Construction-tech firm Knest raises Rs 300 crore from Lighthouse

Knest, a construction technology firm has raised Rs 300 crore in funding from Growth-stage private equity firm Lighthouse Funds.

The new funding will be used to speed up R&D, grow manufacturing capacity, and support backward integration within the company.

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"We are building far more than formwork—we are building the future of Indian construction, of high rises, sprawling skylines and sustainable urban ecosystems," said Nitin Mittal, Founder of Knest. "With this partnership, we gain not just capital but a like-minded partner in Lighthouse who shares our vision for innovation, operational excellence, and sustainability. Together, we aim to push the boundaries of construction technology in India and beyond."

"Knest exemplifies the kind of future-forward, mission-led company we love to back. They're fundamentally transforming how buildings go up. With a sharp focus on sustainability, safety, and speed, Knest is poised to lead the next wave of construction innovation in India,” said Sachin Bhartiya, Co-founder and Partner at Lighthouse Funds.

About Knest 

Founded in 2015, Pune-based Knest provides modern construction technologies that accelerate project delivery, enhance worker safety, and reduce environmental impact.

The company runs three advanced manufacturing units in Maharashtra and Gujarat, with an annual capacity of over 2 million square metres of aluminium formwork. It is also expanding its range of construction safety solutions.

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