About ASBL
ASBL is a Real Estate & Construction company based in Hyderabad (India) founded in 2015 by Ajitesh Korupolu and Anil Kumar Thota. Luxury buildings are developed by ASBL in Hyderabad, India. The company has 300 employees. Its chief executive, as recorded, is Ajitesh Korupolu. Its website asbl.in draws about 267 thousand monthly visits. Its Indian entity Asbl Private Limited reported revenue of ₹818 Cr. ASBL offers products and services including Landmark, Spectra, Springs, and Loft. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers, Residential and Luxury. Its competitors include Lodha Group, Oberoi Realty and DLF India; 1 of its 3 listed competitors has raised funding.
Company details
ASBL was established in 2015 in Hyderabad, India, within the real estate sector. Luxury buildings are developed, encompassing residential and commercial projects. Operations are conducted in urban Indian locations, with services covering site acquisition, design, construction, and management. Co-founders Ajitesh Korupolu, serving as CEO, and Anil Kumar Thota, as director, oversee activities. Focus remains on high-end property development amid regional growth.
- Headquarters Hyderabad, India
- Employees 300
- Founders Ajitesh Korupolu, Anil Kumar Thota
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Real Estate
- Website asbl.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ashoka Builders India Private Limited
- Date of Incorporation 06 Feb, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹818 Cr
FY 2024 · +250% YoY
- Net Profit₹48.52 Cr
FY 2024 · 6% margin
- EBITDA₹164 Cr
FY 2024 · 19% margin
- Latest Funding Round$549.99K (USD), Grant
Jan 2021
- Investors
- Employee Count300
Associated legal entities of ASBL
ASBL operates through Asbl Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asbl Private Limited CIN U45200TG2015PTC097583 | Active | 06 Feb 2015 | Hyderabad, Telangana | ₹818 Cr | 300 | 4 | View details |
Products & Services of ASBL
ASBL offers a comprehensive portfolio of products and services, including Landmark, Spectra, Springs, and Loft.
Offers 3, 3.5 and 4 BHK homes in Kukatpally
Provides 3BHK residences in Gachibowli
Features 2 and 3BHK units in Pocharam
Includes 3BHK options in Gachibowli
Apps and channels of ASBL
its YouTube channel ASBL India has 29.6K subscribers and 30 videos.
Videos from ASBL
The most watched videos on ASBL's YouTube channel, ASBL India (29.6K subscribers). Click a video to play it here.
More on ASBL India.
Funding Insights of ASBL
- Total Rounds 14
- Last Round Grant — $549,985
- First Round $115,128
(Jun 2015)
- Investors Count 1
Latest 10 of 14 funding rounds of ASBL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $549,985 | Grant | – | – | |
| Sep 2019 | $261,047 | Grant | – | – | |
| May 2019 | $115,154 | Grant | – | – | |
| Dec 2018 | $197,375 | Grant | – | – | |
| Oct 2018 | $187,040 | Grant | – | – | |
| Sep 2018 | $203,640 | Grant | – | – | |
| Oct 2017 | $170,744 | Grant | – | – | |
| Jun 2017 | $511,611 | Grant | – | – | |
| May 2017 | $258,797 | Grant | – | – | |
| Feb 2017 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in ASBL
ASBL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for ASBL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Asbl Private Limited (ASBL)
Asbl Private Limited is the primary company behind ASBL. The board of Asbl Private Limited currently have 3 directors; the longest-serving is Nikitha Korupolu, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikitha Korupolu DIN 07088578 | Director | 06 Feb 2015 | 11 yrs 8 mo | Asbl Private Limited |
| Ajitesh Korupolu DIN 03167082 | Director | 06 Feb 2015 | 11 yrs 8 mo | Asbl Private Limited |
| Anil Kumar Thota DIN 07764406 | Director | 20 Mar 2017 | 9 yrs 7 mo | Asbl Private Limited |
People of ASBL
6 people are tracked at ASBL (4 in leadership, 2 in team); the tracked headcount is 300.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Director | Leadership | |
Arun Madnani | Vice President - People & Culture | Leadership |
Ashutosh Shrivastava | Head Of Product And Strategy | Leadership |
Gaurav Singh Chandel | Product Designer | Team |
Utkarsh Sharma | Product Manager | Team |
Complete people profiles for ASBL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of ASBL
Figures of Asbl Private Limited, the primary company behind ASBL, for FY 2024. Revenue was ₹818 Cr (+250% year on year). Net profit was ₹48.52 Cr (6% margin). EBITDA was ₹164 Cr (19% margin).
