Indian business services platform SILA announced on Wednesday that it has raised $100 million from global private equity firm Permira.
The investment will support SILA’s continued expansion across India through strengthening its technology capabilities, expanding adjacent service lines and pursuing growth opportunities, it said in a statement.
“We built SILA with the belief that India’s business services sector could produce a scaled, technology-led institution with the highest standards of delivery. Our focus is on leveraging technology to drive efficiency, transparency, and service quality at scale across India’s built environment. That is what brought us here, and what will define the decade ahead,” said Rushabh and Sahil Vora, founders, SILA.
Founded by brothers Rushabh and Sahil Vora, SILA operates across over 125 cities in India, and claims to manage over 450 million square feet of real estate with a workforce exceeding 60,000. The company delivers tech-enabled services spanning facility management, material handling equipment leasing, food catering, and real estate advisory—serving large corporates, funds, and developers across the full asset lifecycle.
“India is creating a new generation of globally relevant, tech-enabled services companies—and SILA is among the most compelling we’ve seen. We are grateful for the trust of Sahil and Rushabh and look forward to bringing our global pattern recognition, internal operator bench and international networks to this next chapter,” said Dipan Patel, Co-Managing Partner and Co-CEO at Permira.
Founded in 1985, Permira advises funds and has total committed capital of €89 billion ($104 billion). The firm’s thematic investment approach focuses on four key sectors—technology, consumer, healthcare and services.
