INCOR

Hyderabad, India Founded: 2006 • Age: 20 yrs Minicorn
Residential, commercial, healthcare real estate, and hospitality are developed.
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About INCOR

INCOR is a Real Estate & Construction company based in Hyderabad (India) founded in 2006. Residential, commercial, healthcare real estate, and hospitality are developed. INCOR has raised $259.5 million across 4 funding rounds from investors including Investec, Brookfield Asset Management and Srinivasan N. INCOR was last valued at $7.41 million in November 2010. Its chief executive, as recorded, is Surya Pulagam. Its Indian entity Incor Infrastructure Private Limited reported revenue of ₹8.21 Cr. INCOR offers products and services including OMNI Hospitals, Boston Living, and Giggles. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Lodha Group, Godrej Properties and DLF India.

Company details

INCOR was founded in 2006 in Hyderabad, India, as a developer in the real estate and hospitality sectors. Properties are developed and operated across residential, commercial, and healthcare areas, including hospitals and related facilities. Hospitality operations cover co-living spaces, restaurants, and senior living options. An incubation arm is maintained to support emerging ventures in these fields.

  • Headquarters Hyderabad, India
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website incor.in
  • Social LinkedIn
  • Legal Name Incor Infrastructure Pvt. Ltd.
  • Date of Incorporation 17 Nov, 2005
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Real Estate & Construction → Real Estate Developers & Builders
Key Metrics
  • Annual Revenue
    ₹8.21 Cr

    FY 2024 · +12% YoY

  • Net Loss
    -₹41.58 Cr

    FY 2024 · -10% margin

  • EBITDA
    ₹4.03 Cr

    FY 2024 · 1% margin

  • Total Equity Funding
    $259.5M (USD)

    in 4 rounds

  • Latest Funding Round
    $20.49M (USD), Series D

    Apr 2022

  • Investors
    Investec

    & 7 more

Products & Services of INCOR

INCOR offers a comprehensive portfolio of products and services, including OMNI Hospitals, Boston Living, and Giggles.

OMNI Hospitals
Healthcare Services

Provides affordable medical facilities with multiple specialties.

Boston Living
Co-living Spaces

Offers furnished accommodations with amenities for residents.

Giggles
Healthcare Services

Delivers specialized health services for mothers and children.

Funding Insights of INCOR

INCOR has successfully raised a total of $259.5M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $20.49 million completed in April 2022. 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 $259.5M
  • Total Rounds 4
  • Last Round Series D — $20.49M
  • First Round $4.46M

    (Nov 2010)

  • Investors Count 8

All 4 funding rounds of INCOR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$20.49MSeries D–Investec
–
Nov 2021$134.55MSeries D–Brookfield Asset Management
–
Jul 2018$100MSeries C–Brookfield Asset Management
–
Nov 2010$4.46MSeries A$7.41MHanrej Software Solutions
Srinivasan N, - B
Valuation history
DateValuationStage
Nov 2010$7.41M••••••••

Last known valuation $7.41M (Nov 2010). 8 investors in total: 3 institutional and 5 angel.

Investors in INCOR

INCOR has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Investec, Brookfield Asset Management and Srinivasan N.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Brookfield Asset Management
Focus is placed on real estate and renewable energy investments.
1899brookfield.comToronto, Canada
Investec
Global banking, investment, and wealth management services are offered worldwide.
1974investec.comLondon, United Kingdom
Hanrej Software Solutions
Website maintenance and software services are provided to clients.
Hyderabad, India

Srinivasan N

unknown_585aa50701494e87b

- B

unknown_92b1ed9145c34a7db

Narsi P Reddy

unknown_44f4d34c1d344d95b

Srinivas V

unknown_2ea345b0b82344f28

P Satyanarayana Reddy

unknown_60a25a4c2e2d44b68
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Investor details for INCOR

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Verified entity values are shown only after access is granted.

Board of directors of Incor Infrastructure Private Limited (INCOR)

Incor Infrastructure Private Limited is the primary company behind INCOR. The boards of the 6 registered companies of INCOR currently have 12 directors; the longest-serving is Suryanarayana Reddy Pulagam, appointed in 2005. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Suryanarayana Reddy Pulagam
DIN 00768424
Director17 Nov 200520 yrs 11 moIncor Infrastructure Private Limited, Incor Healthcare Private Limited, Indis Appa Projects Private Limited
Srinivas Metla
DIN 07799451
Director21 May 20188 yrs 5 moIndis Appa Projects Private Limited
Sharadha Reddy Gummadi
DIN 08128150
Designated Partner24 May 20188 yrs 5 moVb City Llp
Gummadi Anand Reddy
DIN 01258218
Designated Partner24 May 20188 yrs 5 moVb City Llp
Jaganmohan Reddy Soma
DIN 03377302
Partner28 Sep 20188 yrs 1 moVb City Llp
Deepa Reddy Gummadi
DIN 08500320
Designated Partner04 Jul 20197 yrs 4 moMlr Homes Llp
Divya Reddy
DIN 07087319
Designated Partner04 Jul 20197 yrs 4 moMlr Homes Llp
Swetha Dabbi
DIN 01751415
Partner04 Jul 20197 yrs 4 moMlr Homes Llp
Prudhvi Raj Kumar Reddy
DIN 05125351
Designated Partner09 Jul 20215 yrs 4 moCrowd Street Property Llp
Srinivasa Reddy Kovvuri
DIN 07822936
Director28 Feb 20224 yrs 8 moIncor Healthcare Private Limited
Shrihari Pulagam
DIN 08549530
Director01 Jun 20224 yrs 5 moIncor Infrastructure Private Limited, Incor Healthcare Private Limited
Gunturi Sasi Sekhar
DIN 09850202
Designated Partner05 Jun 20233 yrs 5 moCrowd Street Property Llp

People of INCOR

12 people are tracked at INCOR (10 in leadership, 2 in team).

