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 Darshan 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.

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 2096 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 NeoLiv, which secured $49.2K in Mar, 2026.

Who are the top competitors of Isprava?

Isprava's top competitors include Total Environment, Kalpataru and NeoLiv. Among them, NeoLiv secured the most recent funding round in March, 2026.

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

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 2096 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

Bozzuto & 3285 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 Luxury Realty Nine Llp CIN: AAW-5682 , India, Active	Apr 01, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	-
ISPRAVA DECOR PRIVATE LIMITED CIN: U74999MH2020PTC339862 , India, Active	May 20, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	3385 (As on Jul 31, 2025)
ISPRAVA VESTA PRIVATE LIMITED CIN: U74900MH1992PTC065539 , India, Active	Feb 21, 1992	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1146 (As on May 01, 2026)

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	1815061	Series B	3089632	4146802	9436345	2700749
Nov 14, 2025	7467733	Conventional Debt	8933192	3568876	5734775	2584388
Jan 19, 2023	7947825	Series B	3460437	9088454	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 Darshan Shah, Dhimaan Darshan Shah and Vaibhav Ranaware. Nibhrant Shah and Nibhrant Darshan Shah are the CEOs of Isprava.

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

Nibhrant Darshan 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 and 1 phone number
Dhimaan Darshan Shah: 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 and 1 phone number
Vaibhav Ranaware: Founder of Isprava.
Contact Info: 1 email address

Isprava's Board of Directors

Isprava's board has 8 active members. Nibhrant Darshan Shah and Dhimaan Darshan Shah are part of team and Darshan Ramnik Shah, Rohan Lamba, Nadir Burjor 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 Darshan Shah	Team	-	Current	11y 11m
Dhimaan Darshan Shah	Team	-	Current	11y 11m
Darshan Ramnik Shah	Independent board member	-	Current	34y 6m
mkd{toa	Independent board member	-	Current	6y 4m
foogavw	Independent board member	-	Current	9y 3m
eqi{ljh	Independent board member	-	Current	4y 1m
osvzenj	Independent board member	-	Current	8y 5m
zsbd{pq	Independent board member	-	Current	4y 5m
ckbrkxs	Independent board member	-	Past	1y 3m
hawaecn	Independent board member	-	Past	8y 7m
nmvjtcb	Independent board member	-	Past	1y 7m
phqmnyl	Independent board member	-	Past	6y 9m

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 Total Environment, Kalpataru and NeoLiv. 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	Total Environment 1996, Bengaluru (India), Series C	Developer of luxury residential properties	$179M	Brookfield Asset Management, ACG & 18 others	61/100
3rd	Kalpataru 1969, Mumbai (India), Public	Provider of real estate development services	-	Brand Capital	60/100
4th	NeoLiv 2023, Mumbai (India), Series A	Integrated residential real estate platform focusing on middle-income housing in key urban markets	$9.7M	360 One, Madhu Silica & 6 others	60/100
5th	Arkade 1984, Mumbai (India), Public	Developer of residential properties	$3.49M	Actionvinimay, Graciercommodities & 12 others	60/100
6th	Panchshil 2002, Pune (India), Funding Raised	Developer of residential building	-	Brand Capital	59/100
7th	Shriram Properties 2000, India, Public	Developer of residential properties	$642M	Tata Opportunities Fund, ASK Group & 12 others	58/100
8th	Primus Life 2006, Bengaluru (India), Seed	Provider of senior and multigenerational living communities	$20M	General Catalyst, Gruhas & 1 others	55/100
9th	TVS Group 1911, Chennai (India), Unfunded	Provider of residential real estate development services	-	-	54/100
10th	Modis Nirman 2010, Mumbai (India), Public	Provider of residential real estate developers services	-	-	52/100

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Founders (largest shareholder) own 24.31%, Funds own 11.37%, Enterprises own 17.78% and Angels own 15.98%. The net worth of Isprava's founders is INR 295Cr as of Jan 23, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	24.31%	295Cr	1887951	8783800	7024661	5727856
Nibhrant Darshan Shah	5315956	1421936	1828712	5787996	8538791	5578371
Dhimaan Darshan Shah	8651646	6934060	2166731	9921059	9061259	5617001
Fund	11.37%	138Cr	3708143	3869333	9928726	2147886
Enterprise	17.78%	216Cr	7134575	1720254	9777565	8797768
Angel	15.98%	194Cr	9052034	9574953	6320560	6443443
Bandi Parthasaradhi Reddy	0	0	0	0	0	0
Other People	21.84%	265Cr	4337622	9866245	7992728	5533621
ESOP Pool	5.87%	71.2Cr	44162	19181	15870	96389
Other Investors	2.84%	34.4Cr	60	10	47	80
Total	100.00%	1,210Cr	4742392	5139707	3920260	7808739