Pune’s construction-tech firm Knest raises Rs 300 crore to deepen its R&D efforts

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Investment Details

  • Fund: Lighthouse Funds
  • Investor: Lighthouse Funds
  • Startup: Knest
  • Founders:
    • Nitin Mittal (Founder)
    • Sachin Bhartiya (Co-founder and Partner at Lighthouse Funds)
  • Fundraise Series: Not explicitly stated (possible Series A or similar)
  • Amount Raised: Rs 300 crore
  • Date of Fundraise: Not specified in the text, but the announcement is today (date would need to be confirmed separately).

Additional Information on Knest

  • Founded: 2015
  • Headquarters: Pune, India
  • Manufacturing Facilities: Three state-of-the-art facilities in Maharashtra and Gujarat.
  • Annual Capacity: Exceeding 2 million square metres of aluminium formwork.
  • Use of Funds: R&D efforts, expanding manufacturing capabilities, and ensuring quality and scale.

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2025-06-11 08:28:34