Smartworld Developers Funding, Investors & Competitors

Smartworld Developers has raised $115M across 2 funding rounds, most recently a $84M undisclosed-stage round in September 2026.

Last Smartworld Developers funding round

$84M

Undisclosed stage · Sep 2026

Cumulative funding Smartworld Developers raised

$115M

across 2 funding rounds

Key investors in Smartworld Developers

  • Motilal Oswal Private Equity
  • Kotak Realty Fund

Smartworld Developers Overview

About Smartworld Developers

Smartworld Developers is a Gurugram-based real estate developer transforming urban living through technology-integrated residential projects. The company delivers townships like Smart World Gems and Paradise in the Delhi National Capital Region, featuring smart home automation, centralized delivery systems, and digital customer portals. Projects emphasize sustainable construction with rainwater harvesting and solar power. Founded in 2017, Smartworld Developers manages over 10 million square feet under development, targeting middle-income buyers with modular designs and app-based community management.


Founded

2020

HQ

IndiaGurgaon

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Smartworld Developers Funding History

Smartworld Developers has raised a total of $115M across 2 funding rounds.

Smartworld Developers' first fundraising round was a $30M undisclosed-stage round in October 2022. The most recent completed round was a $84M undisclosed-stage round in September 2026.

Smartworld Developers funding rounds

Smartworld Developers funding rounds
DateStageInvestorsRaisedDeal Summary
Sep 2026Undisclosed stageKotak Realty Fund (lead)$84MKotak Realty Fund agreed in September 2026 to invest approximately ₹800 crore (around $84 million) in Smartworld Developers’ Gurugram projects Smartworld Sky Arc and Trump Residences under Phase I of a strategic partnership. The funding supports two luxury residential developments in Sector 69, Gurugram, with a combined gross development value exceeding ₹8,200 crore and expected total sales revenue of about ₹8,200 crore. The investment is structured as project financing rather than a corporate acquisition. Smartworld Developers is promoted by the Bansal family and is an affiliate of M3M India. The partnership was announced on September 11, 2026.
Oct 2022Undisclosed stageMotilal Oswal Private Equity (lead)$30MSmartworld Developers, a Gurugram-based real estate firm established in 2021 by M3M Group promoters, raised Rs 250 crore (approximately $30 million) from Motilal Oswal Private Equity on October 30, 2022, as growth capital for existing housing projects and future expansion. The funds support development of launched projects Smartworld Orchard and Smartworld Gems, with plans to launch two more luxury projects in FY 2022-23 and enter markets like Mumbai MMR, Pune, Bengaluru, Goa, and Hyderabad. The company had prepaid Rs 400 crore from prior investors Piramal Group and IIFL. Smartworld Developers reported recorded sales exceeding Rs 4,000 crore across its projects, with a project pipeline worth Rs 25,000 crore and over 2.5 crore square feet development potential in the next five years. It aims to invest Rs 8,000-10,000 crore in Gurugram residential projects, targeting millennials post-COVID. Motilal Oswal Alternates, the investment arm, expressed bullishness on India's mid-income housing market. The transaction aligns with their real estate focus since 2009, managing over Rs 5,500 crore in assets.

Who has invested in Smartworld Developers?

2 investors have backed Smartworld Developers across its funding rounds, including Motilal Oswal Private Equity and Kotak Realty Fund.

Lead investors include Kotak Realty Fund and Motilal Oswal Private Equity.


Smartworld Developers Investors

Investors in Smartworld Developers by funding rounds participated
InvestorHQRoundsRoleFirst check

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Smartworld Developers Competitors

Smartworld Developers competitors include listed companies like Vingroup, Samsung C&T, Sun Hung Kai Properties and D.R. Horton, and private ones like Maple Leaf Sports & Entertainment and Hive Box.

Public and private companies comparable to Smartworld Developers
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
VingroupVietnamVietnamPublicly listed$13B$3.1B$70B5.0x
Samsung C&TSouth KoreaSouth KoreaPublicly listed$30B$3.8B$42B1.4x
Sun Hung Kai PropertiesHong KongHong KongPublicly listed$10B$4B$40B4.2x
D.R. HortonUnited StatesUnited StatesPublicly listed$34B$4.7B$39B1.4x
Maple Leaf Sports & EntertainmentCanadaTorontoPrivate--$15B-
Hive BoxChinaShenzhenPrivate--$3B-

Smartworld Developers Public Comps

Smartworld Developers is still privately-owned, but its public comps include Vingroup, Samsung C&T, Sun Hung Kai Properties, D.R. Horton, Goodman Group, Emaar Properties, Mitsubishi Estate, China State Construction Engineering, Mitsui Fudosan and China Resources Land.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Vingroup$13B$3.1B6.2x5.0x25.8x37.1x
Samsung C&T$30B$3.8B1.5x1.4x11.9x13.2x
Sun Hung Kai Properties$10B$4B4.8x4.2x12.4x12.4x
D.R. Horton$34B$4.7B1.3x1.4x9.5x10.4x
Goodman Group$1.8B-21.7x16.9x-20.0x
Emaar Properties$13B$6.9B2.0x1.9x3.9x4.0x
Mitsubishi Estate$11B$3.3B4.0x3.8x13.6x15.2x
China State Construction Engineering$310B$15B0.5x0.5x10.8x10.9x

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Common questions about Smartworld Developers

When was Smartworld Developers founded?Smartworld Developers was founded in 2020.
Where is Smartworld Developers headquartered?Smartworld Developers is headquartered in Gurgaon, India.
Is Smartworld Developers publicly listed?No, Smartworld Developers is a private, VC-backed company.
How much funding has Smartworld Developers raised?Smartworld Developers has raised $115M across 2 funding rounds.
What was Smartworld Developers' last funding round?Smartworld Developers' last funding round was a $84M undisclosed-stage round in September 2026, led by Kotak Realty Fund.
Who are Smartworld Developers' investors?Smartworld Developers' investors include Motilal Oswal Private Equity and Kotak Realty Fund.
Which companies are comparable to Smartworld Developers?Companies comparable to Smartworld Developers include Vingroup, Samsung C&T, Sun Hung Kai Properties, D.R. Horton, Maple Leaf Sports & Entertainment and Hive Box.

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