Lighthouse Funds, a leading private equity firm, has announced a ₹300 crore investment in Knest, a rapidly growing construction technology company that is redefining the future of building infrastructure in India. Founded in 2015, Knest specializes in next-generation construction systems, including aluminium formwork and patented hydraulic safety screens.
Knest’s Vision for Modern Construction
- Headquartered in Pune, Knest is a pioneer in advanced construction technologies aimed at accelerating project timelines, enhancing worker safety, and reducing the environmental footprint of large-scale infrastructure.
- The company operates three modern manufacturing facilities across Maharashtra and Gujarat.
- Its current annual production capacity exceeds 2 million square metres of aluminium formwork.
- The company also offers a growing portfolio of construction safety solutions, demonstrating its commitment to safety and innovation.
Funding to Drive Innovation and Scale
- The newly raised ₹300 crore will be used to:
- Expand manufacturing capacity to meet rising industry demand.
- Strengthen R&D efforts to push innovation in construction tech.
- Integrate backward for better quality control and supply chain efficiency.
- This strategic move will help Knest ensure quality at scale and position itself as a market leader in modern construction solutions across India.
Leadership Speaks
- Nitin Mittal, Founder of Knest, expressed,
“We are building far more than formwork—we are building the future of Indian construction, of high rises, sprawling skylines & sustainable urban ecosystems. 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.” - Sachin Bhartiya, Co-founder and Partner at Lighthouse Funds, shared,
“Knest exemplifies the kind of future-forward, mission-led company we love to back. With a sharp focus on sustainability, safety, and speed, Knest is poised to lead the next wave of construction innovation in India.”
Strategic Advisory
- Systematix Corporate Services Limited served as the exclusive advisor on this significant transaction, reflecting confidence in Knest’s vision and potential.