India’s Construction Tech Powerhouse Gets a ₹300 Cr Push

Knest gears up for innovation, integration & international scale

Pune, India - In a move that underscores the rising global confidence in India's construction technology sector, Knest Manufacturers Pvt. Ltd., one of the world’s largest players, has raised ₹300 crore ($35M) from Lighthouse Funds. The strategic infusion marks a significant milestone in Knest’s journey to redefine how India and the world build.

With the investment, Knest plans to double down on its R&D efforts, expand production capabilities and accelerate vertical integration. After a remarkable decade in operation, this bold move affirms their commitment since Day 1 - world-class quality, service, sustainability & technology assimilation.

Knest has been bringing both 'Make in India' and 'Made in India' to the forefront; this investment is set to further that

Nitin Mittal, Chairman & Managing Director, Knest, remarked, “We are building far more than formwork—we are building the future of Indian construction of high-rises, sprawling skylines & sustainable urban ecosystems. In Lighthouse, we gain not just capital but a like-minded partner who shares our vision for innovation, operational excellence, and sustainability. It’s an honour to lead the sector, a responsibility we embrace with humility and unwavering commitment.”

Knest’s flagship aluminium formwork systems are custom-designed to enable faster, more cost-optimised construction cycles—up to 3x quicker than traditional methods—while improving finish quality, reducing labour intensity and lowering environmental impact. Complementing this is Knest’s patented hydraulic safety screen, a cutting-edge vertical safety solution that is gaining rapid traction among high-rise developers. 

Sachin Bhartiya, Co-founder and Partner at Lighthouse Funds, said, “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.”