Lavasa

Mumbai, India Founded: 1999 • Age: 27 yrs
Operator of apartments

About Lavasa

Lavasa is a Travel & Hospitality company based in Mumbai (India) founded in 1999. Operator of apartments. The company has 28 employees. Its Indian entity Lavasa Corporation Limited reported revenue of β‚Ή609 Cr. Its focus areas include Travel and Hospitality and Hotels.

Company details

Lavasa Corporation was founded in 1999 in Mumbai, India, as a subsidiary of HCC Real Estate Ltd. Operations focus on the development and management of a hill-based industrial park. This includes residential villas, business centers, knowledge process outsourcing units, hospitality services, education facilities, retail parks, and shopping malls. The project is located in western India, serving real estate and urban development sectors.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹609 Cr

    FY 2017 · -58% YoY

  • Net Loss
    -₹715 Cr

    FY 2017 · -567% margin

  • EBITDA
    -₹11.80 Cr

    FY 2017 · -9% margin

  • Latest Funding Round
    $54.75M (USD), Debt – Conventional

    Jan 2010

  • Investors
  • Employee Count
    28

Funding Insights of Lavasa

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $54.75M
  • First Round $10.46M

    (Jul 2009)

  • Investors Count 2

All 2 funding rounds of Lavasa with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2010$54.75MDebt – Conventional––
Jul 2009$10.46MDebt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in Lavasa

Lavasa has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IndusInd Bank and ICICI Bank.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial bank
1994icicibank.comMumbai, India
Personal and business banking products and services are provided.
1994indusind.comPune, India
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Investor details for Lavasa

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  • Round participation
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Board of directors of Lavasa Corporation Limited (Lavasa)

Lavasa Corporation Limited is the primary company behind Lavasa. The board of Lavasa Corporation Limited currently have 5 directors; the longest-serving is Praveen Sood, appointed in 2017. 37 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Praveen Sood
DIN 00018013
CEO19 May 20179 yrs 5 moLavasa Corporation Limited
Madhavi Vijay Narkar
DIN 08128530
Additional Director08 May 20188 yrs 5 moLavasa Corporation Limited
Pragnesh Umershi Lodaya
DIN 08128534
Additional Director09 May 20188 yrs 5 moLavasa Corporation Limited
Sanjay Kumar Johar
DIN 08128545
Additional Director09 May 20188 yrs 5 moLavasa Corporation Limited
Udayraj Ratnakar Patwardhan
DIN 01773471
IRP/RP/Liquidator03 Dec 202510 moLavasa Corporation Limited

Financials of Lavasa

Figures of Lavasa Corporation Limited, the primary company behind Lavasa, for FY 2017. Revenue was ₹609 Cr (-58% year on year). Net loss was -₹715 Cr (-567% margin). EBITDA was -₹11.80 Cr (-9% margin).

  • ₹609 CrRevenue · FY 2017 · -58% YoY
  • -₹715 CrNet loss · -567% margin
  • -₹11.80 CrEBITDA · -9% margin
  • ₹796 CrPaid-up capital
  • 28Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Lavasa Corporation Limited are on its company page.

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Detailed financial statements for Lavasa

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Lavasa

3 dated milestones of Lavasa across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lavasa is founded.
  2. Funding First funding round of $10.5M.
  3. Funding Latest funding round, Debt – Conventional, of $54.8M.

Web traffic of Lavasa

The website of Lavasa (lavasa.com) receives about 7.1K visits a month.

  • Monthly visits
    7.1K

    ▲ 24.5% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
goa.app
100%
21.6K#1,343,436View details
lifewithshilpa.wordpress.com
lifewithshilpa.wordpress.com
96%
–
maharashtratourism.net
95%
#5,391,571View details
oneday.travel
oneday.travel
92%
#471,167–
byebyecity.com
85%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Lavasa

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  • 9 similar websites
  • Audience overlap
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Top companies in Hotels

3 companies that operate in the same segment as Lavasa (Hotels) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
A chain of hotels and resorts is operated.
2002Delhi, Delhi, IndiaUSD 128.72 MUSD 151.13 M8,560
Mid-market hotel chain is operated in 29 Indian cities.
2003Mumbai, Maharashtra, IndiaUSD 76.27 MUSD 43.67 M1,083
Online hotel booking platform
2014Gurugram, Haryana, IndiaUSD 71.89 MUSD 27.76 M541
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Related news about Lavasa

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Frequently Asked Questions about Lavasa

Lavasa was founded in 1999 and raised its 1st funding round 10 years after it was founded.

Lavasa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Lavasa has 28 employees.

The primary company behind Lavasa, Lavasa Corporation Limited, reported revenue of β‚Ή609 Cr for FY 2017, down 58% year on year.

Lavasa Corporation was founded in 1999 in Mumbai, India, as a subsidiary of HCC Real Estate Ltd. Operations focus on the development and management of a hill-based industrial park. This includes residential villas, business centers, knowledge process outsourcing units, hospitality services, education facilities, retail parks, and shopping malls. The project is located in western India, serving real estate and urban development sectors.

Lavasa has 2 investors. Key investors include IndusInd Bank, and ICICI Bank.

Lavasa operates through Lavasa Corporation Limited.

The legal entities of Lavasa currently have 5 directors, including Madhavi Vijay Narkar, Pragnesh Umershi Lodaya, Sanjay Kumar Johar and others.

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