About Bestech Group
Bestech Group is a company based in Gurugram (India) founded in 1990 by Sunil Satija. Bestech Group has raised $39.45 million across 6 funding rounds from investors including Reliance Industries, Aashrit Capital Limited and Spb Propcon. The company has 163 employees as of October 31, 2024. Bestech Group operates in a competitive market with competitors including Godrej Properties, Vingroup, Lendlease, DLF India and Sun Hung Kai Properties, among others.
- Headquarter Gurugram, India
- Employees 163 as on 31 Oct, 2024
- Founders Sunil Satija
- Stage Minicorn
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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
$44.14 M (USD)-64as on Mar 31, 2024
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Net Profit
$2.81 M (USD)-50as on Mar 31, 2024
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EBITDA
$9.11 M (USD)-24as on Mar 31, 2024
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Total Equity Funding
$39.45 M (USD)
in 6 rounds
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Latest Funding Round
$7.06 M (USD), Unspecified
Oct 14, 2019
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Investors
Reliance Industries
& 13 more
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Employee Count
163
as on Oct 31, 2024
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Funding Insights of Bestech Group
Bestech Group has successfully raised a total of $39.45M across 6 strategic funding rounds. The most recent funding activity was a Unspecified round of $7.06 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Unspecified — $7.1M
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First Round
First Round
(31 Mar 2006)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Unspecified - Bestech Group | Valuation | Reliance Industries |
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| Jun, 2015 | Amount | Debt – Conventional - Bestech Group | Valuation |
investors |
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| Mar, 2012 | Amount | Unspecified - Bestech Group | Valuation | Aashritcapital |
Investors in Bestech Group
Bestech Group has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Reliance Industries, Aashrit Capital Limited and Spb Propcon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location | |
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Financial services involving investments and loans in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bestech Group
Financial Statements - Bestech Group
Bestech Group Comparisons
Competitors of Bestech Group
Bestech Group 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 Bestech Group
Bestech Group was founded in 1990 and raised its 1st funding round 16 years after it was founded.
Bestech Group is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Dharmendra Bhandari is the current CEO of Bestech Group.
Bestech Group is a funded company, having raised a total of $39.45M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $12.32M, raised on Mar 31, 2006.
As of Oct 31, 2024, the latest employee count at Bestech Group is 163.
Annual revenue of Bestech Group is $44.14M as on Mar 31, 2024.
Bestech Group was founded in 1990 in Gurugram, India, where residential and commercial properties are developed. Operations are centered in the real estate sector, with projects encompassing various property types for urban use. Services are provided across development phases, from planning to construction. The company is led by Co-Founder Sunil Satija and CEO Dharmendra Bhandari, with activities based primarily in northern India.
Bestech Group's top competitors include Godrej Properties, Marcus& Millichap and Vingroup.
Bestech Group has 14 investors. Key investors include Reliance Industries, Aashrit Capital Limited, Spb Propcon, Leisurebuildcon, and Sdtourandtravels.
The valuation of Bestech Group is $379.17M as of Oct 2019.