About Spark Group
Spark Group is a Real Estate & Construction company based in Mumbai (India) founded in 2000. Luxury residential properties are developed in Mumbai by Spark Group. Spark Group has raised $13 million across 1 funding round from investors including Indostar Capital Finance. The company has 14 employees. Spark Group offers products and services including Bileshwar Darshan, Anutham, Desai Oceanic, Desai Harmony, and Jyoti Palace. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers, Residential and Luxury. Its legal entity in India is Spark Developers Private Limited (U70109MH2020PTC344999). Its competitors include Isprava, Oberoi Realty and Nagarjuna Construction Company; 2 of its 3 listed competitors have raised funding.
Company details
Spark Group was established in 2000 and is headquartered in Mumbai, India. Operations focus on the real estate sector, where luxury residential properties are developed and managed. Services encompass planning, construction, and delivery of high-end housing projects tailored to urban markets. The companys domain, sparkdevelopers.in, supports its activities in the Indian property landscape, with emphasis on quality standards and local geography.
- Headquarters Mumbai, India
- Employees 14
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website sparkdevelopers.in
- Social LinkedIn X Facebook
- Legal Name Spark Developers Private Limited
- Date of Incorporation 31 Aug, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹32 Lakh
FY 2023 · 0% margin
- EBITDA-₹31.3 Lakh
FY 2023 · 0% margin
- Total Equity Funding$13M (USD)
in 1 rounds
- Latest Funding Round$13M (USD), Series B
Sep 2014
- Investors
- Employee Count14
Associated legal entities of Spark Group
Spark Group is associated with 3 registered companies on The Company Check; the primary company is Spark Developers Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spark Developers Private Limited CIN U70109MH2020PTC344999 | Active | 31 Aug 2020 | Mumbai, Maharashtra | 8 | 2 | View details | |
| Desai Residency Private Limited CIN U70109MH2018PTC314282 | Active | 20 Sep 2018 | Mumbai, Maharashtra | ₹41.0 Cr | 10 | 2 | View details |
| Spark Builders And Infra Projects Private Limited CIN U45200MH2006PTC158827 | Amalgamated | 12 Jan 2006 | Mumbai, Maharashtra | ₹85.6 Cr | 14 | 4 | View details |
Products & Services of Spark Group
Spark Group offers a comprehensive portfolio of products and services, including Bileshwar Darshan, Anutham, Desai Oceanic, Desai Harmony, and Jyoti Palace.
Apartment complex for high-end living in Mumbai
Premium housing project in prime Mumbai area
Seaside luxury development with modern amenities
Harmonious living spaces in upscale Mumbai locations
Palatial residences offering elite comfort in Mumbai
Funding Insights of Spark Group
Spark Group has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series B round of $13 million completed in September 2014. 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 $13M
- Total Rounds 1
- Last Round Series B — $13M
- First Round $13M
(Sep 2014)
- Investors Count 1
All 1 funding rounds of Spark 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 |
|---|---|---|---|---|---|
| Sep 2014 | $13M | Series B | – | Indostar Capital Finance | – |
1 investors in total: 1 institutional.
Investors in Spark Group
Spark Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Indostar Capital Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate, infrastructure, vehicle, home, and SME financing are provided. | 2009 | indostarcapital.com | Mumbai, India |
Investor details for Spark Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Spark Developers Private Limited (Spark Group)
Spark Developers Private Limited is the primary company behind Spark Group. The boards of the 3 registered companies of Spark Group currently have 7 directors; the longest-serving is Dattajirao Chudappa Desai, appointed in 2006. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dattajirao Chudappa Desai DIN 00677435 | Director | 12 Jan 2006 | 20 yrs 9 mo | Spark Builders And Infra Projects Private Limited |
| Pallavi Ajay Desai DIN 00677668 | Director | 12 Jan 2006 | 20 yrs 9 mo | Spark Builders And Infra Projects Private Limited |
| Sarojini Dattajirao Desai DIN 01449721 | Director | 12 Jan 2006 | 20 yrs 9 mo | Spark Builders And Infra Projects Private Limited |
| Ajay Dattajirao Desai DIN 00144035 | Director | 20 Sep 2018 | 8 yrs 1 mo | Desai Residency Private Limited, Spark Builders And Infra Projects Private Limited |
| Ranveer Ajay Desai DIN 10530499 | Director | 21 Jan 2025 | 1 yr 9 mo | Desai Residency Private Limited |
| Megha Deepak Kamble DIN 02174917 | Additional Director | 07 Aug 2025 | 1 yr 2 mo | Spark Developers Private Limited |
| Deepak Sakharam Kamble DIN 02174809 | Additional Director | 07 Aug 2025 | 1 yr 2 mo | Spark Developers Private Limited |
Financials of Spark Group
Figures of Spark Developers Private Limited, the primary company behind Spark Group, for FY 2023. Net loss was -₹32 Lakh (0% margin). EBITDA was -₹31.3 Lakh (0% margin).
- -₹32 LakhNet loss · 0% margin
- -₹31.3 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 8Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Spark Developers Private Limited are on its company page.
Detailed financial statements for Spark 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 Spark Group
2 dated milestones of Spark Group across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Spark Group is founded.
- Funding First funding round of $13.0M.
Competitors of Spark Group
Spark Group has 3 listed competitors in our database, 2 of them funded. They include Isprava, Oberoi Realty and Nagarjuna Construction Company.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| isprava.com | 1992 | Mumbai, India | $158.42M | 1,046 | Developer of luxury residential properties | |
| oberoirealty.com | 1980 | Mumbai, India | $152.4M | 942 | Premium residential building development services are provided. | |
| ncclimited.com | 1978 | Hyderabad, India | 31,392 | Commercial property development services are provided in India. |
Detailed competitors of Spark Group
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Spark 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 | 1,480 |
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Related news about Spark Group
Complete news archive for Spark Group
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Frequently Asked Questions about Spark Group
Spark Group was founded in 2000 and raised its 1st funding round 14 years after it was founded.
Spark Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Spark Group is a funded company, having raised a total of $13M across 1 funding round to date. The company's 1st funding round was a Series B of $13M, raised on Sep 2014.
Spark Group has 14 employees.
Spark Group was established in 2000 and is headquartered in Mumbai, India. Operations focus on the real estate sector, where luxury residential properties are developed and managed. Services encompass planning, construction, and delivery of high-end housing projects tailored to urban markets. The companys domain, sparkdevelopers.in, supports its activities in the Indian property landscape, with emphasis on quality standards and local geography.
Spark Group's top competitors include Isprava, Oberoi Realty and Nagarjuna Construction Company.
Spark Group offers Bileshwar Darshan, Anutham, Desai Oceanic, Desai Harmony, and Jyoti Palace.
Spark Group has 1 investor. Key investors include Indostar Capital Finance.
Spark Group is associated with 3 legal entities: Spark Developers Private Limited, Desai Residency Private Limited, Spark Builders And Infra Projects Private Limited.
The legal entities of Spark Group currently have 7 directors, including Ranveer Ajay Desai, Ajay Dattajirao Desai, Dattajirao Chudappa Desai and others.