White Lotus Group Raises Rs.150cr to Develop Bespoke Structure in Bangalore

White Lotus Group has successfully completed a Rs. 150 crores funding round. Spearheaded by Dubai-based Luxe Port Group of Companies, White Lotus Group, founded by Pavan Kumar, an alumnus of Indian Institute of Technology (IIT) Madras, caters to an elite clientele comprising founders of successful start-up companies and CXOs of major corporates. White Lotus prides itself on its portfolio, with unit prices commencing upwards of Rs.5 crore.

The company will also use the capital to upgrade technology and strengthen the leadership team. The Bengaluru-based company will build a 2.5 million sq. ft. steady pipeline of bespoke luxury projects and expand in newer markets like Hyderabad, Pune, and Chennai.

According to MD and Chairman of Luxe Port Group, Padma Kumar, “We are looking to diversify into other luxury lifestyle segments globally. White Lotus Group emerged as a natural long-term strategic partner in luxury real estate. We are excited to join hands with the team.”  

Founder & CEO of White Lotus Group, Pavan Kumar, mentioned, “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,”

Padma Kumar, also opined, “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.”