Ending Soon! Save 33% on All Access

Homversity Raises $155,000 Funds will be utilized for upgrading its technology, hiring talent and expanding services

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Homversity, a verified marketplace for student housing, has raised $155,000. This round was led by Shuru-Up, Growth-Sense, ValCreators, BeyPar Innovations LLP and Mercury Angel Investors.

Homversity will be utilizing the funds for upgrading its technology, hiring talent and expanding services. The platform aims at creating a verified ecosystem which would organize India's student housing market and solve the mismanagement of data.

"I believe that Homversity can be the first friend of any student looking for a place to stay in a new place. It is not just a hostel booking platform, it is a company built by the students catering to the needs of the students," said Kedar Dave, founder and managing partner at Shuru-Up, in a statement.

Homversity has now evolved into a complete ecosystem with a variety of value-added and innovative services.

"We at Homversity are thrilled to have such amazing investors with key insights and experiences of this industry. With their support and ideas we will grow faster, better and cooler," said Saurav Kumar Sinha, CEO and founder of Homversity.

Till now, Homversity has won at several national and international events and is on the verge of becoming a go-to-platform for booking hostels and paying guest accommodations, added the statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Marketing

5 Secrets to Mastering Your Niche That Will Give Your Competition a Run For Its Money

Follow these steps to unlock a competitive advantage in an underserved segment.

Growth Strategies

AI Agents Startup Secures $4M to Revolutionize Customer Onboarding & Retention

Under the leadership of Gaurav Aggarwal and Anuja Verma, Truva AI has created an innovative solution for customer onboarding and retention, leveraging sophisticated AI agents.