Isthara

Hyderabad, India Founded: 2017 • Age: 9 yrs Minicorn
Managed shared kitchen spaces are booked through an online platform.

About Isthara

Isthara is a Real Estate & Construction company based in Hyderabad (India) founded in 2017 by Vijayan Krishna Kumar, Gilbert James Lourduraj, and Kumar Krishna. Managed shared kitchen spaces are booked through an online platform. It operates in the Real Estate & Construction, Consumer, and Business Services sectors. Isthara has raised $21.16 million across 3 funding rounds from investors including JM Financial Private Equity, Hemani Global and Eagle Investments. The company has 670 employees. Isthara has completed 1 acquisition, including LetsMobility. Isthara was last valued at $39.54 million in September 2022. Its chief executive, as recorded, is Vijayan Krishna Kumar. Its website isthara.com draws about 38 thousand monthly visits. Its Indian entity Isthara Parks Private Limited reported revenue of β‚Ή69.49 Cr. Its focus areas include Food and Agriculture Tech, Food Tech, Catering and Horizontal. Its competitors include Stanza Living, Housr and Colive; 3 of its 3 listed competitors have raised funding.

Company details

Isthara was established in 2017 in Hyderabad, India, within the food technology sector. An online platform is operated for reserving managed shared kitchen spaces. Amenities including air conditioning, microwave facilities, housekeeping, and WiFi connectivity are supplied. Tech-enabled food courts are facilitated as part of the operations. Income is derived from monthly membership subscriptions. A dedicated mobile application is supported on both Android and iOS platforms.

  • Headquarters Hyderabad, India
  • Employees 670
  • Founders Vijayan Krishna Kumar, Gilbert James Lourduraj, Kumar Krishna
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
    Consumer Business Services
  • Website category Business and Consumer Services · Real Estate
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website isthara.com
  • Social LinkedIn X Facebook
  • Legal Name Isthara Parks Private Limited
  • Date of Incorporation 28 Apr, 2017
  • Jurisdiction Coimbatore, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹69.49 Cr

    FY 2025 · +22% YoY

  • Net Loss
    -₹22.79 Cr

    FY 2025 · -33% margin

  • EBITDA
    -₹9.76 Cr

    FY 2025 · -14% margin

  • Total Equity Funding
    $21.16M (USD)

    in 3 rounds

  • Latest Funding Round
    $10M (USD), Series C

    Sep 2022

  • Investors
  • Employee Count
    670
  • Investments & Acquisitions

Funding Insights of Isthara

Isthara has successfully raised a total of $21.16M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in September 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 $21.16M
  • Total Rounds 3
  • Last Round Series C β€” $10M
  • First Round $5.74M

    (Jun 2019)

  • Investors Count 16

All 3 funding rounds of Isthara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$10MSeries C$39.54MEagle Investments
Jul 2021$5.42MSeries B$18.79MEagle Investments, Sureshchandra Dipchand
Jun 2019$5.74MSeries A$β€’β€’β€’β€’β€’JM Financial Private Equity
–
Valuation history
DateValuationStage
Sep 2022$39.54Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$18.79Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $39.54M (Sep 2022). 16 investors in total: 9 institutional and 7 angel.

Investors in Isthara

Isthara has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include JM Financial Private Equity, Hemani Global and Eagle Investments.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
PE & corporate advisory firm
eagle-investments.comDubai, United Arab Emirates
Growth-equity focused private firm investing in SMEs
2006jmfpe.comMumbai, India
Early-stage investments are targeted by the Ravi Modi Family Trust.
Kolkata, India
Multiple sectors are invested in by the private equity firm.
Delhi, India
Single family office of BL Taparia, chairman of Supreme Industries
b2vventures.comMumbai, India
Chemical manufacturing and custom synthesis services in India.
1976hemaniglobal.comMumbai, India

Pranav D Parikh

unknown_53d6984eca4b49c3a
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Board of directors of Isthara Parks Private Limited (Isthara)

Isthara Parks Private Limited is the primary company behind Isthara. The board of Isthara Parks Private Limited currently have 6 directors; the longest-serving is Kripalakshmi Rajamani, appointed in 2017. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kripalakshmi Rajamani
DIN 02315197
Director28 Apr 20179 yrs 6 moIsthara Parks Private Limited
Gilbert James Lourduraj
DIN 02315148
Managing Director28 Apr 20179 yrs 6 moIsthara Parks Private Limited
Vijayan Krishna Kumar
DIN 02384139
Director08 Oct 20188 yrsIsthara Parks Private Limited
Vinit Janardan Rai
DIN 02638343
Nominee Director03 Jul 20197 yrs 3 moIsthara Parks Private Limited
Sharon Veronica Dsouza
DIN 09753725
Nominee Director30 Sep 20224 yrs 1 moIsthara Parks Private Limited
Elias Samir Elias Kawar
DIN 09753835
Nominee Director30 Sep 20224 yrs 1 moIsthara Parks Private Limited

