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Stanza Living, India’s leading managed accommodation provider, has announced a $32 million Series E funding round led by Accel, with participation from Motilal Oswal Financial Services Ltd. The capital will fuel the company’s expansion across key urban hubs and deepen its presence in the fast-growing student and professional housing segment.
Founded by Sandeep Dalmia and Anindya Dutta, the Delhi-based startup currently operates over 50,000 beds across 450 residences in 15 cities, including Delhi, Bengaluru, and Mumbai. Its fully managed offerings include food, WiFi, laundry, and security—positioning Stanza Living as a lifestyle-first alternative to traditional rental housing.
The company has also reported a 45% reduction in net loss for FY24, signaling improved operational efficiency and stronger unit economics. With this funding, Stanza Living plans to scale its footprint, enhance its tech stack, and introduce new formats tailored to evolving urban demand.
“India’s co-living market is maturing rapidly, and we’re excited to lead the next phase of growth,” said Sandeep Dalmia, Co-founder and Managing Director. “This round validates our model and gives us the firepower to expand responsibly while continuing to deliver high-quality living experiences.”
As urban migration accelerates and rental affordability remains a challenge, Stanza Living’s asset-light, service-rich model is emerging as a scalable solution for India’s next-gen renters. The company’s tech-enabled operations and focus on community living make it a standout player in a sector poised for transformation.
