# Pragati: Warehousing, Gurugram, India

> Pragati: Pragati Warehousing, backed by one of Asia's largest private equity funds, is a full-cycle development platform for Grade-A industrial and...

Source: https://millionrounds.com/startup/pragati (Millionrounds; every figure on the page links to its filing or article)

India · [Warehousing startup](https://millionrounds.com/companies)

# Pragati

Pragati Warehousing, backed by one of Asia's largest private equity funds, is a full-cycle development platform for Grade-A industrial and logistics parks in the country.

Email

Funding reported Last round: Private Equity

Warehousing Gurugram, India

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Company summary

- **Founded:** 2009 17 years old
- **Team:** 87 51 to 200 people
- **Funding reported:** 200M as listed, currency not stated
- **Last round:** Private Equity Feb 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Pragati has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Pragati

Pragati Warehousing, backed by one of Asia's largest private equity funds, is a full-cycle development platform for Grade-A industrial and logistics parks in the country.

We are committed to developing high-quality industrial and warehousing assets in India's key micro markets, shaping the landscape through our expertise and development capabilities.

## What company datasets say Pragati raised

Funding, as reported

Reported in all **200M** in the source's currency

Last round **Private Equity**

Last round size **200M**

Last round date **Feb 2023**

## Founders and team

From Pragati's own website: 1 founder, 6 on the team.

**Lt Col Jitender Yadav** Founder & Chairman

- **Chandraveer Singh** Chief Financial Officer
- **Maneesh Jain** Chief Investment Officer
- **Pragati’s Driving Force** Chief Investment Officer
- **Shefali K. Desai** Head of Legal
- **Nikhil Ahuja** General Manager- Assets
- **Sudhakar Chauhan** Director of Projects

## The company, in detail

What they build

Known for

development grade a developer industrial real estate manufacturing facility warehousing asset management commercial real estate industrial warehousing warehousing & storage warehouses logistics compliance industrial logistics park fund management lacquisition sustainable property solutions

Built with from their website

Google Maps Google Tag Manager WordPress.org Google Cloud Linkedin Insight Tag Apache YouTube CloudFlare Viewport Meta LinkedIn Ads

+8 more

Google Drive Element UI Google Cloud Hosting OWL Carousel Microsoft Exchange MySQL Microsoft 365 Apps & Services Mobile Friendly

- **Sector:** Warehousing
- **Industry code:** NAICS 531120
- **Region:** Haryana
- **Revenue:** 50M a year, as listed

## Warehousing in India

Startups like it

- [**National Bulk Handling Corporation Pvt. Ltd** Mumbai · founded 2005](https://millionrounds.com/startup/national-bulk-handling-corporation-pvt-ltd)
- [**Sattva Logistics Private Limited** Chennai · founded 1993](https://millionrounds.com/startup/sattva-logistics-private-limited)
- [**NDR Warehousing Pvt Ltd** Chennai · founded 1986](https://millionrounds.com/startup/ndr-warehousing-pvt-ltd)
- [**Lugsto Services Pvt. Ltd.** Noida · founded 2018](https://millionrounds.com/startup/lugsto-services-pvt-ltd)
- [**ODWEN** Noida · founded 2018](https://millionrounds.com/startup/odwen)
- [**StowNest** Bengaluru · founded 2018](https://millionrounds.com/startup/stownest)
- [**SafeCloak** Bengaluru · founded 2022](https://millionrounds.com/startup/safecloak)
- [**National e-Repository Limited (NeRL)** Mumbai · founded 2017](https://millionrounds.com/startup/national-e-repository-limited-nerl)

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