Student Housing Startup Homversity Raises $155K To Expand Operations
Homversity, a student housing startup, has raised $1,55,000 to expand its operations in a funding round led by Shuru-Up.
Other investors who participated in the funding round include a consortium of their syndicates, including ValCreators, Growth-Sense, BeyPar Innovations, and angel investors like Asit Oberoi.
The startup plans to use the raised funds for upgrading its technology on all ends, hiring new talent, and expanding services nationwide to over 100 cities.
Homversity | Student Housing Network
Started in 2017 as a college project in a hostel room in Dehradun by Saurav Kumar Sinha, Homversity aims to create a verified ecosystem that would organise India’s multi-billion dollar and rapidly growing student housing & co-living industry in India.
Speaking on the development, Saurav Kumar Sinha, CEO and Founder of Homversity, said,
“We at Homversity are thrilled to have such amazing investors, with key insights and experiences of this industry, with their support and ideas, we grow faster, better and cooler, becoming the one stop solution for students in the coming years.”
This student housing marketplace has now evolved into a complete ecosystem with a variety of value-added and innovative services. Additionally, Homversity is moving towards becoming India’s Largest Student’s Company helping and serving millions of students nationwide.
Kedar Dave, Founder & Managing Partner Shuru-Up, stated that Homversity is not just a hostel booking platform but is a students company built by the students for the students.
“At Shuru-Up, we believe that it is very hard to find a Founder who is not just running the startup, but living the startup every day, and once you find such founder, it is a no-brainer to join the journey of the founder. Whenever a student shifts to another city or state, the first friend that he/she makes stays the closest to them. I believe that Homversity can be that 1st friend for any student and help them with their living.”
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