Nila Spaces Commits Rs 5 Crore to Boost Proptech Innovation and Sustainability

Nila Spaces Joins Earth Fund as Limited Partner

Nila Spaces Limited (NSE NILASPACES), a prominent player in India’s real estate sector, today announced that it has become a Limited Partner in Earth Fund, a pioneering investment platform backing high impact startups at the intersection of real estate and environmental innovation.

Commitment to Forward-Looking Solutions

This investment reflects Nila Spaces’ long term commitment to integrating forward looking solutions that elevate operational excellence, accelerate decarbonisation efforts, and prepare the business for the next phase of sectoral transformation. As a Limited Partner, the company will have priority access to emerging ventures across areas such as smart infrastructure, low carbon materials, and digital construction workflows.

Leadership Perspective on Industry Evolution

Deep Vadodaria, Managing Director Nila Spaces Limited, said: “Our participation in Earth Fund allows us to stay ahead of the curve by embedding next generation solutions into our projects. This move underscores our belief that the future of real estate will be shaped by developers who integrate technology to reimagine how assets are built, operated, and experienced.”

Welcome and Shared Vision

Nirupa Shankar, Sponsor Earth Fund, commented: “We’re delighted to welcome Nila Spaces to Earth Fund. This commitment reflects our shared conviction: innovation in real estate is no longer optional, it’s foundational. The future will be shaped not just by investing in assets but in the ideas and technologies that future proof them.”

Aligning Capital, Credibility, and Climate Consciousness

Abhijeet Pai, Sponsor Earth Fund, added: “This partnership reflects the kind of forward thinking alignment we seek where capital, credibility, and climate consciousness come together.”

Strategic Capital Deployment

The INR 5 Crore commitment will be deployed from internal accruals and is consistent with Nila Spaces’ capital allocation framework. The investment is expected to enhance the company’s ability to future proof its portfolio while contributing meaningfully to the broader innovation ecosystem.