Mahendra Singh Dhoni’s family office has invested in SILA, a Mumbai-based real estate platform backed by Norwest Venture Partners. The investment will help SILA accelerate its growth, expand its network, and strengthen its presence across India. Founded in 2010 by brothers Rushabh and Sahil Vora, SILA manages over 200 million square feet of real estate across 125 cities.
The company has also advised on real estate transactions worth over INR 16,000 crore. With Dhoni’s support, SILA aims to push boundaries and scale its operations further, with plans for an IPO in the next few years.
What is SILA?
SILA is a Mumbai-based real estate platform that offers facility management and real estate advisory services across India. Founded in 2010 by brothers Rushabh and Sahil Vora, the company manages over 200 million square feet of real estate across 125 cities.
SILA provides solutions for real estate transactions, including advisory services, and has been involved in real estate deals worth over INR 16,000 crore. The company has grown rapidly over the years and aims to expand its footprint further, with plans for an Initial Public Offering (IPO) within the next three years. SILA is backed by Norwest Venture Partners.
Why is This Funding Significant?
This funding enables the company to accelerate its growth and expand its presence across India’s competitive real estate market. With the backing of Mahendra Singh Dhoni’s family office and Norwest Venture Partners, SILA gains not only financial support but also enhanced credibility, given Dhoni’s leadership success both in cricket and business.
The investment will help strengthen SILA’s network, pushing its expansion plans further, including a potential IPO in the coming years. Additionally, the infusion of funds positions SILA to take advantage of India’s growing real estate sector, capitalizing on increasing demand for facility management and advisory services.
This partnership reinforces SILA’s long-term vision and its ability to scale, making it a key player in the evolving real estate landscape.
How Will the Funds Be Used?
The funds will be used to accelerate SILA’s growth by expanding its operations and strengthening its network across India. This includes scaling its facility management and real estate advisory services, which are key aspects of its business.
The investment will also support SILA’s efforts to solidify its position in the competitive real estate market, helping the company expand its presence in more cities and enhance its service offerings. Additionally, the funds will likely aid in driving innovation, improving infrastructure, and preparing for future expansion, including plans for an Initial Public Offering (IPO) within the next few years.
Founders’ Perspective
The founders of SILA, Rushabh Vora and Sahil Vora, are excited and inspired by the support they’ve received from Mahendra Singh Dhoni’s family office. They view the partnership as a major milestone in their journey.
The Vora brothers, both former competitive squash players, have built SILA with grit, discipline, and a long-term vision, much like their sports backgrounds. Their leadership approach is driven by values of perseverance and pushing boundaries, and they see Dhoni’s involvement as a powerful endorsement of their vision for the company’s growth.
Key Takeaways
- Strategic Growth Boost: The funding from Mahendra Singh Dhoni’s family office will help SILA accelerate its growth, expand its operations, and strengthen its network across India’s real estate market.
- Credibility and Leadership: Dhoni’s involvement adds significant credibility to SILA, with his leadership qualities and success as an entrepreneur inspiring the founders. His support reinforces SILA’s long-term vision and ambition.
- Expansion and IPO Plans: SILA aims to expand further in the Indian market and is planning an Initial Public Offering (IPO) within the next three years, positioning itself for continued success.
- Strong Company Foundation: Founded by brothers Rushabh and Sahil Vora, SILA has managed over 200 million square feet of real estate and advised on transactions worth INR 16,000 crore, showcasing its established presence and expertise.
- Competitive Edge: SILA’s ability to scale rapidly while maintaining a strong culture and disciplined execution sets it apart in the competitive real estate sector. The funding will help the company further enhance its offerings in facility management and real estate advisory.
Join Aman Raj & Gaurav in an exclusive discussion on Evahan’s rapid growth. Watch now! 👇
Conclusion
The investment in SILA marks a significant milestone in the company’s journey, fueling its ambition for rapid growth and further expansion in the Indian real estate market. With Mahendra Singh Dhoni’s family office backing the company, SILA is well-positioned to scale its operations, enhance its service offerings, and strengthen its market presence.
The company’s focus on facility management and real estate advisory, combined with its disciplined leadership and long-term vision, will drive its success. Looking ahead, SILA plans to continue its upward trajectory, aiming for an Initial Public Offering (IPO) in the next few years as it solidifies its leadership position.
SILA Takes Real Estate to New Heights – Join the Future of Property Management!
