance services are provided worldwide.
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| domain | founded_year | HQ Location |
Provider of property and real estate development services
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| domain | founded_year | HQ Location |
Real estate properties are developed and managed in Hong Kong.
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| domain | founded_year | HQ Location |
Residential and commercial properties are developed and managed across regions.
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Frequently Asked Questions about Adarsh Developers
Adarsh Developers was founded in 1988 and raised its 1st funding round 28 years after it was founded.
Adarsh Developers is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annual revenue of Adarsh Developers is $42.6M as on Mar 31, 2023.
Adarsh Developers was established in 1988 in Bengaluru, India, within the real estate sector. Residential, commercial, and hospitality properties are developed by the company, with operations centered on property construction and management. The firm was co-founded by B M Karunesh and B M Jayeshankar, the latter of whom serves as Managing Director. Focus remains on urban development projects in the region.
Adarsh Developers's top competitors include Godrej Properties, Marcus& Millichap and Vingroup.
Adarsh Developers has 5 investors. Key investors include Piramal Group, JM Financial, Kotak Realty Fund, HDFC Property Fund, and Piramal Fund Management.