People of Isthara

15 people are tracked at Isthara (9 in leadership, 2 in board & advisors, 4 in team); the tracked headcount is 670.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & Managing DirectorLeadership
Co-Founder & CEOLeadership
Ligouri Godwin
Executive DirectorLeadership
MD & FounderLeadership
DVR Raam
Executive DirectorLeadership
Kripa Lakshmi
CFOLeadership
Gokul Prasad
VP-BDLeadership
Syamala
VP-BDLeadership
DirectorBoard & advisors
Venkat
Advisor / ConsultantBoard & advisors
Nirmala
GM-AuditTeam
Parveen
GM-SalesTeam
Daljit Chauhan
GM-ColivingTeam
Nuthan Kumar
GM-ColivingTeam
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Financials of Isthara

Figures of Isthara Parks Private Limited, the primary company behind Isthara, for FY 2025. Revenue was ₹69.49 Cr (+22% year on year). Net loss was -₹22.79 Cr (-33% margin). EBITDA was -₹9.76 Cr (-14% margin). Revenue has grown at a compounded annual rate of +38% over three years and +22% over five years.

  • ₹69.49 CrRevenue · FY 2025 · +22% YoY
  • -₹22.79 CrNet loss · -33% margin
  • -₹9.76 CrEBITDA · -14% margin
  • ₹27.13 CrPaid-up capital
  • 670Employees (provident fund records)
  • +38%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

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

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Investments & Acquisitions by Isthara

Isthara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LetsMobility.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Application development services are provided by LetsMobility in India.
letsmobility.comHyderabad, India2016Jan 2022β€’β€’β€’β€’
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Timeline of Isthara

5 dated milestones of Isthara across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Isthara is founded.
  2. Funding First funding round of $5.7M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires LetsMobility.
  5. Funding Latest funding round, Series C, of $10.0M.

Competitors of Isthara

Isthara has 3 listed competitors in our database, 3 of them funded. They include Stanza Living, Housr and Colive.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
stanzaliving.com2017Gurugram, India$232.71M210
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
housr.in2018Gurugram, India$13.74M126
Fully furnished coliving spaces and serviced apartments are managed.
colive.com2016Bengaluru, India$31.79M300
Tech-enabled co-living spaces are provided for urban migrants.
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Detailed competitors of Isthara

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Web traffic of Isthara

The website of Isthara (isthara.com) receives about 38.1K visits a month and ranks #658,643 among all websites worldwide, #4,755 in Real Estate.

  • Monthly visits
    38.1K

    ▲ 28.5% vs previous month

  • Unique visitors
    12.2K

    per month

  • Global rank
    #658,643

    among all websites

  • Category rank
    #4,755

    Business and Consumer Services · Real Estate

Similar websites

Websites whose visitors overlap most with Isthara. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
thehelloworld.com
100%
101.1K#321,841View details
housr.in
97%
33.3K#564,727View details
cofynd.com
55%
160.6K#325,176View details
livingquarter.co.in
livingquarter.co.in
28%
#3,124,888–
google.com
26%
85.8B#1View details

Top companies in Real Estate Technology Platforms

3 companies that operate in the same segment as Isthara (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 25.52 M1,188
A platform for residential property buying is facilitated by PropTiger.
2011Gurugram, Haryana, IndiaUSD 99 M
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Frequently Asked Questions about Isthara

Isthara was founded in 2017 and raised its 1st funding round 2 years after it was founded.

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

Vijayan Krishna Kumar is the CEO of Isthara, as recorded in our data. They have also founded this company.

Isthara is a funded company, having raised a total of $21.16M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.74M, raised on Jun 2019.

Isthara has 670 employees.

The primary company behind Isthara, Isthara Parks Private Limited, reported revenue of β‚Ή69.49 Cr for FY 2025, up 22% year on year.

Isthara was established in 2017 in Hyderabad, India, within the food technology sector. An online platform is operated for reserving managed shared kitchen spaces. Amenities including air conditioning, microwave facilities, housekeeping, and WiFi connectivity are supplied. Tech-enabled food courts are facilitated as part of the operations. Income is derived from monthly membership subscriptions. A dedicated mobile application is supported on both Android and iOS platforms.

Isthara's top competitors include Stanza Living, Housr and Colive.

Isthara has made 1 acquisition, including LetsMobility.

Isthara has 16 investors. Key investors include JM Financial Private Equity, Hemani Global, Eagle Investments, Pranav D Parikh, and Ashokbhai S Shah.

The valuation of Isthara is $39.54M as of Sep 2022.

Isthara operates through Isthara Parks Private Limited.

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