CLR Facility Services Pvt Ltd (CLR) has raised $15 million in funding from British International Investment (BII). Separately, Techfino has raised nearly $7.6 million (Rs 65 crore) in fresh funding, while Illumine has secured $2.5 million in seed funding.
BII invests $15m in CLR Facility
CLR Facility Services Pvt Ltd (CLR), an integrated facility management solutions provider, has raised $15 million in funding from British International Investment (BII), the UK’s development finance institution and impact investor.
With the latest funds, the company aims to scale its workforce to more than double the current number, up to 50,000 employees over the next five to seven years. Part of the funding will also go towards building training centres where unskilled and semi-skilled workers in tier-2 cities can receive vocational training over the next five years, the company said.
“In India, over 80% of the workforce, excluding agricultural workers, is in the blue and grey collar sectors that drive the country’s economic growth. As the UK’s DFI, we focus on supporting inclusive growth by enabling better job and training opportunities for underserved groups,” said Shilpa Kumar, Managing Director, Head of India at BII.
Founded in 2002 in Pune, CLR currently boasts of 20,000+ employees, 160+ clients, and operations across nine states in India.
Techfino raises $7.6m Stellaris, Saison
Bengaluru-based non-banking financial company (NBFC) Techfino has raised nearly $7.6 million (Rs 65 crore) in fresh funding from Stellaris Venture Partners and Saison Capital, the venture arm of Japan’s listed financial company Credit Saison.
The startup will use the fresh capital to expand its branch network, strengthen its technology platform, and scale its secured lending business focused on MSMEs.
Founded in 2019 by former senior bankers Rajesh Panda, Jayaprakash Patra, and Ratikant Satapathy, Techfino provides education loans through a B2B2C model by establishing partnerships with education service providers.
To date, Techfino has disbursed over 1 lakh loans and crossed Rs 200 crore in assets under management (AUM).
Prime Venture Partners invests in illumine
Illumine, an AI-powered full-stack childcare management platform, has secured $2.5 million in seed funding, with
Prime Venture Partners leading the round.
The funding will support Illumine’s expansion into the U.S. market, as well as fuel product development, AI research, and workflow automation enhancements. The company also aims to strengthen integration with local regulatory systems to streamline compliance for childcare providers.
Founded in 2018 by Navneet Rastogi, Purva Goyal, and Sourabh Agarwal, Illumine was created to tackle the inefficiencies of fragmented systems and outdated manual processes in childcare education. The company offers a purpose-built vertical AI SaaS platform designed specifically to modernise and streamline childcare management.
