About Indu Group
Indu Group is a Real Estate & Construction company based in Hyderabad (India) founded in 2001. Energy infrastructure projects and real estate services are developed. Indu Group has raised $155.17 million across 5 funding rounds from investors including Citi, Credit Suisse and Lodestar Investment Holdings. The company has 19 employees. Indu Group was last valued at $147.78 million in March 2008. Its chief executive, as recorded, is Manharlal Mehta. Its Indian entity Indu Projects Limited reported revenue of ₹142 Cr. Indu Group offers products and services including Energy Services and Infrastructure Services. 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
Indu Group was founded in 2001 and is headquartered in Hyderabad, India. Operations focus on the infrastructure and real estate sectors, where design, construction, and management services are provided for projects including roads, railways, irrigation systems, power plants, coal mining, solar energy installations, residential buildings, IT parks, and hospitality facilities. Sustainable solutions are delivered to meet societal and economic requirements across these areas.
- Headquarters Hyderabad, India
- Employees 19
- Stage Minicorn
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website induprojects.com
- Social LinkedIn
- Legal Name Indu Projects Limited
- Date of Incorporation 07 Dec, 2001
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹142 Cr
FY 2024 · +935% YoY
- Net Profit₹123 Cr
FY 2024 · 87% margin
- EBITDA₹126 Cr
FY 2024 · 89% margin
- Total Equity Funding$155.17M (USD)
in 5 rounds
- Latest Funding Round$77M (USD), Series C
Aug 2008
- InvestorsCiti
& 16 more
- Employee Count19
Associated legal entities of Indu Group
Indu Group is associated with 3 registered companies on The Company Check; the primary company is Indu Projects Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indu Projects Limited CIN U45200TG2001PLC038175 | Active | 07 Dec 2001 | Hyderabad, Telangana | ₹142 Cr | 19 | 3 | View details |
| Pannchavati Avenues Private Limited CIN U70102TG2005PTC048176 | Active | 24 Nov 2005 | Hyderabad, Telangana | 4 | View details | ||
| Indu Mineral Exploration (India) Private Limited CIN U26900TG2008PTC058444 | Amalgamated | 31 Mar 2008 | Hyderabad, Telangana | 3 | View details |
Products & Services of Indu Group
Indu Group offers a comprehensive portfolio of products and services, including Energy Services and Infrastructure Services.
Provides power transmission and renewable energy projects
Offers building for roads, railways, and industrial structures
Funding Insights of Indu Group
Indu Group has successfully raised a total of $155.17M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $77 million completed in August 2008. 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 $155.17M
- Total Rounds 5
- Last Round Series C — $77M
- First Round $6.18M
(Apr 2006)
- Investors Count 17
All 5 funding rounds of Indu Group 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 |
|---|---|---|---|---|---|
| Aug 2008 | $77M | Series C | – | Credit Suisse | |
| Mar 2008 | $12.7M | Series B | $147.78M | Citi | |
| Oct 2007 | $25.43M | Series B | – | – | – |
| Dec 2006 | $33.86M | Series B | $97.63M | Citi | |
| Apr 2006 | $6.18M | Series A | $••••• | Maple Holdings |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2008 | $147.78M | •••••••• |
| Dec 2006 | $97.63M | •••••••• |
| Apr 2006 | $••••• | •••••••• |
Full valuation and stage history of Indu Group
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $147.78M (Mar 2008). 17 investors in total: 5 institutional and 12 angel.
