About Mahaveer Group
Mahaveer Group is a Real Estate & Construction company based in Bengaluru (India) founded in 1997. Real estate development services are provided in Bengaluru, India. Mahaveer Group has raised $1.59 million across 6 funding rounds from investors including Motilal Oswal, The Xander Group and Pennbrook Capital. The company has 94 employees. Its Indian entity Reddy Structures Private Limited reported revenue of ₹275 Cr. Mahaveer Group offers products and services including Luxury Apartments and Villa Plots. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Residential. Its competitors include Shriram Properties, Puravankara and Alliance Infrastructure; 1 of its 3 listed competitors has raised funding.
Company details
The Mahaveer Group was established in 1997 in Bengaluru, India, within the real estate sector. Development services for residential and commercial properties are handled by the company, with operations focused on urban projects. Geographic activities are primarily centered in southern India, where land acquisition and construction management are undertaken. The domain mahaveergroup.in is maintained for business outreach.
- Headquarters Bengaluru, India
- Employees 94
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website mahaveergroup.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Reddy Structures Private Limited
- Date of Incorporation 07 Nov, 2002
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹275 Cr
FY 2024 · +1% YoY
- Net Loss-₹39.3 Lakh
FY 2024 · 0% margin
- EBITDA₹4.26 Cr
FY 2024 · 2% margin
- Total Equity Funding$1.59M (USD)
in 6 rounds
- Latest Funding Round$18.04M (USD), Debt – Conventional
Apr 2016
- InvestorsMotilal Oswal
& 9 more
- Employee Count94
Associated legal entities of Mahaveer Group
Mahaveer Group operates through Reddy Structures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reddy Structures Private Limited CIN U07010KA2002PTC031181 | Active | 07 Nov 2002 | Bangalore, Karnataka | ₹275 Cr | 94 | 2 | View details |
Products & Services of Mahaveer Group
Mahaveer Group offers a comprehensive portfolio of products and services, including Luxury Apartments and Villa Plots.
High-quality apartments with modern amenities in prime locations
Land plots for custom villa construction in Bengaluru areas
Funding Insights of Mahaveer Group
Mahaveer Group has successfully raised a total of $1.59M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $18.04 million completed in April 2016. 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 $1.59M
- Total Rounds 6
- Last Round Debt – Conventional — $18.04M
- First Round $465,098
(Mar 2007)
- Investors Count 10
All 6 funding rounds of Mahaveer Group 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 |
|---|---|---|---|---|---|
| Apr 2016 | $18.04M | Debt – Conventional | – | – | |
| Jan 2016 | $14.72M | Debt – Conventional | – | – | |
| Apr 2014 | $10.36M | Unspecified | – | – | |
| May 2010 | $424,044 | Angel Round | – | Suraj Gulecha | |
| Jun 2008 | $699,132 | Angel Round | – | Kushal Raj Gulecha | |
| Mar 2007 | $465,098 | Angel Round | – | M Raghavendra Reddy |
10 investors in total: 3 institutional and 7 angel.
Investors in Mahaveer Group
Mahaveer Group has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Motilal Oswal, The Xander Group and Pennbrook Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed by The Xander Group. | thexandergroup.com | London, United Kingdom | ||
Limited information available | 2017 | penbrookcapital.com | Mumbai, India | |
Online share trading and investment services are provided. | 1987 | motilaloswal.com | Mumbai, India | |
SG Suraj Gulecha | unknown_037d8335553b4639b | |||
KR Kushal Raj Gulecha | unknown_f584eafddc2b44c8a | |||
RK Ramesh Kumar | Angel investor focusing on Indian startups, tech enthusiast | unknown_21b1458cae114b7eb | ||
VK Vikash Kumar | Angel investor and entrepreneur, co-founder of ZestMoney, focused on fintech innovation | unknown_d98d671f629847bfa | ||
PC Prakash Chand Bafna | unknown_41fdc74ae0a44628b | |||
MR M Raghavendra Reddy | unknown_36ab11deef2449bba | |||
TA T Anitha | unknown_363ba4b3904a4195a |
Investor details for Mahaveer Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Reddy Structures Private Limited (Mahaveer Group)
Reddy Structures Private Limited is the primary company behind Mahaveer Group. The board of Reddy Structures Private Limited currently have 2 directors; the longest-serving is Kumbala Bhagya Laxmi, appointed in 2002. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumbala Bhagya Laxmi DIN 01711017 | Director | 07 Nov 2002 | 24 yrs | Reddy Structures Private Limited |
| Kumbala Praveen DIN 01257681 | Managing Director | 07 Nov 2002 | 24 yrs | Reddy Structures Private Limited |
People of Mahaveer Group
