White Lotus Group Raises INR 150 Crores: A Game-Changer for Bengaluru’s Bespoke Luxury Real Estate Market
White Lotus Group, a distinguished name in Bengaluru’s bespoke luxury real estate space, has announced the successful completion of a significant INR 150 crores funding round. This funding round was led exclusively by Dubai-based Luxe Port Group of Companies, a globally renowned name in the luxury lifestyle industry. The substantial funding stands as a defining milestone, further solidifying the company’s preeminent position within Bengaluru’s bespoke luxury real estate landscape.
White Lotus Group: A Benchmark for Luxury Real Estate Development
Founded by Pavan Kumar, an alumnus of the Indian Institute of Technology (IIT) Madras, White Lotus Group is an epitome of luxury real estate development. The company caters to an elite clientele, including founders of successful start-up companies and CXOs of major corporates. White Lotus prides itself on a renowned portfolio, showcasing meticulously crafted projects within the most coveted neighborhoods of Bengaluru, with unit prices starting from INR 5 crores.
Strategic Allocation of Funding to Fuel Growth
The capital raised in this funding round will be strategically allocated to primarily fuel the organization’s exponential growth. The funds will be used to build 2.5 million sq.ft. of steady pipeline of bespoke luxury projects, strengthen the brand’s presence in Bengaluru, and expand into similar geographies in Hyderabad, Pune, Chennai, and other major cities. The funds will also be used for innovation in technology and sustainability, as well as further strengthening the leadership team.
A Vision to Redefine Luxury Living
“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.
A Natural Long-Term Strategic Partnership
Mr. Padma Kumar, MD & Chairman of Luxe Port Group, and the lead investor in the funding round, commented, “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.”
About White Lotus Group
White Lotus Group, led by IIT & IIM Alumni, has a renowned presence in the bespoke luxury real-estate development industry focused on transforming the residential landscape of Bengaluru with their innovative concept of ‘personal sanctuaries.’ White Lotus Group is committed to crafting homes that transcend traditional notions of living, offering residents a unique experience through conscious design and experiential aesthetics.
Orginal article: Link To Article – provided by Kansas City Realtors
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