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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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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adarsh Developers
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adarsh Developers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adarsh Developers
Frequently Asked Questions about Adarsh Developers
When was Adarsh Developers founded?
Adarsh Developers was founded in 1988 and raised its 1st funding round 28 years after it was founded.
Where is Adarsh Developers located?
Adarsh Developers is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What is the annual revenue of Adarsh Developers?
Annual revenue of Adarsh Developers is $42.6M as on Mar 31, 2023.
What does Adarsh Developers do?
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.
Who are the top competitors of Adarsh Developers?
Adarsh Developers's top competitors include Godrej Properties, Marcus& Millichap and Vingroup.
Who are Adarsh Developers's investors?
Adarsh Developers has 5 investors. Key investors include Piramal Group, JM Financial, Kotak Realty Fund, HDFC Property Fund, and Piramal Fund Management.