Nila Spaces Limited Announces ₹5 Cr Investment In Earth Fund

Ahmedabad, August 12, 2025: Nila Spaces Limited, a prominent player in the real estate sector, has become a limited partner in Earth Fund, a pioneering investment platform backing high-impact start-ups at the intersection of real estate and environmental innovation.

The 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, MD, Nila Spaces. “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.”

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.