Get All Access for $5/mo

Stanza Living is Giving Students a Place to Crash Stanza has received US $2 million as funding from Matrix Partners India and Accel India

By Punita Sabharwal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

While Dutta was based in London and working at Oaktree Capital, he got an opportunity to closely observe and evaluate the international student housing space, particularly in Western markets. This led to the idea of Stanza Living, which aims to organize and standardize this space through technology-enabled and high-quality offerings, curated specially for students and their parents visiting them. "At present, we are running at full capacity with 100 beds. We plan to scale this up to 5,000 in capacity over the next 18 – 24 months," states Dutta.

Stanza has received US $2 million as funding from Matrix Partners India and Accel India. It has devised a two-pronged approach to growth; firstly, by expanding to all major educational hubs; secondly, from transforming from a pure-play operator to a "franchise-based" student housing brand.

Punita Sabharwal

Entrepreneur Staff

Managing Editor, Entrepreneur India

News and Trends

Indigrid Technology and Hour4u Raise Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

Health & Wellness

Get a Year of Unlimited Yoga Class Downloads for Only $23 Through June 17

Regular exercise has been proven to increase energy and focus, both of which are valuable to entrepreneurs and well-known benefits of yoga.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

News and Trends

Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?

This harsh treatment coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India?

Growth Strategies

Learn business by doing business across the Globe: The next revolution in Entrepreneurship

As the startup ecosystem sees an influx of new entrepreneurs, the question arises: Is our current business education sufficiently equipping students for the entrepreneurial challenges they will face?

Business Culture

Why Remote Work Policies Are Good For the Environment

Remote work policies are crucial for ESG guidelines. Embracing remote work can positively impact your business and employees.