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Exclusive: Student Accommodation Platform Stanza Living Raises INR 44 Cr From Alteria Capital

The company also raised INR 40 Cr in debt. Earlier this month, Stanza Living had raised INR 69 Cr ($9.3 Mn) from GHI India by issuing six equity shares and Series C CCPS. Launched in 2017 by Anindya Dutta and Sandeep Dalmia, Stanza Living is a tech-enabled co-living concept for students and working professionals. In September 2018, Stanza Living raised $10 Mn (INR 73 Cr) in a funding round led by Sequoia Capital with participation from existing investors — investment firms Matrix Partners and the California-headquartered Accel Partners. Stanza Living competes with Placio, Oxfordcaps and OYO Life in the student housing industry.

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