Live Breaking News & Updates on செலுத்துதல் விருந்தினர்

Stay updated with breaking news from செலுத்துதல் விருந்தினர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Sequoia-backed Stanza Living in final stages of raising up to $120m


Sequoia-backed Stanza Living in final stages of raising up to $120m
March 14, 2021
Stanza Living, a managed accommodation provider in India, is in the final stages of sealing a deal to raise up to $120 million in a Series D round led by an Abu Dhabi-based investor, two sources with knowledge of the matter have told Reuters.
The latest funding round values the company at about $600 million, one of the sources said, up from about $300 million in the prior Series C round in 2019, adding that the deal is expected to close by the end of this month.
Stanza‘s business model centres around the huge market in small guesthouses – locally called PGs, short for Paying Guest – which provide affordable food and accommodation to both students and workers migrating to India’s fast-growing megacities. ....

Andhra Pradesh , Sequoia Capital , Equity International , Stanza Living , Abu Dhabi Based , Paying Guest , Accel Partners , Matrix Partners , Falcon Edge Capital , Falcon Edge , New Delhi Based , Zolo Stays , Toyo Life , ஆந்திரா பிரதேஷ் , சீக்வோயா மூலதனம் , பங்கு சர்வதேச , சரணம் வாழும் , செலுத்துதல் விருந்தினர் , அசிஸ்ல் கூட்டாளர்கள் , அணி கூட்டாளர்கள் , ஃபால்கன் விளிம்பு மூலதனம் , ஃபால்கன் விளிம்பு , புதியது டெல்ஹி அடிப்படையிலானது , ஓயோ வாழ்க்கை ,