Investors in Indu Group
Indu Group has secured backing from 17 investors, including institutional and angel investors. Prominent investors backing the company include Citi, Credit Suisse and Lodestar Investment Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Gold and chromite exploration and development services are provided. | lodestarholdings.com.ph | Mandaluyong, Philippines | ||
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States | |
| growthpartnerhipcoinvestmenttrust.tcc.mode | ||||
| mapleholdings.tcc.mode | ||||
SR Srinivasa Rao VN | unknown_0c6cc52127d14c2ca | |||
SB Subash Bejugam | unknown_527abdb6a85541538 | |||
SP Sr Pillai | unknown_173f6dc1636345bd9 | |||
GS G Shrawan Kumar | unknown_11fb3d1a4d5948d58 | |||
JN Jacob Nixon Geddam | unknown_7a78a60fb8f34d2a9 |
Investor details for Indu Group
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Board of directors of Indu Projects Limited (Indu Group)
Indu Projects Limited is the primary company behind Indu Group. The boards of the 3 registered companies of Indu Group currently have 10 directors; the longest-serving is Syam Prasad Indukuri Reddy, appointed in 2013. 38 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Syam Prasad Indukuri Reddy DIN 00019717 | Director | 16 Jan 2013 | 13 yrs 9 mo | Pannchavati Avenues Private Limited |
| Mar Reddy Basani DIN 02194350 | Director | 20 Aug 2014 | 12 yrs 2 mo | Pannchavati Avenues Private Limited |
| Dayakar Indukuri Reddy DIN 01341849 | Director | 20 Aug 2014 | 12 yrs 2 mo | Pannchavati Avenues Private Limited |
| Jyothi Badwelu DIN 01725910 | Director | 01 Mar 2024 | 2 yrs 7 mo | Indu Projects Limited |
| Venkateswara Reddy Chennuru DIN 00021568 | Director | 01 Mar 2024 | 2 yrs 7 mo | Indu Projects Limited |
| Subba Reddy Badwelu DIN 01592729 | Director | 01 Mar 2024 | 2 yrs 7 mo | Indu Projects Limited |
| Raghava Rao Damarla DIN 00016092 | Director | 09 Mar 2024 | 2 yrs 7 mo | Indu Mineral Exploration (India) Private Limited |
| Sri Lakshmi Chennuru DIN 00021468 | Director | 09 Mar 2024 | 2 yrs 7 mo | Indu Mineral Exploration (India) Private Limited |
| Manvitha Chennuru DIN 07592292 | Additional Director | 09 Mar 2024 | 2 yrs 7 mo | Indu Mineral Exploration (India) Private Limited |
| Aitha Harishankar DIN 07021067 | Director | 19 Jul 2025 | 1 yr 3 mo | Pannchavati Avenues Private Limited |
People of Indu Group
4 people are tracked at Indu Group (2 in leadership, 1 in board & advisors, 1 in team); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Manharlal Mehta | CEO | Leadership |
B. V. Bhaskar Reddy | CEO & Infrastructure Projects | Leadership |
| Chairman & Managing Director | Board & advisors | |
Mohan Vishwaraj | AGM Real Estate Division. Land Acquisition Liasion Legal Regulatory Affairs | Team |
Complete people profiles for Indu Group
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Financials of Indu Group
Figures of Indu Projects Limited, the primary company behind Indu Group, for FY 2024. Revenue was ₹142 Cr (+935% year on year). Net profit was ₹123 Cr (87% margin). EBITDA was ₹126 Cr (89% margin). Revenue has grown at a compounded annual rate of +50% over three years and 0% over five years.
- ₹142 CrRevenue · FY 2024 · +935% YoY
- ₹123 CrNet profit · 87% margin
- ₹126 CrEBITDA · 89% margin
- ₹6.00 CrPaid-up capital
- 19Employees (provident fund records)
- +50%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indu Projects Limited are on its company page.
Detailed financial statements for Indu Group
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Timeline of Indu Group
4 dated milestones of Indu Group across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Indu Group is founded.
- Funding First funding round of $6.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $77.0M.
Competitors of Indu Group
Indu Group has 3 listed competitors in our database. They include Lodha Group, Godrej Properties 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 | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. | ||
| dlf.in | 1947 | Gurugram, India | 132 | Provider of property and real estate development services |
Detailed competitors of Indu Group
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Web traffic of Indu Group
The website of Indu Group (induprojects.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Indu Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
abhijeet.in | abhijeet.in | 100% | – | ||
| simplexinfra.com | 64% | 7.9K | #1,908,570 | View details | |
balajeegroup.com | balajeegroup.com | 63% | #11,952,906 | – | |
| jppowerventures.com | 62% | 10.6K | #1,926,458 | View details | |
| marggroup.com | 62% | 1.2K | #14,346,609 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Indu Group
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Indu Group (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 Indu Group
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Frequently Asked Questions about Indu Group
Indu Group was founded in 2001 and raised its 1st funding round 5 years after it was founded.
Indu Group is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Manharlal Mehta is the CEO of Indu Group, as recorded in our data.
Indu Group is a funded company, having raised a total of $155.17M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.18M, raised on Apr 2006.
Indu Group has 19 employees.
The primary company behind Indu Group, Indu Projects Limited, reported revenue of ₹142 Cr for FY 2024, up 935% year on year.
Indu Group was founded in 2001 and is headquartered in Hyderabad, India. Operations focus on the infrastructure and real estate sectors, where design, construction, and management services are provided for projects including roads, railways, irrigation systems, power plants, coal mining, solar energy installations, residential buildings, IT parks, and hospitality facilities. Sustainable solutions are delivered to meet societal and economic requirements across these areas.
Indu Group's top competitors include Godrej Properties, DLF India and Lodha Group.
Indu Group offers Energy Services and Infrastructure Services.
Indu Group has 17 investors. Key investors include Citi, Credit Suisse, Lodestar Investment Holdings, Growth Partnerhip Co Investment Trust, and Srinivasa Rao VN.
The valuation of Indu Group is $147.78M as of Mar 2008.
Indu Group is associated with 3 legal entities: Indu Projects Limited, Pannchavati Avenues Private Limited, Indu Mineral Exploration (India) Private Limited.