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Hindustan Media Ventures Limited invests USD 5.5 million in Zvesta
MUMBAI: Gurugram based, Zvesta, a proptech start-up has raised USD 5.5 million from Hindustan Media Ventures. Zvesta is a 360-degree comprehensive AI-powered real-estate solutions company which is innovatively designed for buyers, sellers, developers, builders and property agents. Zvesta shall utilise the raised capital to build its brand and collaborative marketing for real estate aggregation across the country.
Zvesta is a marketplace where all the stakeholders connect on a real time basis to make clear and transparent deals through SaaS based platform, which provides an altogether new visualization, technology controls, faster and more interactive user-interface as a property search engine. The platform provision options to Search, List, Advertise, Sell, Buy and renting out various properties under the respective category of Residential, Commercial, Plots Land.
In addressing the fund raiser, Zvesta founder and CEO Rajan Dang said, “The capital raised will be used to widen the builder alliances from 100 to 1000 and other partnerships across India strengthening through its technology product. It will also be utilised to scale up the business by opening regional offices Jaipur (Rajasthan), Mumbai and Pune (Maharashtra), Bengaluru (Karnataka), Lucknow (Uttar Pradesh) as well and expansion of sales team.”
According to Zvesta co-founder and CIO Anushree Srivastava said, “Collaboration is the call of the era in Real Estate. The synergy for all influx and exodus to any system is imperative. Citing an example at the airport if collaborative technology is not used at the Airport there would be total mismanagement of the consumer and air traffic. At Zvesta, to gain fulfilment of business for E-Mitras, Dept of Information Technology, Rajasthan, Other counters it is important to maintain transparency. Hence the flow of the transaction that captures consumer sentiments, Lead flow, sale closure that may not be handled, all directly by one stakeholder, hence imperative for collaboration through technology ZVESTA PRO”.
In the words of HT Media Limited group CFO Piyush Gupta, “Zvesta’s real estate search engine and the database on which they are working is laying a foundation for homeowners, buyers, sellers, renters, real estate agents, landlords, and property managers to discover and maintain vital information about homes, real estate, transactions and home improvement”.
The Target benefits significantly from a first-mover advantage domestically as other on-line real estate services. Zvesta is taking advantage of the newly established governmental Real Estate Regulatory Authority (RERA) which regulates the real estate sector and compels all builders and developers to register their new and ongoing projects with it. Affordable housing has caught up, the government in order to focus on affordable housing has to mandate the use of technology to source all inventories and land parcels being allocated to each project. Likewise post built of the inventories the buy and sell should be made transparent.
Zvesta founders adorn the different cultures and professional backgrounds feel an instant connection with the Real Estate Community, given their shared sense of understanding and experience for maturing Zvesta to the next level in business. The company founders Rajan Dang, a multi-domain industry Leader in Banking, FMCG, Ecommerce & Real estate, and Anushree Srivastava, in past was Joint General Manager / IT of IRCTC handling INR 5,000 Cr Revenue Portfolio, built SAAS platform and set up new revenue streams for the corporation who have a decade of experience working in the E-commerce and technology space.
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Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