13 people are tracked at Mahaveer Group (2 in leadership, 11 in team); the tracked headcount is 94.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
Srinivas H N | General Manager | Leadership |
Nirmala Vulava | Accounnts Officer | Team |
M.D. Ashraf | Site Engineer | Team |
Chakravarthi T.n.s | DGM Design | Team |
Sahil Alam (Imtiyaz) | Site Engineer | Team |
Naveen Kumar | Legal Executive | Team |
Naveen Krishnappa | Marketing | Team |
Rakesh Mahapatra | Manager | Team |
Ravindher Kota | Manager Sales And Marketing | Team |
Rahul Tadanki | Sales Specialist | Team |
Prashant Yadav | Civil Engineer | Team |
Parsi Venkatesh | Civil Engineer | Team |
Complete people profiles for Mahaveer Group
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Financials of Mahaveer Group
Figures of Reddy Structures Private Limited, the primary company behind Mahaveer Group, for FY 2024. Revenue was ₹275 Cr (+1% year on year). Net loss was -₹39.3 Lakh (0% margin). EBITDA was ₹4.26 Cr (2% margin). Revenue has grown at a compounded annual rate of -2% over three years and 0% over five years.
- ₹275 CrRevenue · FY 2024 · +1% YoY
- -₹39.3 LakhNet loss · 0% margin
- ₹4.26 CrEBITDA · 2% margin
- ₹5.00 CrPaid-up capital
- 94Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reddy Structures Private Limited are on its company page.
Detailed financial statements for Mahaveer Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Mahaveer Group
3 dated milestones of Mahaveer Group across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Mahaveer Group is founded.
- Funding First funding round of $465K.
- Funding Latest funding round, Debt – Conventional, of $18.0M.
Competitors of Mahaveer Group
Mahaveer Group has 3 listed competitors in our database, 1 of them funded. They include Shriram Properties, Puravankara and Alliance Infrastructure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shriramproperties.com | 1995 | Bengaluru, India | $641.31M | 1,620 | Residential properties are developed in mid-market and affordable segments. | |
| puravankara.com | 1975 | Bengaluru, India | 940 | Residential and commercial properties are developed across various segments. | ||
| alliancein.com | 2004 | Chennai, India | 350 | Residential real estate properties are developed by Alliance Infrastructure. |
Detailed competitors of Mahaveer Group
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Web traffic of Mahaveer Group
The website of Mahaveer Group (mahaveergroup.in) receives about 7.5K visits a month.
- Monthly visits7.5K
▲ 1% vs previous month
Websites whose visitors overlap most with Mahaveer Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pridegroup.net | 100% | 680.7K | #3,547,638 | View details | |
| fernsestates.com | 97% | 1.1K | #13,879,435 | View details | |
| commonfloor.com | 96% | 551.3K | #103,228 | View details | |
| knsgroup.in | 95% | 18.7K | #1,091,806 | View details | |
| makaan.com | 92% | 15.1K | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Mahaveer Group
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- 19 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Mahaveer Group (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
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 |
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Related news about Mahaveer Group
Complete news archive for Mahaveer Group
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Frequently Asked Questions about Mahaveer Group
Mahaveer Group was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Mahaveer Group is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mahaveer Group is a funded company, having raised a total of $1.59M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $465.1K, raised on Mar 2007.
Mahaveer Group has 94 employees.
The primary company behind Mahaveer Group, Reddy Structures Private Limited, reported revenue of ₹275 Cr for FY 2024, up 1% year on year.
The Mahaveer Group was established in 1997 in Bengaluru, India, within the real estate sector. Development services for residential and commercial properties are handled by the company, with operations focused on urban projects. Geographic activities are primarily centered in southern India, where land acquisition and construction management are undertaken. The domain mahaveergroup.in is maintained for business outreach.
Mahaveer Group's top competitors include Puravankara, Shriram Properties and Alliance Infrastructure.
Mahaveer Group offers Luxury Apartments and Villa Plots.
Mahaveer Group has 10 investors. Key investors include Motilal Oswal, The Xander Group, Pennbrook Capital, Suraj Gulecha, and Kushal Raj Gulecha.
Mahaveer Group operates through Reddy Structures Private Limited.
The legal entities of Mahaveer Group currently have 2 directors, including Kumbala Bhagya Laxmi, Kumbala Praveen.