Co-Living Startup ‘Stanza Living’ Raises Rs 44 Cr From Alteria Capital
Stanza Living, a co-living startup, has raised INR 44 Cr ($5.9 Mn) in a mix of debt and preference shares from Alteria Capital India Fund-I.
Started by Anindya Dutta and Sandeep Dalmia in 2017, Stanza Living is a Delhi-headquartered tech-enabled co-living concept for students and working professionals.
As per the startup, it has a presence in 14 cities, with more than 50,000 beds in over 150 residences.
Stanza Living also claims to be the largest shared living company in the country offering accommodation for prices ranging from INR 3,500 to INR 25,000.
Competing with the likes of Placio, Oxfordcaps and OYO Life in the student housing industry, Stanza Living had acquired student accommodation provider YourShell for an undisclosed amount in October, this year.
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