About Isthara
Isthara is a company based in Hyderabad (India) founded in 2017 by Vijayan Krishna Kumar, Gilbert James Lourduraj, and Kumar Krishna.. 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 as of April 04, 2024. Isthara has completed 1 acquisition, including LetsMobility. Isthara operates in a competitive market with competitors including Stanza Living, Housr, Colive, HelloWorld and Truliv, among others.
- Headquarter Hyderabad, India
- Employees 670 as on 04 Apr, 2024
- Founders Vijayan Krishna Kumar, Gilbert James Lourduraj, Kumar Krishna
- Stage Minicorn
-
Sectors
Real Estate & ConstructionConsumer Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Isthara Parks Private Limited
- Date of Incorporation 28 Apr, 2017
- Jurisdiction Coimbatore, Tamil Nadu, India
-
Annual Revenue
$8.37 M (USD)166.26as on Mar 31, 2023
-
Net Profit
$-3.67 M (USD)-53.75as on Mar 31, 2023
-
EBITDA
$-2.58 M (USD)-90.69as on Mar 31, 2023
-
Total Equity Funding
$21.16 M (USD)
in 3 rounds
-
Latest Funding Round
$10 M (USD), Series C
Sep 30, 2022
-
Investors
JM Financial Private Equity
& 15 more
-
Employee Count
670
as on Apr 04, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
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 Total Funding
- Total Rounds 3
- Last Round Series C — $10.0M
-
First Round
First Round
(03 Jun 2019)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Isthara | Valuation | Eagle Investments | |
| Jul, 2021 | Amount | Series B - Isthara | Valuation | Eagle Investments , Sureshchandra Dipchand | |
| Jun, 2019 | Amount | Series A - Isthara | Valuation | JM Financial Private Equity |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PE & corporate advisory firm
|
Founded Year | Domain | Location | |
|
Growth-equity focused private firm investing in SMEs
|
Founded Year | Domain | Location | |
|
Early-stage investments are targeted by the Ravi Modi Family Trust.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Isthara
Isthara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LetsMobility. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Application development services are provided by LetsMobility in India.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Isthara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Isthara Comparisons
Competitors of Isthara
Isthara 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 Stanza Living, Housr, Colive, HelloWorld and Truliv, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
|
|
| domain | founded_year | HQ Location |
Fully furnished coliving spaces and serviced apartments are managed.
|
|
| domain | founded_year | HQ Location |
Tech-enabled co-living spaces are provided for urban migrants.
|
|
| domain | founded_year | HQ Location |
Fully-managed accommodations are operated with community amenities and flexible leases.
|
|
| domain | founded_year | HQ Location |
Co-living spaces with amenities are offered to professionals and students.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Isthara
Frequently Asked Questions about Isthara
When was Isthara founded?
Isthara was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Isthara located?
Isthara is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Isthara?
Vijayan Krishna Kumar is the current CEO of Isthara. They have also founded this company.
Is Isthara a funded 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 03, 2019.
How many employees does Isthara have?
As of Apr 04, 2024, the latest employee count at Isthara is 670.
What is the annual revenue of Isthara?
Annual revenue of Isthara is $8.37M as on Mar 31, 2023.
What does Isthara do?
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.
Who are the top competitors of Isthara?
Isthara's top competitors include Stanza Living, Housr and HelloWorld.
How many acquisitions has Isthara made?
Isthara has made 1 acquisition, including LetsMobility.
Who are Isthara's investors?
Isthara has 16 investors. Key investors include JM Financial Private Equity, Hemani Global, Eagle Investments, Pranav D Parikh, and Ashokbhai S Shah.
What is Isthara's valuation?
The valuation of Isthara is $39.54M as of Sep 2022.