White Lotus Group Secures INR 150 Crores in Funding, Elevates Bengaluru’s Luxury Real Estate Market

Bengaluru-based White Lotus Group has successfully concluded a noteworthy funding round, securing an impressive INR 150 crores. The funding, orchestrated exclusively by Luxe Port Group of Companies based in Dubai, marks a groundbreaking moment in the Indian real estate sector. Luxe Port Group, renowned globally for its presence in the luxury lifestyle industry, has ventured into Indian real estate for the first time, underscoring the significance of this partnership.

Founded by Pavan Kumar, an alumnus of the Indian Institute of Technology (IIT) Madras, White Lotus Group epitomizes luxury real estate development. Specializing in bespoke projects, the company caters to an exclusive clientele, including founders of successful startups and top executives of major corporations. With a portfolio featuring meticulously crafted projects in Bengaluru’s most sought-after neighborhoods, White Lotus Group sets itself apart with unit prices starting at INR 5 crores.

The capital raised in this funding round will be strategically deployed to fuel the organization’s exponential growth. White Lotus Group plans to construct 2.5 million sq.ft. of bespoke luxury projects, fortify its brand presence in Bengaluru, and extend its footprint to other cities like Hyderabad, Pune, Chennai, and beyond. The funds will also support technological innovation and sustainability initiatives, contributing to the enhancement of the company’s leadership team.

Pavan Kumar, Founder & CEO of White Lotus Group, expressed the company’s vision to redefine luxury living through iconic residential landmarks that embody rarity, timelessness, and a bespoke touch. He sees this funding as a catalyst for replicating and scaling success in the bespoke luxury segment, ultimately delivering unparalleled living experiences to the discerning desires of their esteemed clientele.

Padma Kumar, MD & Chairman of Luxe Port Group, and the lead investor, shared Luxe Port’s excitement about diversifying into luxury lifestyle segments globally. White Lotus Group emerged as a natural long-term strategic partner in the luxury real estate space due to Pavan’s entrepreneurial background and track record of delivering bespoke luxury projects.

White Lotus Group, led by IIT & IIM alumni, is committed to transforming Bengaluru’s residential landscape with its innovative concept of ‘personal sanctuaries.’ The company aims to go beyond traditional living notions, offering residents a unique experience through conscious design and experiential aesthetics.

———————————–

If you are a proptech company and want to promote your products, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

Explore more Proptech news at media.proptechbuzz.com