About Isprava
Isprava is a Real Estate & Construction company based in Mumbai (India) founded in 1992 by Dhimaan Shah and Nibhrant Shah. Developer of luxury residential properties. Isprava has raised $158.42 million across 10 funding rounds from investors including Allana, Burman Family Holdings and RONUK. The company has 1,046 employees. Isprava was last valued at $108.78 million in March 2022. Its chief executive, as recorded, is Nibhrant Shah. Its website isprava.com draws about 56 thousand monthly visits. 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
Isprava was founded in 1992 in Mumbai, India, and operates in the luxury real estate sector. Bespoke luxury homes and villas are constructed in exclusive, naturally beautiful locations, with emphasis placed on high design standards, sustainable practices, and quality service. Rental services for these properties are provided through a partnered brand, supporting operations across select geographies.
- Headquarters Mumbai, India
- Employees 1,046
- Founders Dhimaan Shah, Nibhrant Shah
- Stage Minicorn
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Real Estate
- Email••••••••
- Phone•••• ••••
- Website isprava.com
- Social LinkedIn X Facebook
- Annual Revenue$55.39 M (USD)129as on Mar 31, 2024
- Net Profit$7.62 M (USD)943as on Mar 31, 2024
- EBITDA$6.91 M (USD)1866as on Mar 31, 2024
- Total Equity Funding$158.42M (USD)
in 10 rounds
- InvestorsAllana
& 79 more
- Employee Count1,046
Associated legal entities of Isprava
Isprava is associated with 3 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Isprava Luxury Realty Nine Llp CIN AAW-5682 | Active | 01 Apr 2021 | Mumbai, Maharashtra | 3 | View details | ||
| Isprava Decor Private Limited CIN U74999MH2020PTC339862 | Active | 20 May 2020 | Mumbai, Maharashtra | ₹30.6 Cr | 3,385 | 2 | View details |
| Isprava Vesta Private Limited CIN U74900MH1992PTC065539 | Active | 21 Feb 1992 | Mumbai, Maharashtra | ₹542 Cr | 438 | 10 | View details |
Funding Insights of Isprava
Isprava has successfully raised a total of $158.42M across 10 strategic funding rounds. 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 $158.42M
- Total Rounds 10
- First Round $102,429
(Feb 2008)
- Investors Count 80
All 10 funding rounds of Isprava 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 |
|---|---|---|---|---|---|
| Nov 2025 | Series B | – | – | ||
| Nov 2025 | $28.4M | Debt – Conventional | – | – | – |
| Jan 2023 | $20M | Series B | – | Symphony Asia Holdings, Symphony Luxre Holdings | |
| Mar 2022 | $130M | Series B | – | Nadir Godrej, Burman Family Holdings | |
| Jun 2019 | $3.68M | Series A | $72.68M | Guardian Advisors, Bandi Parthasaradhi Reddy | |
| Apr 2018 | $3.04M | Series A | $48.15M | Anand Piramal | |
| May 2017 | $1.7M | Angel Round | – | – | |
| Feb 2017 | $1.65M | Unspecified | $••••• | Guardian Advisors | |
| Feb 2012 | $152,754 | Unspecified | $••••• | Arrina Education | – |
| Feb 2008 | $102,429 | Unspecified | – | Gacl Finance |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $108.78M | •••••••• |
| Jun 2019 | $72.68M | •••••••• |
| Apr 2018 | $••••• | •••••••• |
| Feb 2017 | $••••• | •••••••• |
| Feb 2012 | $••••• | •••••••• |
Full valuation and stage history of Isprava
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Last known valuation $108.78M (Mar 2022). 80 investors in total: 22 institutional and 58 angel.
