Get All Access for $5/mo

Stanza Living is Giving Students a Place to Crash Stanza has received US $2 million as funding from Matrix Partners India and Accel India

By Punita Sabharwal

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

Entrepreneur India

While Dutta was based in London and working at Oaktree Capital, he got an opportunity to closely observe and evaluate the international student housing space, particularly in Western markets. This led to the idea of Stanza Living, which aims to organize and standardize this space through technology-enabled and high-quality offerings, curated specially for students and their parents visiting them. "At present, we are running at full capacity with 100 beds. We plan to scale this up to 5,000 in capacity over the next 18 – 24 months," states Dutta.

Stanza has received US $2 million as funding from Matrix Partners India and Accel India. It has devised a two-pronged approach to growth; firstly, by expanding to all major educational hubs; secondly, from transforming from a pure-play operator to a "franchise-based" student housing brand.

Punita Sabharwal

Entrepreneur Staff

Managing Editor, Entrepreneur India

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

News and Trends

Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network

Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Thought Leaders

4 Steps You Need to Follow to Make It Through Any Crisis With Your Company Intact

The steps we take before a crisis define our team's future resilience in the face of one. Here's what you need to do to prepare for a crisis of any kind at any time.