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Stanza Living

Stanza Living is a managed accommodation company that delivers tech-enabled, hospitality-led, hassle-free living experiences to students and young professionals moving to a new city.
Delhi-based Stanza Living has become a leader of the managed accommodation sector in India, offering world-class living experiences to migrant millennials across 15+ cities. The company’s robust business model, fully-managed service offerings bolstered by an industry-first technology suite, leadership acumen and business growth have received backing from marquee global investors like Equity International, Falcon Edge, Sequoia Capital, Accel, Matrix Partners and Alteria Capital. Stanza Living is the most capitalized player in the space with USD 70 million in investments and a footprint of over 50,000+ beds under management. The company recently earned the certification of ‘Safe Place to Stay’ by leading auditor, Equinox Labs, for its diligent implementation of COVID-combat measures. It has also filed a patent for its indigenously developed ‘Method and system for identification of clusters in geographical region’ which has given the business a competitive moat
  • Real Estate
  • Travel/Hospitality
    HEADQUARTERS
    Delhi, Delhi, , India
    COMPANY SIZE
    501 to 1000
    FOUNDED
    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
    OTHER
    $57M
    Investors
    Kotak Mahindra Bank, RBL Bank, Alteria Capital
    23rd Mar 2022
    DEBT-FINANCING
    $5.7M
    Investors
    Alteria Capital
    Dec 2019
    SERIES-C
    Undisclosed
    Investors
    Equity International
    Nov 2019
    SERIES-C
    $50M
    Investors
    Sequoia Capital India, Matrix Partners, Accel, Falcon Edge Capital
    Jul 2019
    DEBT-FINANCING
    $4.4M
    Investors
    Alteria Capital
    Mar 2019
    VENTURE-ROUND
    730M
    Investors
    Matrix Partners, Sequoia Capital India, Accel
    Sep 2018
    SEED
    2M
    Investors
    Accel, Matrix Partners
    Nov 2017