Investors in Isprava
Isprava has secured backing from 80 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Allana, Burman Family Holdings and RONUK.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Strategic investment platform focusing on long-term investments in early-stage companies across key sectors. | 1995 | burmanfh.com | Delhi, India | |
Multiple sectors are financed through private debt by Eudora Ventures. | Mumbai, India | |||
Venture capital investments are focused on fintech startups. | ||||
Venture capital firm focused on multiple sectors | Delhi, India | |||
Venture capital firm focused on early-stage investments | Mumbai, India | |||
Investments are directed toward multiple sectors via financial instruments. | Mumbai, India | |||
Global private equity investments are managed with long-term focus. | hillhouseinvestment.com | |||
Strategic investments in Asia-Pacific sectors including education, healthcare, and real estate. | symphonyasia.com | |||
Food processing, export of agro commodities, and production of branded products in India. | 1865 | allana.com | Mumbai, India |
Investor details for Isprava
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Board of directors of Isprava
The boards of the 3 registered companies of Isprava currently have 11 directors; the longest-serving is Darshan Ramnik Shah, appointed in 1992. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darshan Ramnik Shah DIN 00102264 | Director | 21 Feb 1992 | 34 yrs 8 mo | Isprava Vesta Private Limited |
| Nadir Burjor Godrej DIN 00066195 | Director | 07 Sep 1992 | 34 yrs 2 mo | Isprava Vesta Private Limited |
| Dhimaan Darshan Shah DIN 03300667 | Director | 14 May 2014 | 12 yrs 5 mo | Isprava Vesta Private Limited, Isprava Decor Private Limited |
| Rohan Lamba DIN 07430656 | Director | 01 Apr 2017 | 9 yrs 7 mo | Isprava Vesta Private Limited |
| Nibhrant Darshan Shah DIN 02752112 | Designated Partner | 01 Apr 2021 | 5 yrs 7 mo | Isprava Luxury Realty Nine Llp, Isprava Vesta Private Limited, Isprava Decor Private Limited |
| Madhavan Menon Karunakaran DIN 00008542 | Director | 10 Feb 2022 | 4 yrs 8 mo | Isprava Vesta Private Limited |
| Vera Farhad Choksey DIN 09782327 | Director | 29 Nov 2022 | 3 yrs 11 mo | Isprava Vesta Private Limited |
| Sushant Subhash Chavan DIN 09780530 | Designated Partner | 07 Feb 2023 | 3 yrs 9 mo | Isprava Luxury Realty Nine Llp |
| Maria Vijay Kasare DIN 09780611 | Designated Partner | 07 Feb 2023 | 3 yrs 9 mo | Isprava Luxury Realty Nine Llp |
| Siddhartha Gupta DIN 05146690 | Director | 20 Nov 2025 | 11 mo | Isprava Vesta Private Limited |
| Joseph Raymond Gagnon DIN 08442273 | Additional Director | 23 Dec 2025 | 10 mo | Isprava Vesta Private Limited |
People of Isprava
27 people are tracked at Isprava (13 in leadership, 14 in team); the tracked headcount is 1,046.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Nitya Somani | Founder's Office | Leadership |
Nidhin Jacob | Senior Manager - Founder's Office (business Excellence) | Leadership |
Devyani Tailor | Senior Executive Human Resource Business Partner | Leadership |
Alpesha Patil | Executive Assistant To Chief Executive Officer | Leadership |
Ashish Dongre | Chief Operating Officer | Leadership |
Abhijeet Wagh | Head Of Operations | Leadership |
Dr Sanjay Vaghamshi | Head Of Operations & Procurement | Leadership |
Sumith Sumithran | Vice President & Head Of HR (isprava & Lohono) | Leadership |
Vaibhav R | Head Of Talent Acquisition | Leadership |
Kshitiz Bilala | Chief Financial Officer | Leadership |
Mukul Chauhan | Head – Process Excellence And Innovation | Central Planning, Analysis And Support | Leadership |
Jayesh N Chandnani | Senior Team Lead | Team |
Neha Alghare | Assistant Manager MEP Contracts | Team |
Omkar Pednekar | Assistant Procurement Manager | Team |
Kavish Desai | Senior Manager Corporate Finance | Team |
Shivam Rai | Senior Software Developer | Team |
Deepak Singh | Procurement Manager Interior Lead | Team |
Prasad Jaiswal | Commercial Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Isprava
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Financials of Isprava
Figures of Isprava Vesta Private Limited, the primary company behind Isprava, for FY 2025. Revenue was ₹542 Cr (+18% year on year). Net profit was ₹19.17 Cr (4% margin). EBITDA was ₹42.27 Cr (8% margin). Revenue has grown at a compounded annual rate of +69% over three years and +53% over five years.
