Stanza Living is a student accommodation/housing company which is redefining student accommodation in India.
Stanza Living is a tech-enabled community-living concept that is reimagining student housing in India by transforming it into an experience-product, in-line with evolved hospitality sectors like hotels and serviced apartments.
Stanza Living was founded in 2017 by Anindya Dutta and Sandeep Dalmia. The company is based in Delhi, Delhi, and is present in 10 cities across India.
Stanza Living operates a full-stack business model that puts students at the heart of our product and service design, development and execution.
Stanza Living provides fully-managed, student co-housing spaces, inclusive of amenities like meals, laundry, housekeeping, WiFi, security set-up. The company also offers community engagement programmes for its residents in the form of social events, activities, local and national brand partnerships as well as professional development avenues across India.
Stanza Living was started in Delhi NCR with a capacity of 100 beds. In 2019, the company grew to a total inventory of 47,000 beds. The company has stated an inventory target of 1 lakh beds by 2021. It has also committed an investment of INR 250 Cr to strengthen expansion.
Stanza Living is backed by Falcon Edge Capital, Sequoia Capital, Matrix Partners, Accel Partners, Alteria and others. The company raised $5.7M in a Debt financing on Dec 10, 2019. This brings Stanza Living's total funding to $72.7M to date.