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Settl is a co-living startup.
Basic Information
Settl was launched in July 2020 in Bengaluru amid the COVID-19 pandemic to ensure safe, clean, furnished, and ready-to-move in properties for migrants. The startup aims to make migrants feel at home and settled in a new city. Though launched amid the pandemic situation, the startup has locked over 300 beds as of now. The startup offers properties that are ready to move in immediately through its fully-furnished rooms, 24/7 power backups, regular cleaning and maintenance, on-site laundry, and high-speed internet. Apart from this, Abhishek also explains that the tenants will have to pay a nominal deposit amount and the rent will be all inclusive of electricity, water, cooking gas, Wi-Fi, etc. Tenants can use the official website and the mobile application for checking out the properties, amenities, and the rents. They can also use the application to report issues in the room or request for repairing services. Apart from this, the properties are secured with cameras and tech-enabled devices, which do not allow the entry of outsiders, apart from the tenants and the workers.
Legal Name
:
Samasth Living Private Limited
Headquarters
:
Bangalore, Karnataka, India
Founding Date
:
2020
No. of Employees
:
<10
Core Team
:
1.  
Abhishek Tripathi
Co-Founder
2.  
Bharath Bhaskar
Co-Founder
3.  
Ashok Reddy
Co-Founder
Funding
Investors
:
1.  
Aravind R
Detail Round Breakdown
Round 1

$500k

Series Name
:
SEED
Date
:
24th Nov 2021
Investors
:
1.  
ah! Ventures
2.  
We Founder Circle
3.  
Saurabh Jha
4.  
Ashu Dubey

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