The Isprava Group, known for creating and managing luxury villas across India has recently raised Rs 160 crores through a round of funding led by Symphony International Holdings and others. The company intends to use the money raised for both brands; Isprava and Lohono Stays to increase their footprint across India and other key countries. They intend to develop and broaden their brand presence and explore the use of technology for product development in the near future. Both brands are said to have witnessed an exponential growth in the last couple of years, more than doubling their operations.
Isprava is a luxury villa development and real estate company based in India. The company focuses on developing high-end, sustainable villas and holiday homes in some of the most sought-after locations in the country. Isprava's portfolio includes projects in Goa, Kerala, Maharashtra and Tamil Nadu, with a focus on creating villas and holiday homes that are designed to blend seamlessly with their natural surroundings. The company's mission is to create luxury homes that are not only beautiful, but also eco-friendly and sustainable. They offer a wide range of services and amenities, including property management, concierge services, and rental management.
Lohono Stays is a luxury vacation rental company. They offer a curated collection of villas, apartments, and cottages for short-term rental in some of the most popular tourist destinations in India and aborad. They focus on providing a high-end, personalized experience for guests by offering a wide range of services and amenities such as concierge service, private chefs, and in-villa spa treatments. They also feature properties that are designed to blend seamlessly with their natural surroundings and that offer guests a unique and authentic experience.
Isprava has delivered over 150 homes so far, with another 250 currently under construction in locations such as Goa, Kasauli, Nilgiris and Alibaug. Lohono Stays has over 200 properties in India with another 250 properties in Phuket, Maldives and Bali.