Prop-tech Startup Crib Commits $1M to Digitalize Co-Living & Student Spaces
Crib , a Proptech startup focused on app-based Property management has revealed Crib Plus - a pro version...
Source: siliconindia.com
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Crib: PropTech startup Crib to invest $1 million in digitising student housing and co-living market
PropTech startup Crib invests $1 million in 'Crib Plus' to digitize India's student housing and co-living market, serving over 1000 landlords managing 2500 properties and 1,50,000 beds. Founded in 2021, Crib targets an annual rental exceeding Rs 2,500 crores and aims to cater to large-scale student housing and co-living brands. India's residential rental market exceeds USD 20 billion, with the co-living market projected to double by 2024, indicating significant growth potential. Crib has raised over 2M$ from investors like Rebright Partners, PayTM's Vijay Shekhar Sharma, and Cred's Kunal Shah.
Source: indiatimes.com