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Raising Money isn’t an Achievement, it’s an Obligation

4 years ago

ID: #610144

Business Description

SILA recently announced an investment from Norwest Venture Partners, a global Private Equity firm. With this investment, we are glad to have delivered on our seed investor’s capital by giving them a 30x exit. We are grateful to all of our stakeholders who supported us along the way – employees, clients, vendors, and other associates in the business. While this investment marks the next phase at SILA, we firmly believe, in the words of Mark Cuban (from Shark Tank) - that raising money is an obligation, not an achievement! SILA has managed to maintain strong growth over the last few years, however scaling from here is a different challenge that we will need to gear ourselves for. Being a leading facility management company in India, we have a unique set of goals to achieve and obstacles to overcome.

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