When was Knest founded?

Knest was founded in 2014 and raised its 1st funding round 11 years after it was founded.

Where is Knest located?

Knest is headquartered in Mumbai, India. It is registered at Shop No 09 Ground Floor Jewel Square, Koregaon Park, Pune, Pune, Pune City, Maharashtra, India, 411001.

Who is the current CEO of Knest?

Ashish Agarwal and Nitin Mittal s of Knest. Ashish Agarwal has also founded 1 company.

Which legal entities is Knest associated with?

Knest is associated with KNEST MANUFACTURERS PRIVATE LIMITED and 1 other.

How many employees does Knest have?

As of Aug 31, 2025, Knest has 966 employees, reflecting a 2% year-over-year growth in headcount.

Is Knest a funded company?

Knest is a funded company, having raised a total of $***** in its 1st and only funding round, a Series C round on Jun 11, 2025.

How much is Knest worth?

The latest valuation of Knest is ₹***** as of Jul 03, 2025.

When was the latest funding round of Knest?

Knest's latest funding was a $***** Series C round on Jun 11, 2025, with participation from 1 investor. Its primary sector is Building Materials. Globally, the Building Materials sector has seen $6.28B in funding in 2026 to date.

What is the annual revenue of Knest?

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

Where does Knest rank among its competitors?

Knest ranks 41st amongst 16651 active competitors, of which 40 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was AllHome, which secured $21.2M in Dec, 2025.

Who are the top competitors of Knest?

Knest's top competitors include Quanex, Armstrong World Industries and AeroShield. Among them, AllHome secured the most recent funding round in December, 2025.

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

Company Details

Manufacturer of aluminium formwork solutions for real estate and infrastructure projects. The company provides monolithic, vertical, and deck system formwork. These offerings cater to diverse construction needs. The company focuses on design, technology, and innovation. It aims to deliver solutions for developers.

Website: www.knest.in/
Social
Email ID: *****@knestaluform.in
Phone Number: +91 **********
Registered Address: Shop No 09 Ground Floor Jewel Square, Koregaon Park, Pune, Pune, Pune City, Maharashtra, India, 411001

Key Metrics

Founded Year

2014

Location

Mumbai, India

Stage

Series C

Total Funding

$35.2M in 1 round

Latest Funding Round

Series C, Jun 11, 2025, $*****

Post Money Valuation

₹***** as on Jul 03, 2025

Investors

Lighthouse

Ranked

41^st among 16651 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

966 as on Aug 31, 2025

Similar Companies

AeroShield & 12453 more

View Knest's full profile

Knest is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
KNEST MANUFACTURERS PRIVATE LIMITED CIN: U25112MH2023PTC434678 , India, Active	Dec 05, 2023	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	993 (As on May 01, 2026)
KNEST CONSTRUCTIONS LLP CIN: AAR-3288 , India, Active	Dec 17, 2019	₹50 - ₹100 Cr (As on Mar 31, 2025)	-

Knest has raised a total funding of $35.2M over 1 round. Its latest funding round was a Series C round on Jun 11, 2025 for $*****. 1 investor participated in its latest round. Knest has 1 institutional investor.

Here is the list of recent funding rounds of Knest:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 11, 2025	8595216	Series C	5226750	1880824	5561553	6415202

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View details of Knest's funding rounds and investors

The founders of Knest are Ashish Agarwal, Nitin Mittal and Prashant Agarwal. Nitin Mittal and Ashish Agarwal are the CEOs of Knest.

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

Ashish Agarwal: Co-Founder & Co-CEO of Knest.
Contact Info: 1 email address
Nitin Mittal: Co-Founder & Co-CEO of Knest.
Contact Info: 1 email address
Prashant Agarwal: Co-Founder & Director of Knest.
Contact Info: 1 email address

Knest's Board of Directors

Knest's board has 5 active members. Prashant Suryaprakash Agarwal, Nitin Surendra Mittal and Ashish Suryaprakash Agarwal are part of team and Amitabha Mukhopadhyay and Surendra Jagannath Mittal are independent board members.

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

Name	Type	Representing	Status	Duration
Prashant Suryaprakash Agarwal	Team	-	Current	2y 10m
Ashish Suryaprakash Agarwal	Team	-	Current	2y 10m
hziomhr	Team	-	Current	4y 9m
Amitabha Mukhopadhyay	Independent board member	-	Current	1y 3m
xiuednj	Independent board member	-	Current	8y 6m

View details of Knest's Founder profiles and Board Members

Knest's employee count trend

Knest has 966 employees as of Aug 25. The total employee count is 2.0% more than what it was in Aug 24. Here is Knest's employee count trend over the years:

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Top competitors of Knest include Quanex, Armstrong World Industries and AeroShield. Here is the list of Top 10 competitors of Knest, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quanex 1927, Houston (United States), Public	Manufacture and Retailer of home appliances	-	-	61/100
2nd	Armstrong World Industries 1860, Lancaster (United States), Public	Provider of ceiling and wall solutions for commercial and residential spaces	-	-	61/100
3rd	AeroShield 2019, Mattapan (United States), Series A	Provider of insulated window panes	$16M	Masscec, MassVentures & 11 others	61/100
4th	GreenFortune Windows and Doors 2022, Hyderabad (India), Seed	Manufacturer of uPVC windows and doors	$9.13M	partners-fund.net, Titan Capital & 9 others	61/100
5th	MI Windows and Doors 1947, Gratz (United States), Acquired	Manufacturer of windows & doors	-	Koch Equity Development, ShoreView Industries	58/100
6th	VELUX Group 1941, Horsholm (Denmark), Funding Raised	Supplier of roof windows and accessories for buildings	-	Europa	57/100
7th	METRIE 1926, Unfunded	Manufacturer of interior moulding and millwork products for residential construction	-	-	57/100
8th	PORCELANOSA 1973, Villarreal (Spain), Unfunded	Provider of tiles, bathroom, and kitchen equipment with a wide range of products	-	-	55/100
9th	Howdens 1995, London (United Kingdom), Public	Manufacturer of fitted kitchen cabinetry and associated joinery hardware products	-	-	55/100
10th	AllHome 2025, Mumbai (India), Series B	Provider of interior design and architecture planning services through a collective of specialist brands covering multi-categories of home improvement products	$46.5M	Bessemer Venture Partners, HIFAB & 52 others	55/100
41st	Knest 2014, Mumbai (India), Series C	Manufacturer of aluminium formwork solutions for real estate and infrastructure projects	$35.2M	Lighthouse	45/100

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KNEST MANUFACTURERS PRIVATE LIMITED, the legal entity associated with Knest, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of KNEST MANUFACTURERS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 301% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24
Income Statement
Revenue	4344	7802
Total Sales	3251	8721
Total Expenses	4017	3987
Operating Expenses	9029	9152
Employee Expenses	1820	1465
Marketing Expenses	7160	7625
Operating Income (EBIT)	9913	4183
Interest Expenses	5354	2252
Expenses from other activities	5794	1785
EBITDA	5525	4254
Taxes	7138	1778
Net Profit	2218	3226
Balance Sheet
Assets	8798	3036
Cash Equivalent	6903	3257
Accounts Receivables	8264	5903
Inventory	1162	7170
Liabilities	5031	2434
Total Debt	5094	4695
Accounts Payable	1928	1744
Equities	6585	4470
Cashflow Statement
Cash from Operating activities	5380	9910
Cash from Investing activities	7166	2036
Net cash from Financing activities	8115	4294