Forbes Facility Services

Mumbai, India Founded: 2005 • Age: 21 yrs Acquired By SILA
Integrated facility management and planning services are offered.
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About Forbes Facility Services

Forbes Facility Services is a company based in Mumbai (India) founded in 2005 was acquired by SILA in May 2022.. The company has 6,467 employees as of April 10, 2024. Forbes Facility Services offers products and services including Mechanized Housekeeping, Food Service, Operations and Maintenance, Offshore Service Management, and Guesthouse Management. Forbes Facility Services operates in a competitive market with competitors including SILA, Colliers, UDS, CBRE and Supreme Facility Management, among others.

  • Headquarter Mumbai, India
  • Employees 6467 as on 10 Apr, 2024
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ffservices Pvt Ltd
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
    $22.88 M (USD)
    12.27
    as on Mar 31, 2023
  • Net Profit
    $469.28 K (USD)
    193.29
    as on Mar 31, 2023
  • EBITDA
    $749.55 K (USD)
    470.04
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    6467

    as on Apr 10, 2024

  • Acquired by
    SILA

    (May 23, 2022)

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Products & Services of Forbes Facility Services

Forbes Facility Services offers a comprehensive portfolio of products and services, including Mechanized Housekeeping, Food Service, Operations and Maintenance, Offshore Service Management, and Guesthouse Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides mechanized cleaning for facility maintenance.

Offers food preparation and service for corporate clients.

Handles routine maintenance and operational support.

Manages offshore facility services efficiently.

Oversees guesthouse operations and guest services.

People of Forbes Facility Services
Headcount 5000-10000
Employee Profiles 9
Employee Profiles
People
Jayraj Swamy
Admin Facility Manager
People
Vinay Deshmukh
CEO
People
Rishikesh Dhodapkar
Business Head
People
Chandra Prakash Upadhyaya
Zonal Manager-fm Business

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Funding Insights of Forbes Facility Services

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Forbes Facility Services

Forbes Facility Services has secured backing from 1 investor. Prominent investors backing the company include SILA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provider of facility & project management, advisory, general contracting, and real estate development services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Forbes Facility Services

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Forbes Facility Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Forbes Facility Services Comparisons

Employees
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Competitors of Forbes Facility Services

Forbes Facility Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SILA, Colliers, UDS, CBRE and Supreme Facility Management, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of facility & project management, advisory, general contracting, and real estate development services
domain founded_year HQ Location
Provider of diversified professional and investment management services
domain founded_year HQ Location
Integrated business services are provided across diverse sectors in India.
domain founded_year HQ Location
Property management, brokerage, and asset services are provided globally.
domain founded_year HQ Location
Facility management services are provided for various operational needs.
domain founded_year HQ Location
Integrated facility management for commercial, residential, and industrial sectors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Forbes Facility Services

Frequently Asked Questions about Forbes Facility Services

When was Forbes Facility Services founded?

Forbes Facility Services was founded in 2005.

Where is Forbes Facility Services located?

Forbes Facility Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Forbes Facility Services?

Vinay Deshmukh is the current CEO of Forbes Facility Services.

How many employees does Forbes Facility Services have?

As of Apr 10, 2024, the latest employee count at Forbes Facility Services is 6,467.

What is the annual revenue of Forbes Facility Services?

Annual revenue of Forbes Facility Services is $22.88M as on Mar 31, 2023.

What does Forbes Facility Services do?

Forbes Facility Services was founded in 2005 in Mumbai, India, focusing on the facility management sector. Integrated facility management and planning services are provided, alongside offshore service management, horticulture, pest control, guesthouse management, maintenance, mechanized housekeeping, and facade cleaning. Operations are centered in India, supporting various commercial and institutional needs through these specialized offerings.

Who are the top competitors of Forbes Facility Services?

Forbes Facility Services's top competitors include SILA, Colliers and UDS.

What products or services does Forbes Facility Services offer?

Forbes Facility Services offers Mechanized Housekeeping, Food Service, Operations and Maintenance, Offshore Service Management, and Guesthouse Management.

Who are Forbes Facility Services's investors?

Forbes Facility Services has 1 investor. Key investors include SILA.

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