- ₹542 CrRevenue · FY 2025 · +18% YoY
- ₹19.17 CrNet profit · 4% margin
- ₹42.27 CrEBITDA · 8% margin
- ₹9.08 CrPaid-up capital
- 438Employees (provident fund records)
- +69%Revenue CAGR, 3 years
- +53%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Isprava Vesta Private Limited are on its company page.
Detailed financial statements for Isprava
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Timeline of Isprava
4 dated milestones of Isprava across 33 years, from founding to its latest funding, stage changes and deals.
- Founded Isprava is founded.
- Funding First funding round of $102K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B,.
Competitors of Isprava
Isprava 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 Isprava
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Web traffic of Isprava
The website of Isprava (isprava.com) receives about 56.4K visits a month and ranks #494,103 among all websites worldwide, #3,489 in Real Estate.
- Monthly visits56.4K
▼ 11.1% vs previous month
- Unique visitors31.1K
per month
- Global rank#494,103
among all websites
- Category rank#3,489
Business and Consumer Services · Real Estate
- Bounce rate60%
- Pages per visit2.7
- Average visit1 min 18 sec
- DevicesDesktop 19% · Mobile 81%
Websites whose visitors overlap most with Isprava. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nanubhaiproperty.com | 100% | #902,122 | View details | ||
| sunteckindia.com | 98% | 21.7K | #1,186,188 | View details | |
guptasen.com | guptasen.com | 96% | #1,022,167 | – | |
realestate.siliconindia.com | realestate.siliconindia.com | 96% | #10,055,341 | – | |
cbvalueaddrealty.in | cbvalueaddrealty.in | 96% | #1,624,472 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Isprava
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Isprava (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | 1,322 | |
Real estate development services are provided in India. | 1999 | Gurugram, Haryana, India | USD 14.83 M |
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Frequently Asked Questions about Isprava
Isprava was founded in 1992 and raised its 1st funding round 16 years after it was founded.
Isprava is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nibhrant Shah is the CEO of Isprava, as recorded in our data. They have also founded this company.
Isprava is a funded company, having raised a total of $158.42M across 10 funding rounds to date. The company's 1st funding round was a Unspecified of $102.43K, raised on Feb 2008.
Isprava has 1,046 employees.
Annual revenue of Isprava is $55.39M as on Mar 31, 2024.
Isprava was founded in 1992 in Mumbai, India, and operates in the luxury real estate sector. Bespoke luxury homes and villas are constructed in exclusive, naturally beautiful locations, with emphasis placed on high design standards, sustainable practices, and quality service. Rental services for these properties are provided through a partnered brand, supporting operations across select geographies.
Isprava's top competitors include Oberoi Realty, DLF India and Lodha Group.
Isprava has 80 investors. Key investors include Allana, Burman Family Holdings, RONUK, Nadir Godrej, and Symphony International Holdings Limited.
The valuation of Isprava is $108.78M as of Mar 2022.
Isprava is associated with 3 legal entities: Isprava Luxury Realty Nine Llp, Isprava Vesta Private Limited, Isprava Decor Private Limited.
The legal entities of Isprava currently have 12 directors, including Nibhrant Darshan Shah, Sushant Subhash Chavan, Maria Vijay Kasare and others.