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Presenting
Stanza Living
Reimagining co-living spaces for Indian students
Stanza Living was founded in April 2017 by Sandeep Dalmia and Anindya Dutta. The company is headquartered in Delhi. It is backed by marquee global investors like Falcon Edge Capital, Sequoia Capital, Matrix Partners, Accel Partners, and Alteria Capital. Stanza Living provides housing and amenities for students across 10 cities in India, and offers nutritious food, unlimited laundry, Wi-Fi, professional housekeeping, tech-enabled security and responsive feedback mechanism. The company provides fully furnished rooms designed according to the needs of a student. The residences are equipped with IoT enabled systems and new appliances to enhance the residents’ quality of living. Stanza Living residences have interactive common areas like dining areas, fitness corners, and entertainment spaces. They also have vibrant outdoor spaces for students to unwind and relax. It has high tech security systems like biometric access gates, CCTV geofencing, motion sensors, central residence monitoring, and an emergency response team. Stanza Living also has an app for seamless consumer experience, with paperless KYC, automated payments, easy checkout, quick onboarding processes, and more.
  • Real Estate
    HEADQUARTERS
    New Delhi, Delhi, India
    COMPANY SIZE
    501 to 1000
    FOUNDED
    Jul 2017

    Awards

    Awards and Recognitions
    42
    A YourStory list of startups in 2019 with groundbreaking ideas that are creating a deep impact.
    Stanza Living is redefining co-living spaces for Indian students using state-of-the-art technology and services to enable a close-knit community. As of April 2019, Stanza Living has set up over 20,000 beds across 10 cities in India. The company claims that students have spent more than 60 lakh nights in Stanza residences, and it has seen 20x growth in 2017-18, and 10x growth in 2018-19. It recently hired three industry veterans in top positions with its belief of leveraging the multiplier advantage of inter-generational leadership. A 2019 report by realty consultant CBRE and the Student Accommodation Provider Association of India (SAPFI) revealed that the student housing segment in India will see an investment of $700 million, and an addition of 6 lakh beds by 2023. Stanza Living is well on its way to capture this large market. The company’s programmes Stanza Social and Stanza Springboard provide curated experiences like movie screenings, festive celebrations, workshops and internship opportunities, for the holistic wellbeing of students. Exclusive deals and discounts are offered to residents on over 500 brands nationwide. According to Owler, Stanza Living has an annual revenue of $2 million.

    Funding

    Funding Rounds and Investors
    DEBT-FINANCING
    $5.7M
    Investors
    Alteria Capital
    Dec 2019
    SERIES-C
    Undisclosed
    Investors
    Equity International
    Nov 2019
    SERIES-C
    $50M
    Investors
    Sequoia Capital India, Falcon Edge Capital, Accel, Matrix Partners
    Jul 2019
    DEBT-FINANCING
    $4.4M
    Investors
    Alteria Capital
    Mar 2019
    VENTURE-ROUND
    730M
    Investors
    Accel, Sequoia Capital India, Matrix Partners
    Sep 2018
    SEED
    2M
    Investors
    Matrix Partners, Accel
    Nov 2017