Elara Group
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Elara Group - overview
Established
2017
Location
Gurgaon, Haryana, India
Primary Industry
Internet
About
Founded in 2017 and based in Gurgaon, India, Elara Group formed through PropTiger. com and Housing. com (Locon Solutions Pvt. Ltd.
) operate as an online platform for real estate sellers with buyers, offering services like virtual viewings, site visits, negotiations, property registration, and home loans..
Current Investors
Lightspeed Venture Partners, Blume Ventures, CyberAgent Capital
Primary Industry
Internet
Sub Industries
Search Engines, Web Applications
Verticals
Real Estate Tech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Elara Group - timeline of key events

Elara Group - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 79,317,625 | 229,803,435 | 317,522,810 | 226,339,494 | 77,771,245 | 18,266,342 | 6,990,547 | 1,374,709 | 574,198 | - | - | - |
| % Revenue Growth (YoY) | - | 189.7% | 38.2% | (28.7%) | (65.6%) | (76.5%) | (61.7%) | (80.3%) | (58.2%) | - | - | - |
| EBITDA (USD) | (84,921,045) | - | (123,107,797) | (29,486,950) | (138,817,628) | (12,567,530) | 8,170,262 | 1,398,663 | 4,059,984 | - | - | - |
| Operating Income (USD) | (86,273,668) | - | (123,107,797) | (32,636,106) | (139,909,760) | (13,589,147) | 7,077,340 | 1,073,105 | 3,991,955 | - | - | - |
| Operating Margin | (108.8%) | - | (38.8%) | (14.4%) | (179.9%) | (74.4%) | 101.2% | 78.1% | 695.2% | - | - | - |
| % EBITDA Margin | (107.1%) | - | (38.8%) | (13.0%) | (178.5%) | (68.8%) | 116.9% | 101.7% | 707.1% | - | - | - |
| NET Income (USD) | (86,273,668) | (138,533,942) | (122,074,220) | (32,355,130) | (139,358,730) | (13,501,598) | 7,205,182 | 1,187,401 | 4,124,893 | - | - | - |
| % Net Margin | (108.8%) | (60.3%) | (38.4%) | (14.3%) | (179.2%) | (73.9%) | 103.1% | 86.4% | 718.4% | - | - | - |
Elara Group - employee data


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