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Norwest-backed SILA buys SMS Integrated Facility Services in Rs 270 crore deal

SILA, backed by Norwest Venture Partners, has acquired SMS Integrated Facility Services for Rs 270 crore to expand its outsourced facility management segment. This strategic move aims to build a scaled, technology-led business services platform, projecting over Rs 2,000 crore in combined revenue across multiple verticals.

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