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Adarsh Developers - About the company

Adarsh Developers is a funded company based in Bengaluru (India), founded in 1988 by B M Karunesh and B M Jayeshankar. It operates as a Developer of residential, commercial & hospitality properties. Adarsh Developers has raised an undisclosed amount in funding. The company has 16445 active competitors, including 221 funded and 1390 that have exited. Its top competitors include companies like Emaar, SILA and M3M India.

Company Details

Social
X
Email ID
*****@adarshdevelopers.com
Phone Number
+91 **********
Registered Address
No. 2/4, Langford Garden, Richmond Town, Bangalore, Bengaluru, Karnataka, India, 560025
Key Metrics
Founded Year
1988
Location
Bengaluru, India
Stage
Funding Raised
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
648 as on May 31, 2026
Investment & Acquisitions
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Adarsh Developers's funding and investors

Adarsh Developers has raised funding over 2 rounds. Its first funding round was on Nov 30, 2016. Its latest funding round was a Conventional Debt round on Feb 07, 2019 for $*****. 4 investors participated in its latest round. Adarsh Developers has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Adarsh Developers:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 07, 2019
7745984
Conventional Debt
6765664
5672871
1530969
2693632
Nov 30, 2016
6104125
Conventional Debt
9510556
5474171
4197061
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Adarsh Developers' founders and board of directors

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The founders of Adarsh Developers are B M Karunesh and B M Jayeshankar.
Here are the details of Adarsh Developers' key team members:

Adarsh Developers' Board of Directors

Adarsh Developers's board has 3 active members. B M Karunesh, B M Jayeshankar and Sudha Jayashankar are part of team.
Here is the list of Adarsh Developers' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
22y 6m
Team
-
Current
29y 8m
Team
-
Current
29y 8m

Adarsh Developers' employee count trend

Adarsh Developers has 648 employees as of May 26. Here is Adarsh Developers's employee count trend over the years:
Employee count trend for Adarsh Developers
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Adarsh Developers's Competitors and alternates

Top competitors of Adarsh Developers include Emaar, SILA and M3M India. Here is the list of Top 10 competitors of Adarsh Developers, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Emaar
Emaar
1997, Dubai (United Arab Emirates), Public
Provider of real estate development properties
$98M
82/100
2nd
Logo for SILA
SILA
2010, Mumbai (India), Series A
Provider of facility management, material handling, food catering, real estate advisory, and development services
$118M
76/100
3rd
Logo for M3M India
M3M India
2010, Gurugram (India), Series D
Provider of real estate and commercial project development services
$538M
73/100
4th
Logo for Godrej Properties
Godrej Properties
1990, Mumbai (India), Public
Developer of residential & commercial properties
-
72/100
5th
Logo for Wanda Group
Wanda Group
1988, Beijing (China), Late Stage
Provider of commercial hotels, resorts, and apartments management & development services
$7B
72/100
6th
Logo for Vingroup
Vingroup
1993, Hanoi (Vietnam), Public
Provider of real estate development and management services
-
68/100
7th
Logo for Marcus& Millichap
Marcus& Millichap
1971, Reno (United States), Public
Commercial real estate investment brokerage and capital markets services firm
-
-
67/100
8th
Logo for Max Estates
Max Estates
2016, Noida (India), Public
Provider of residential & commercial development services
-
-
67/100
9th
Logo for Nagarjuna Construction Company
Nagarjuna Construction Company
1978, Hyderabad (India), Public
Provider of commercial property development services
-
66/100
10th
Logo for Lendlease
Lendlease
1958, Melbourne (Australia), Public
Provider of sustainable project development services
-
66/100
70th
Logo for Adarsh Developers
Adarsh Developers
1988, Bengaluru (India), Funding Raised
Developer of residential, commercial & hospitality properties
-
56/100
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Adarsh Developers's Investments and acquisitions

Adarsh Developers has a total of 1 investment in ZiPi. Adarsh Developers has not made any acquisitions as of now.

Reports related to Adarsh Developers

Here is the latest report on Adarsh Developers's sector:

News related to Adarsh Developers

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Media has covered Adarsh Developers for 1 event in last 1 year.
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