Get All Access for $5/mo

Bengaluru's White Lotus Group Raises INR 150 Cr From Luxe Port Group The amount will be used primarily fuel the organization's exponential growth, build 2.5 million sq.ft. of steady pipeline of bespoke luxury projects, strengthen the brand's presence in Bengaluru & expand into similar geographies of Hyderabad, Pune, Chennai and other major cities

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pavan Kumar, Founder & CEO, White Lotus Group.

Real estate company White Lotus Group has raised INR 150 crores funding round spearheaded by Dubai-based Luxe Port Group of Companies, a globally renowned name in the luxury lifestyle industry.

According to company, the amount raised will be allocated to primarily fuel the organization's exponential growth, build 2.5 million sq.ft. of steady pipeline of bespoke luxury projects, strengthen the brand's presence in Bengaluru & expand into similar geographies of Hyderabad, Pune, Chennai and other major cities. These funds will also be used towards innovation in technology and sustainability, further strengthening the leadership team.

"At White Lotus Group, our vision is to redefine luxury living, crafting iconic residential landmarks that embody elements of our brand - rare, timeless, and bespoke while maintaining a conscious touch. This funding serves as a catalyst in our journey, empowering us to replicate and scale our success in the bespoke luxury segment. By doing so, we are on the path to creating unparalleled living experiences and fulfilling the discerning desires of our esteemed clientele" said Pavan Kumar, Founder & CEO, White Lotus Group.

On this announcement, the MD & Chairman of Luxe Port Group, and the lead investor Padma Kumar, said, "We at Luxe Port have been looking at diversifying into other luxury lifestyle segments globally. White Lotus Group emerged to be a natural long-term strategic partner in luxury real estate. We are excited to join hands with Pavan, a serial entrepreneur with an IIT background and proven track record of delivering bespoke luxury projects with his energetic team, which felt like a natural fit."

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.