- ₹818 CrRevenue · FY 2024 · +250% YoY
- ₹48.52 CrNet profit · 6% margin
- ₹164 CrEBITDA · 19% margin
- ₹5.30 CrPaid-up capital
- 300Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Asbl Private Limited are on its company page.
Detailed financial statements for ASBL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ASBL
3 dated milestones of ASBL across 6 years, from founding to its latest funding, stage changes and deals.
- Founded ASBL is founded.
- Funding First funding round of $115K.
- Funding Latest funding round, Grant, of $550K.
Competitors of ASBL
ASBL has 3 listed competitors in our database, 1 of them funded. They include Lodha Group, Oberoi Realty and DLF India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| oberoirealty.com | 1980 | Mumbai, India | $152.4M | 942 | Premium residential building development services are provided. | |
| dlf.in | 1947 | Gurugram, India | 132 | Provider of property and real estate development services |
Detailed competitors of ASBL
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of ASBL
The website of ASBL (asbl.in) receives about 267.5K visits a month and ranks #111,800 among all websites worldwide, #2,893 in Real Estate.
- Monthly visits267.5K
▼ 52.9% vs previous month
- Unique visitors335.4K
per month
- Global rank#111,800
among all websites
- Category rank#2,893
Business and Consumer Services · Real Estate
- Bounce rate68%
- Pages per visit1.6
- Average visit1 min 01 sec
- DevicesDesktop 7% · Mobile 93%
Websites whose visitors overlap most with ASBL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 99acres.com | 100% | 20.5M | View details | ||
| thevasavigroup.com | 96% | 14.5K | #1,168,205 | View details | |
| honerhomes.com | 95% | 113.5K | #387,203 | View details | |
| housewise.in | 94% | 16.1K | #1,572,926 | View details | |
urbanrisetheworldofjoy.in | urbanrisetheworldofjoy.in | 94% | #9,678,809 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for ASBL
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as ASBL (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 |
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Related news about Asbl
Complete news archive for ASBL
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Frequently Asked Questions about ASBL
ASBL was founded in 2015.
ASBL is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ajitesh Korupolu is the CEO of ASBL, as recorded in our data. They have also founded this company.
ASBL has 300 employees.
The primary company behind ASBL, Asbl Private Limited, reported revenue of ₹818 Cr for FY 2024, up 250% year on year.
ASBL was established in 2015 in Hyderabad, India, within the real estate sector. Luxury buildings are developed, encompassing residential and commercial projects. Operations are conducted in urban Indian locations, with services covering site acquisition, design, construction, and management. Co-founders Ajitesh Korupolu, serving as CEO, and Anil Kumar Thota, as director, oversee activities. Focus remains on high-end property development amid regional growth.
ASBL's top competitors include Oberoi Realty, DLF India and Lodha Group.
ASBL offers Landmark, Spectra, Springs, and Loft.
ASBL has 1 investor. Key investors include European Union.
ASBL operates through Asbl Private Limited.
The legal entities of ASBL currently have 4 directors, including Anil Kumar Thota, Nikitha Korupolu, Ajitesh Korupolu and others.
The website of ASBL receives about 267 thousand visits a month and ranks #111,800 among all websites worldwide.