• Startup Pulse
    Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating.
  • Kolte-Patil Developers Reports Record FY25 Revenue of INR 1764 Crore

    Kolte-Patil Developers

    Pune: Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL), one of India’s leading real estate companies with a dominant presence in Pune and expanding operations in Mumbai and Bengaluru, has announced a stellar performance for FY25, delivering its highest-ever annual revenue and record-breaking financial metrics across the board.

    The company reported a 27% YoY growth in total income, reaching ₹1,764 crore, while collections rose 18% YoY to ₹2,432 crore.

    Notably, EBITDA surged 252% year-on-year to ₹227 crore, reflecting strong execution, disciplined pricing, and healthy customer engagement.

    “FY25 has been a milestone year,” said Atul Bohra, Group CEO, Kolte-Patil Developers. “From achieving ₹880 crore in operating cash flows to launching high-value projects and maintaining premium realization, we’ve laid a strong foundation for multi-year growth. Our Life Republic township remains a cornerstone of our strategy, contributing 1.9 million sq. ft. in volumes alone.”

    FY25 Financial & Operational Highlights – Kolte-Patil Developers
    • Revenue: ₹1,764 crore (↑ 27% YoY)
    • Collections: ₹2,432 crore (↑ 18% YoY)
    • EBITDA: ₹227 crore (↑ 252% YoY)
    • FY25 Sales Value: ₹2,791 crore
    • New Launches: ~₹4,000 crore GDV
    • New Land Acquisition: ~22 acres in Pune with ₹4,000 crore GDV potential

    Despite a marginal YoY dip in volume, average realization improved by 8%, standing at ₹7,758 per sq. ft. This growth reinforces Kolte-Patil’s strategy of value-driven development, which continues to resonate with mid-income and luxury buyers alike.

    The company also strengthened its development pipeline by acquiring a strategic 22-acre joint development project in Pune, expected to yield ₹4,000 crore in future GDV. These developments align with India’s resilient residential demand and the company’s focus on delivering differentiated living experiences.

    A Trusted Name in Indian Real Estate

    Founded in 1991, Kolte-Patil Developers has delivered over 68 residential and commercial projects, covering 30+ million sq. ft. across Pune, Mumbai, and Bengaluru. It operates under two distinct brands—Kolte-Patil for mid-income housing and 24K for luxury projects. The firm is recognized for its sustainability credentials, strong balance sheet, and collaborations with global investors like KKR, JP Morgan, Motilal Oswal, and Marubeni Corporation.

    With a reputation for timely delivery, design excellence, and corporate transparency, Kolte-Patil Developers continues to position itself as a frontrunner in India’s real estate growth story.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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