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MS Dhoni family office invests in real estate platform SILA

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MS Dhoni family office invests in real estate platform SILA
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Real estate platform SILA has raised funds from Mahendra Singh Dhoni's family office for an undisclosed amount. The proceeds will be used to help accelerate SILAโ€™s growth, further strengthening its network and expanding its presence across the evolving real estate landscape. Founded by Rushabh and Sahil Vora, SILA manages over 200 million square feet of Real Estate across 125 cities in India, with over 25,000 employees. Backed by Norwest Venture Partners, SILA claims to have grown its facility management and real estate advisory services across India. The firm has grown at a CAGR of over 40% over the last decade and plans on an IPO within the next 3 years. The platform has advised on real estate transactions worth over Rs 16,000 crore for global and domestic funds across India. Its service offerings include Facility Management and Real Estate Advisory.

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Turbostart leads $2.5 Mn round in Lighthouse PropTech

EntrackrEntrackr ยท 3m ago
Turbostart leads $2.5 Mn round in Lighthouse PropTech
Medial

Snippets Turbostart leads $2.5 Mn round in Lighthouse PropTech Proptech startup Lighthouse PropTech has raised $2.5 million in a new funding round. Turbostart led the round with $1 million, along with participation from the Dabur Family Office and several other HNI family offices, valuing the company at $13.5 million. The fresh funds will be utilized for expansion as it builds a technology-driven platform for luxury real estate transactions in India, Lighthouse stated in a press release. Launched by Sumesh Mishra, Lighthouse PropTech aims to empower its clients with innovative solutions to efficiently manage their luxury real estate portfolios. The companyโ€™s offerings include Luxury Listingsโ€”an exclusive platform showcasing premier, handpicked propertiesโ€”and Luxury Exclusives, which provides tailored experiences and bespoke property opportunities. According to Lighthouse PropTech, it is developing a next-generation digital platform to transform luxury real estate transactions for HNIs and UHNIs, offering a seamless, AI-powered investment experience. Market research indicates that India's luxury real estate market is experiencing unprecedented growth, with the segment expected to surpass $100 billion by 2030, growing at a CAGR of 21.81%. Founded in 2019, Turbostart is a global early-stage venture capital firm and accelerator. With a global presence spanning India, the Middle East, the US, and Singapore, Turbostart has launched five funds over five years, supporting over 50 diverse startups across various sectors and stages.

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