Sequoia-backed Stanza Living takes venture debt route to scale; competes with OYO Life
25 March 2019 6:30 PM GMT
Student housing startup Stanza Living, which competes with OYO Life, has raised $4.4 million from venture debt firm Alteria Capital. The startup had raised $12.3 million earlier from tier one venture capital firms including Sequoia Capital, Matrix and Accel Partners.
- Sequoia-backed Stanza Living takes venture debt route to scale; competes with OYO Life
- Stanza Living claimed to have inventory of 15,000 beds in eight cities including Delhi NCR and Bengaluru.
- The startup had raised $12.3 million earlier from tier one venture capital firms including Sequoia Capital, Matrix and Accel Partners.
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