Nila Spaces Limited Announces Investment in Earth Fund, Enhancing Future-Readiness Through Strategic PropTech Partnership

Nila Spaces Limited has joined Earth Fund as a Limited Partner, committing ₹5 crore to support startups focused on real estate innovation and decarbonisation.

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Summary

  • Nila Spaces Limited has become a Limited Partner in Earth Fund, an investment platform supporting startups focused on real estate and environmental innovation.
  • This INR 5 Crore investment aligns with Nila Spaces’ strategy to integrate advanced technologies such as smart infrastructure, low-carbon materials, and digital construction into its projects.
  • The partnership aims to accelerate decarbonisation and future-proof Nila Spaces’ portfolio, reflecting a shared commitment to innovation and sustainability in the real estate sector.

Nila Spaces Limited, 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.

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.

"Our participation in Earth Fund allows us to stay ahead of the curve by embedding next-generation solutions into our projects," said Deep Vadodaria, Managing Director, Nila Spaces Limited. "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."

Commenting on the development, Nirupa Shankar, Sponsor, Earth Fund said “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.” This was echoed by Abhijeet Pai, Sponsor, Earth Fund “This partnership reflects the kind of forward-thinking alignment we seek — where capital, credibility, and climate-consciousness come together.”

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.

 


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