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. Its primary sector is Real Estate & Infrastructure Developers. In India, the Real Estate & Infrastructure Developers sector has seen $365M 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 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

Isprava is a series B company based in Mumbai (India), founded in 1992 by Nibhrant Darshan Shah, Dhimaan Darshan Shah and Vaibhav Ranaware. 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 2096 active competitors, including 23 funded and 47 that have exited. Its top competitors include companies like Total Environment, Kalpataru and NeoLiv.

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 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 Luxury Realty Nine Llp CIN: AAW-5682 , India, Active	Apr 01, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	-

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	9822003	Series B	4249053	9834875	7186185	7277705
Nov 14, 2025	3758043	Conventional Debt	9519067	2989510	3710337	1937707
Jan 19, 2023	5885048	Series B	7449450	4078927	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
ksjmpoo	Independent board member	-	Current	4y 4m
ytt{uyo	Independent board member	-	Current	4y 2m
bdcoehd	Independent board member	-	Current	1y 7m
wsre{ep	Independent board member	-	Current	5y 1m
tyqjusg	Independent board member	-	Current	6y 6m
{asepvy	Independent board member	-	Past	4y 1m
sfjdvkq	Independent board member	-	Past	8y 5m
efrvupv	Independent board member	-	Past	6y 1m
pjasksl	Independent board member	-	Past	1y 2m

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 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	1960045	8398007	8125474	9395108
Nibhrant Darshan Shah	2342373	3838516	9291075	4554451	3622617	1091197
Fund	11.37%	138Cr	3945136	6716972	3089094	6843057
Enterprise	17.78%	216Cr	2171776	9493923	2423967	3783732
Angel	15.98%	194Cr	8936899	4619222	2287781	4793265
Bandi Parthasaradhi Reddy	0	0	0	0	0	0
Other People	33.96%	412Cr	6893791	7947075	4115412	4650375
ESOP Pool	5.87%	71.2Cr	41946	30244	44116	56174
Other Investors	2.84%	34.4Cr	31	28	76	62
Total	100.00%	1,210Cr	4681530	3355555	3306246	2034779