Stanza Living Raises $10 million In Funding Led By Sequoia Capital

Date posted: Wednesday 26 September 2018

New Delhi-based student accommodation platform Stanza Living has raised $10 million (Rs.73 crore) 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 will leverage the funding to expand to multiple markets and strengthen its core leadership team while onboarding specialised talent across functions. The startup will also utilise the fresh capital to bolster its technology development, which helps it drive effectiveness into project management and efficiency in business operations while enabling it to offer personalised service delivery.

(ET Tech)