About SILA
SILA is a company based in Mumbai (India) founded in 2010 by Rushabh Vora and Sahil Vora.. SILA has raised $17.79 million across 6 funding rounds from investors including Norwest Venture Partners, JCK group and Mahendra Singh Dhoni Family Office. The company has 15,502 employees as of March 21, 2024. SILA has completed 2 acquisitions, including Envocare and Forbes Facility Services. SILA offers products and services including Facility Management, Real Estate Advisory, Real Estate Development, and Real Estate Asset Management. SILA operates in a competitive market with competitors including Colliers, UDS, CBRE, Justo and Supreme Facility Management, among others.
- Headquarter Mumbai, India
- Employees 15502 as on 21 Mar, 2024
- Founders Rushabh Vora, Sahil Vora
- Stage Minicorn
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Sila Solutions Pvt Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$62.85 M (USD)125.55as on Mar 31, 2023
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Net Profit
$1.84 M (USD)102.02as on Mar 31, 2023
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EBITDA
$2.38 M (USD)56.23as on Mar 31, 2023
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Total Equity Funding
$17.79 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Norwest Venture Partners
& 15 more
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Employee Count
15502
as on Mar 21, 2024
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Investments & Acquisitions
Envocare
& 1 more
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Products & Services of SILA
SILA offers a comprehensive portfolio of products and services, including Facility Management, Real Estate Advisory, Real Estate Development, and Real Estate Asset 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.
Manages real estate facilities using technology and processes.
Provides advice on real estate investments and transactions.
Handles planning, execution, and maintenance of property projects.
Supports asset management for funds and investors in real estate.
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Funding Insights of SILA
SILA has successfully raised a total of $17.79M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(22 Mar 2013)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - SILA | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - SILA | Valuation | Norwest Venture Partners | |
| Aug, 2019 | Amount | Series A - SILA | Valuation | Norwest Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SILA
SILA has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Norwest Venture Partners, JCK group and Mahendra Singh Dhoni Family Office. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Builds innovative industrial parks and community spaces for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SILA
SILA has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Envocare and Forbes Facility Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial pest control services are provided to businesses.
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2013 | ||||
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Integrated facility management and planning services are offered.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SILA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sila Comparisons
Competitors of SILA
SILA 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 Colliers, UDS, CBRE, Justo 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 diversified professional and investment management services
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| domain | founded_year | HQ Location |
Integrated business services are provided across diverse sectors in India.
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| domain | founded_year | HQ Location |
Property management, brokerage, and asset services are provided globally.
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| domain | founded_year | HQ Location |
Real estate service organisation collaborating with developers across major markets
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| domain | founded_year | HQ Location |
Facility management services are provided for various operational needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sila
Frequently Asked Questions about SILA
When was SILA founded?
SILA was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is SILA located?
SILA is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of SILA?
Rushabh Vora is the current CEO of SILA. They have also founded this company.
Is SILA a funded company?
SILA is a funded company, having raised a total of $17.79M across 6 funding rounds to date. The company's 1st funding round was a Series A of $7.83M, raised on Mar 22, 2013.
How many employees does SILA have?
As of Mar 21, 2024, the latest employee count at SILA is 15,502.
What is the annual revenue of SILA?
Annual revenue of SILA is $62.85M as on Mar 31, 2023.
What does SILA do?
SILA was established in 2010 in Mumbai, India, within the real estate sector. Facility and project management, advisory services, general contracting, and real estate development are handled for clients such as large corporates, real estate funds, landowners, and developers. Extensive assets are managed across properties, with end-to-end solutions encompassing research, valuation, feasibility studies, and equity or debt syndication. Operations focus on comprehensive real estate support in the Indian market.
Who are the top competitors of SILA?
SILA's top competitors include Colliers, UDS and Supreme Facility Management.
What products or services does SILA offer?
SILA offers Facility Management, Real Estate Advisory, Real Estate Development, and Real Estate Asset Management.
How many acquisitions has SILA made?
SILA has made 2 acquisitions, including Envocare, and Forbes Facility Services.
Who are SILA's investors?
SILA has 16 investors. Key investors include Norwest Venture Partners, JCK group, Mahendra Singh Dhoni Family Office, Nitin Yashwant Kamble, and Dineshkumar Vindeshwari Gupta.
What is SILA's valuation?
The valuation of SILA is $58.8M as of Jun 2022.
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