About Knest
Knest is a company based in Pune (India) founded in 2014 by Prashant Agarwal, Nitin Mittal, and Ashish Agarwal.. Knest has raised $35.2 million across 1 funding round from investors including Lighthouse Funds. The company has 24 employees as of January 11, 2025. Knest offers products and services including Knest Monolithic, Knest Verticals, and Knest Deck System. Knest operates in a competitive market with competitors including MFE Formwork Technology, ALMETAX, Asalindia, A TO Z TRADERS and S3AFS, among others.
- Headquarter Pune, India
- Employees 24 as on 11 Jan, 2025
- Founders Prashant Agarwal, Nitin Mittal, Ashish Agarwal
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Knest Verticals Private Limited
- Date of Incorporation 21 Feb, 2020
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2.39 M (USD)55.4as on Mar 31, 2023
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Net Profit
$40.6 K (USD)39.92as on Mar 31, 2023
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EBITDA
$138.12 K (USD)17.64as on Mar 31, 2023
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Total Equity Funding
$35.2 M (USD)
in 1 rounds
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Latest Funding Round
$35.2 M (USD), Series C
Jun 11, 2025
- Investors
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Employee Count
24
as on Jan 11, 2025
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Products & Services of Knest
Knest offers a comprehensive portfolio of products and services, including Knest Monolithic, Knest Verticals, and Knest Deck System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performing solutions for real estate construction projects.
Modular components for developers and contractors.
Efficient system for infrastructure development processes.
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Funding Insights of Knest
Knest has successfully raised a total of $35.2M through 1 strategic funding round. The most recent funding activity was a Series C round of $35.2 million completed in June 2025. 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 1
- Last Round Series C — $35.2M
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First Round
First Round
(11 Jun 2025)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series C - Knest | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Knest
Knest has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lighthouse Funds. 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 |
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Investment funds for Indian startups are managed by Lighthouse.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Knest
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Knest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Knest Comparisons
Competitors of Knest
Knest 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 MFE Formwork Technology, ALMETAX, Asalindia, A TO Z TRADERS and S3AFS, 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 |
Aluminum formwork for reinforced concrete buildings is manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of aluminium building materials
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| domain | founded_year | HQ Location |
Designs, manufactures, and supplies Aluminium formwork systems for construction needs.
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| domain | founded_year | HQ Location |
Manufactures and supplies aluminium ladders, FRP ladders, scaffolding, and safety equipment.
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| domain | founded_year | HQ Location |
Manufactures aluminium formwork and provides construction services for infrastructure.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Knest
Frequently Asked Questions about Knest
When was Knest founded?
Knest was founded in 2014 and raised its 1st funding round 11 years after it was founded.
Where is Knest located?
Knest is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Knest?
Ashish Agarwal is the current CEO of Knest. They have also founded this company.
Is Knest a funded company?
Knest is a funded company, having raised a total of $35.2M across 1 funding round to date. The company's 1st funding round was a Series C of $35.2M, raised on Jun 11, 2025.
How many employees does Knest have?
As of Jan 11, 2025, the latest employee count at Knest is 24.
What is the annual revenue of Knest?
Annual revenue of Knest is $2.39M as on Mar 31, 2023.
What does Knest do?
Knest was established in 2014 in Pune, India, as a developer focused on real estate and infrastructure projects. Operations are conducted within the construction and property sectors, with emphasis on project execution and management. Leadership roles are held by co-founders Prashant Agarwal as Director, Nitin Mittal as Managing Director, and Ashish Agarwal as CEO. Activities are based primarily in the Indian market, supporting urban development initiatives.
Who are the top competitors of Knest?
Knest's top competitors include MFE Formwork Technology, ALMETAX and Asalindia.
What products or services does Knest offer?
Knest offers Knest Monolithic, Knest Verticals, and Knest Deck System.
Who are Knest's investors?
Knest has 1 investor. Key investors include Lighthouse Funds.