Other Private Equity/Strategic Investments
Real estate platform SILA acquires Forbes Facility Services from the SP Group for Rs.42-Cr
Real Estate platform SILA, has acquired Mumbai-based Forbes Facility Services from the Shapoorji Pallonji Group in an all-cash deal worth INR 42 crore. The deal will strengthen SILA's presence in North India. The combined entity is expected to clock over INR 600 crore in revenue this year. The combined entity will manage over 100 million sq ft of real estate, with 15,000+ employees across India. SILA, a real estate platform started in 2010 is backed by Norwest Venture Partners and Samara Capital Group.
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