When was Isprava founded?

Isprava was founded in 1992 and raised its 1st funding round 16 years after it was founded.

Where is Isprava located?

Isprava is headquartered in Mumbai, India. It is registered at First Floor, 42A, Impression House G.D.Ambekar Marg, Wadala,Maharashtra,Mum, bai, Mumbai City, Mumbai, Maharashtra, India, 400031.

Who is the current CEO of Isprava?

Nibhrant Shah of Isprava. They have also founded 2 companies and are angel investors in 4 startups, including Lohono Stays and Themis.

Which legal entities is Isprava associated with?

Isprava is associated with ISPRAVA VESTA PRIVATE LIMITED and 2 others.

How many employees does Isprava have?

As of May 31, 2025, the latest employee count at Isprava is 1046.

Is Isprava a funded company?

Isprava is a funded company, having raised a total of $160M across 10 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Feb 22, 2008.

How much is Isprava worth?

The latest valuation of Isprava is ₹***** as of Jan 23, 2023.

When was the latest funding round of Isprava?

Isprava's latest funding was a $***** Series B round on Nov 17, 2025, with participation from 1 investor. Its primary sector is Real Estate & Infrastructure Developers. In India, the Real Estate & Infrastructure Developers sector has seen $295M in funding in 2026 to date.

What is the annual revenue of Isprava?

Annual revenue of Isprava is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Isprava rank among its competitors?

Isprava ranks 1st amongst 1462 active competitors, of which 23 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Isprava, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Isprava?

Isprava's top competitors include NeoLiv, Total Environment and Kalpataru. Among them, Isprava secured the most recent funding round in November, 2025.

Isprava - 2026 Company Profile, Team, Funding, Competitors & Financials

Isprava is a series B company based in Mumbai (India), founded in 1992 by Nibhrant Shah and Dhimaan Shah. It operates as a Developer of luxury residential properties. Isprava has raised $160M in funding from investors like Guardian Advisors, Burman Family and Nadir Godrej, with a current valuation of ₹*****. The company has 1462 active competitors, including 23 funded and 37 that have exited. Its top competitors include companies like NeoLiv, Total Environment and Kalpataru.

Company Details

Developer of luxury residential properties. It specializes in building bespoke luxury homes and villas in exclusive, naturally beautiful locations. The company is recognized for its focus on exclusivity, comfort, and integrity, crafting bespoke villas that combine high design, sustainable practices, and best-in-class service. They also offer rental services for their villas through their partnered brand.

Website: www.isprava.com/
Social
Email ID: *****@isprava.com
Phone Number: +91 **********
Registered Address: First Floor, 42A, Impression House G.D.Ambekar Marg, Wadala,Maharashtra,Mum, bai, Mumbai City, Mumbai, Maharashtra, India, 400031

Key Metrics

Founded Year

1992

Location

Mumbai, India

Stage

Series B

Total Funding

$160M in 10 rounds

Latest Funding Round

Series B, Nov 17, 2025, $*****

Post Money Valuation

₹***** as on Jan 23, 2023

Investors

Guardian Advisors & 91 more

Ranked

1^st among 1462 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,046 as on May 31, 2025

Investment & Acquisitions

Lohono Stays

Similar Companies

NeoLiv & 2904 more

View Isprava's full profile

Isprava is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
ISPRAVA DECOR PRIVATE LIMITED CIN: U74999MH2020PTC339862 , India, Active	May 20, 2020	$1M - $10M (As on Mar 31, 2025)	3385 (As on Jul 31, 2025)
ISPRAVA VESTA PRIVATE LIMITED CIN: U74900MH1992PTC065539 , India, Active	Feb 21, 1992	$50M - $100M (As on Mar 31, 2025)	1045 (As on Feb 01, 2026)
Isprava Luxury Realty Nine Llp CIN: AAW-5682 , India, Active	Mar 31, 2021	-	-

Isprava has raised a total funding of $160M over 10 rounds. Its first funding round was on Feb 22, 2008. Its latest funding round was a Series B round on Nov 17, 2025 for $*****. 1 investor participated in its latest round. Isprava has 34 institutional investors and 58 angel investors.

Here is the list of recent funding rounds of Isprava:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 17, 2025	2872889	Series B	1223902	3728624	3658464	3893698
Nov 14, 2025	5776085	Conventional Debt	8492888	3023250	4599982	3915467
Jan 19, 2023	2719516	Series B	6018580	8390592	Symphony Luxre Holdings & 1 more	Kamrup Enterprise & 8 more

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View details of Isprava's funding rounds and investors

The founders of Isprava are Nibhrant Shah and Dhimaan Shah. Nibhrant Shah is the CEO of Isprava.

