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- Smartworld Developers
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
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
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2026 | Undisclosed stage | Kotak Realty Fund (lead) | $84M | Kotak 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 2022 | Undisclosed stage | Motilal Oswal Private Equity (lead) | $30M | Smartworld 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSmartworld 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $13B | $3.1B | $70B | 5.0x | ||
| Publicly listed | $30B | $3.8B | $42B | 1.4x | ||
| Publicly listed | $10B | $4B | $40B | 4.2x | ||
| Publicly listed | $34B | $4.7B | $39B | 1.4x | ||
| Private | - | - | $15B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $13B | $3.1B | 6.2x | 5.0x | 25.8x | 37.1x | |||
| $30B | $3.8B | 1.5x | 1.4x | 11.9x | 13.2x | |||
| $10B | $4B | 4.8x | 4.2x | 12.4x | 12.4x | |||
| $34B | $4.7B | 1.3x | 1.4x | 9.5x | 10.4x | |||
| $1.8B | - | 21.7x | 16.9x | - | 20.0x | |||
| $13B | $6.9B | 2.0x | 1.9x | 3.9x | 4.0x | |||
| $11B | $3.3B | 4.0x | 3.8x | 13.6x | 15.2x | |||
| $310B | $15B | 0.5x | 0.5x | 10.8x | 10.9x | |||
This data is available for Pro users. Sign up to see all Smartworld Developers competitors and their valuation data. Start Free Trial | ||||||||
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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