About ASBL
ASBL is a company based in Hyderabad (India) founded in 2015 by Ajitesh Korupolu and Anil Kumar Thota.. The company has 300 employees as of November 27, 2024. ASBL offers products and services including Landmark, Spectra, Springs, and Loft. ASBL operates in a competitive market with competitors including Lodha Group, Oberoi Realty, DLF India, Isprava and Shriram Properties, among others.
- Headquarter Hyderabad, India
- Employees 300 as on 27 Nov, 2024
- Founders Ajitesh Korupolu, Anil Kumar Thota
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Ashoka Builders India Private Limited
- Date of Incorporation 06 Feb, 2015
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$102.46 M (USD)249.71as on Mar 31, 2024
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Net Profit
$5.67 M (USD)513.76as on Mar 31, 2024
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EBITDA
$19.19 M (USD)141.76as on Mar 31, 2024
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Latest Funding Round
$549.99 K (USD), Grant
Jan 01, 2021
- Investors
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Employee Count
300
as on Nov 27, 2024
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Products & Services of ASBL
ASBL offers a comprehensive portfolio of products and services, including Landmark, Spectra, Springs, and Loft. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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Product Management Team
3 people
Human Resources and Administration
1 people
Leadership Team
1 people
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Funding Insights of ASBL
- Total Funding Total Funding
- Total Rounds 14
- Last Round Grant — $549,985
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First Round
First Round
(01 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Grant - ASBL | Valuation |
investors |
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| Sep, 2019 | Amount | Grant - ASBL | Valuation |
investors |
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| May, 2019 | Amount | Grant - ASBL | 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 ASBL
ASBL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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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 ASBL
| 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 - ASBL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Asbl Comparisons
Competitors of ASBL
ASBL 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 Lodha Group, Oberoi Realty, DLF India, Isprava and Shriram 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 |
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| domain | founded_year | HQ Location |
Developer of residential and commercial real estate properties
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| domain | founded_year | HQ Location |
Premium residential building development services are provided.
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Provider of property and real estate development services
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| domain | founded_year | HQ Location |
Developer of luxury residential properties
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| domain | founded_year | HQ Location |
Residential properties are developed in mid-market and affordable segments.
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| domain | founded_year | HQ Location |
Commercial and residential real estate development services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Asbl
Frequently Asked Questions about ASBL
When was ASBL founded?
ASBL was founded in 2015.
Where is ASBL located?
ASBL is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of ASBL?
Ajitesh Korupolu is the current CEO of ASBL. They have also founded this company.
How many employees does ASBL have?
As of Nov 27, 2024, the latest employee count at ASBL is 300.
What is the annual revenue of ASBL?
Annual revenue of ASBL is $102.46M as on Mar 31, 2024.
What does ASBL do?
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.
Who are the top competitors of ASBL?
ASBL's top competitors include Isprava, Oberoi Realty and Nagarjuna Construction Company.
What products or services does ASBL offer?
ASBL offers Landmark, Spectra, Springs, and Loft.
Who are ASBL's investors?
ASBL has 1 investor. Key investors include European Union.