The White Lotus Group has raised Rs. 150 crores, funding from the Dubai-based Luxe Port Group of Companies. Its current portfolio stands at 0.5 million sq ft, which it plans on expanding to 2.5 million sq ft in 18 months. 

The capital raised through this funding will be allocated to fuel the company's growth, strengthen the brand's presence in Bengaluru & expand into Hyderabad, Pune, Chennai and other major cities. 

"As a business model, we keep it asset-light and always go for Joint developments with the right strategic partners. We look at leveraging capital to identify professional land aggregators who can become our long-term partners”, stated Pavan Kumar, founder & CEO of the company. 

These funds will also be used towards innovation in technology and sustainability, further strengthening the leadership team. 

Padma Kumar, MD & chairman of Luxe Port Group said, "We at Luxe Port have been looking at diversifying into other luxury lifestyle segments globally." 

White Lotus Group offers premium properties with unit prices commencing upwards of Rs 5 crore.