CLR Facility Services, an integrated facility management solutions provider in India, has raised $15 million (approximately ₹125 crore) in funding from British International Investment (BII), the UK’s development finance institution and impact investor.
The funds raised will be used to expand across India with aim to scale its workforce to more than double the current number – up to 50,000 employees over the next five to seven years, introducing more women and underserved groups to become part of the formal economy.
Part of the funding will also go toward building training centres where unskilled and semi-skilled workers in tier-2 cities can receive vocational training over the next five years.
CLR is a facility management, contract staffing, and HR solution company that provides services such as cleaning, engineering, mechanical maintenance, and production support to corporate clients
CLR provides better employment opportunities to low-income groups and women. The company currently employs 20,000 blue-collar workers and operates across nine states.
While the company plans to expand its service offerings, it is also enhancing its environmental and social risk management processes and HR initiatives to ensure workers’ health and safety.
Gaurav Pathak and Gautam Pathak, Promoters and Directors of CLR Facility Services, said, “Partnering with BII marks a pivotal moment in our journey toward inclusive and sustainable growth. This investment will empower us to create more opportunities for our workforce, drive innovation in facility management, and extend our impact across new markets.”
Shilpa Kumar, Managing Director, Head of India at BII, said, “In India, over 80 per cent of the workforce, excluding agricultural workers, is in the blue and grey collar sectors that drive the country’s economic growth. As the UK’s DFI, we focus on supporting inclusive growth by enabling better job and training opportunities for underserved groups. We are delighted to support CLR’s vision, which is aligned with the Government of India’s initiatives in driving inclusive employment.”
K K Rathi, Managing Partner at First Bridge Investment Managers, said, “We are delighted to welcome BII as a partner in the growth journey of CLR. Having been the first investor in CLR since 2018, we firmly believed in the potential of the company which will get into new growth orbit with the strategic investment from BII.”
