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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