Latest Isprava News
Jan 25, 2023
Share Isprava Group , a luxury home developer and home rental company, has raised more than $19.5 million in fresh funding. The investment in the Mumbai, India-based company is led by Symphony International Holdings. The funds will go towards acquisitions and development in new markets in India as well as internationally. Isprava operates the Isprava brand for property development and Lohono Stays brand for luxury rentals with homes in non-urban locations. Get a dose of digital travel in your inbox each day Subscribe to our newsletter below Submit According to a release, Lohono Stays has 200 properties in India and a further 250 across Southeast Asia. Nibhrant Shah, co-founder and CEO of Isprava Group, says: “Isprava and Lohono Stays have both witnessed exponential growth in the last few years. We have grown 104% year-over-year since 2017-2018.” Dhimaan Shah, co-founder and COO, says demand for luxury homes in non-urban locations has increased significantly in the past three years. He also says that the growing number of high net worth individuals in India is helping fuel the demand and will “further cement” the Isprava Group’s position. In April 2022, the company raised $130 million, saying it planned to drive growth with the investment.
Isprava Frequently Asked Questions (FAQ)
When was Isprava founded?
Isprava was founded in 2016.
Where is Isprava's headquarters?
Isprava's headquarters is located at G D Ambekar Marg, Kohinoor Mill, Wadala, Mumbai.
What is Isprava's latest funding round?
Isprava's latest funding round is Unattributed.
How much did Isprava raise?
Isprava raised a total of $147.05M.
Who are the investors of Isprava?
Investors of Isprava include Symphony, Godrej Family office, Burman Family Holdings, Anand Piramal, Taparia Family and 3 more.
Who are Isprava's competitors?
Competitors of Isprava include HDFC and 4 more.
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