NameRoleGroup
Surya Pulagam
CEO & MDLeadership
Anandhapadmanaban R.
Senior Vice PresidentLeadership
Sonam Sharma
Vice President - MarketingLeadership
Sree Venkatavenu Babu
Vice PresidentLeadership
Srinivas Vinti
Vice PresidentLeadership
Gaurav Kasliwal
Vice President - FinanceLeadership
Aditya Surneni
Vice PresidentLeadership
Srinivas Vemuluru
Vice PresidentLeadership
Mohd Owais Safdar
Head Of MarketingLeadership
Abdullah Saleem
Group Chief Information OfficerLeadership
Ashok Reddy
Assistant Manager PpcTeam
Karthik Sambhandham
VC InvestmentsTeam
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Complete people profiles for INCOR

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Financials of INCOR

Figures of Incor Infrastructure Private Limited, the primary company behind INCOR, for FY 2024. Revenue was ₹8.21 Cr (+12% year on year). Net loss was -₹41.58 Cr (-10% margin). EBITDA was ₹4.03 Cr (1% margin). Revenue has grown at a compounded annual rate of +15% over three years and +8% over five years.

  • ₹8.21 CrRevenue · FY 2024 · +12% YoY
  • -₹41.58 CrNet loss · -10% margin
  • ₹4.03 CrEBITDA · 1% margin
  • ₹10.24 CrPaid-up capital
  • 14Employees (provident fund records)
  • +15%Revenue CAGR, 3 years
  • +8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Incor Infrastructure Private Limited are on its company page.

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Detailed financial statements for INCOR

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of INCOR

4 dated milestones of INCOR across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded INCOR is founded.
  2. Funding First funding round of $4.5M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series D, of $20.5M.

Competitors of INCOR

INCOR has 3 listed competitors in our database. They include Lodha Group, Godrej Properties and DLF India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Lodha Group
lodhagroup.com1980Mumbai, India4,846
Developer of residential and commercial real estate properties
Godrej Properties
godrejproperties.com1990Mumbai, India408
Residential and commercial properties are developed by Godrej Properties.
DLF India
dlf.in1947Gurugram, India132
Provider of property and real estate development services
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Detailed competitors of INCOR

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Verified entity values are shown only after access is granted.

Web traffic of INCOR

The website of INCOR (incor.in) receives about 5K visits a month.

  • Monthly visits
    5K

    ▲ 5.3% vs previous month

Top companies in Real Estate Developers & Builders

3 companies that operate in the same segment as INCOR (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Isprava
Developer of luxury residential properties
1992Mumbai, Maharashtra, IndiaUSD 158.42 MUSD 55.39 M1,046
Godrej Properties
Residential and commercial properties are developed by Godrej Properties.
1990Mumbai, Maharashtra, IndiaUSD 546.88 M6,030
Oberoi Realty
Premium residential building development services are provided.
1980Mumbai, Maharashtra, IndiaUSD 152.4 MUSD 658.36 M1,322
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Frequently Asked Questions about INCOR

INCOR was founded in 2006 and raised its 1st funding round 4 years after it was founded.

INCOR is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Surya Pulagam is the CEO of INCOR, as recorded in our data.

INCOR is a funded company, having raised a total of $259.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.46M, raised on Nov 2010.

The primary company behind INCOR, Incor Infrastructure Private Limited, reported revenue of ₹8.21 Cr for FY 2024, up 12% year on year.

INCOR was founded in 2006 in Hyderabad, India, as a developer in the real estate and hospitality sectors. Properties are developed and operated across residential, commercial, and healthcare areas, including hospitals and related facilities. Hospitality operations cover co-living spaces, restaurants, and senior living options. An incubation arm is maintained to support emerging ventures in these fields.

INCOR's top competitors include Godrej Properties, DLF India and Lodha Group.

INCOR offers OMNI Hospitals, Boston Living, and Giggles.

INCOR has 8 investors. Key investors include Investec, Brookfield Asset Management, Srinivasan N, - B, and Narsi P Reddy.

The valuation of INCOR is $7.41M as of Nov 2010.

INCOR is associated with 6 legal entities: Incor Infrastructure Private Limited, Vb City Llp, Mlr Homes Llp and others.

The legal entities of INCOR currently have 13 directors, including Sharadha Reddy Gummadi, Gummadi Anand Reddy, Jaganmohan Reddy Soma and others.

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