Here are the details of Isprava's key team members:

Nibhrant Shah: Co-Founder & CEO of Isprava and founder of 2 other companies, Lohono Stays and Themis. They are also an angel investor in 4 startups and serve on the boards of 3 companies.
Contact Info: 2 email addresses
Dhimaan Shah: Co-Founder of Isprava and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 1 email address

Isprava's Board of Directors

Isprava's board has 8 active members. Nibhrant Shah and Dhimaan Shah are part of team and Darshan Ramnik Shah, Rohan Lamba, Nadir Godrej, Madhavan Menon, Madhavan Menon Karunakaran and Vera Farhad Choksey are independent board members.

Here is the list of Isprava's board of directors:

Name	Type	Representing	Status	Duration
Nibhrant Shah	Team	-	Current	11y 7m
Dhimaan Shah	Team	-	Current	11y 7m
Darshan Ramnik Shah	Independent board member	-	Current	34y 2m
e{xzqiw	Independent board member	-	Current	7y 2m
qeqdckk	Independent board member	-	Current	9y 9m
vuahqrs	Independent board member	-	Current	1y 9m
apgftlq	Independent board member	-	Current	5y 4m
kjtnjkc	Independent board member	-	Current	9y 7m
gvpse{t	Independent board member	-	Past	9y 5m
pmotvqs	Independent board member	-	Past	1y 1m
grrcagz	Independent board member	-	Past	8y 9m
jvzugt{	Independent board member	-	Past	8y 3m

View details of Isprava's Founder profiles and Board Members

Isprava's employee count trend

Isprava has 1,046 employees as of May 25. Here is Isprava's employee count trend over the years:

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Top competitors of Isprava include NeoLiv, Total Environment and Kalpataru. Here is the list of Top 10 competitors of Isprava, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Isprava 1992, Mumbai (India), Series B	Developer of luxury residential properties	$160M	Hillhouse, Burman Family & 90 others	74/100
2nd	NeoLiv 2023, Mumbai (India), Series A	Provider of tech-enabled integrated residential real estate property management solutions	$9.65M	360 One, Madhu Silica & 5 others	64/100
3rd	Total Environment 1996, Bengaluru (India), Series C	-	$179M	Brookfield Asset Management, ACG Group & 18 others	62/100
4th	Kalpataru 1969, Mumbai (India), Public	Provider of real estate development services	-	Brand Capital	61/100
5th	Arkade 1984, Mumbai (India), Public	Developer of residential properties	$3.49M	Graciercommodities, Actionvinimay & 12 others	60/100
6th	Shriram Properties 2000, India, Public	Developer of residential properties	$642M	Tata Opportunities Fund, ASK Group & 12 others	59/100
7th	TVS Group 1911, Chennai (India), Unfunded	Provider of residential real estate development services	-	-	58/100
8th	Panchshil 2002, Pune (India), Funding Raised	Developer of residential building	-	Brand Capital	57/100
9th	Central Park 1999, Gurugram (India), Series A	Provider of real estate development services	$14.8M	Bpcd Holdings, Fortune Victory & 10 others	55/100
10th	GeeCee Ventures 1984, Mumbai (India), Public	Developer of residential and commercial properties, providing contemporary living and workspaces	-	-	54/100

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Founders own 12.19%, Funds own 11.37%, Enterprises (largest shareholder) own 17.78% and Angels own 15.98%. The net worth of Isprava's founders is INR 148Cr as of Jan 23, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	12.19%	148Cr	5073866	2684336	7545356	2947018
Nibhrant Shah	9276992	5068356	2111082	3036323	5612797	2470850
Fund	11.37%	138Cr	4954376	6298161	3438816	7104486
Enterprise	17.78%	216Cr	4842353	2933827	3784894	3217475
Angel	15.98%	194Cr	9106186	2088750	7625787	5385334
Bandi Parthasaradhi Reddy	0	0	0	0	0	0
Other People	33.96%	412Cr	5151762	5354088	1565093	8916094
ESOP Pool	5.87%	71.2Cr	65532	25198	25666	49386
Other Investors	2.84%	34.4Cr	18	96	20	55
Total	100.00%	1,210Cr	1209845	2005940	3659513	7592231