Stanza Living receives USD 50 million commitment

New Delhi: New Delhi-based student housing startup Stanza Living received commitments worth USD 50 million in its ongoing growth equity round led by New York-based Falcon Edge Capital. 

The funding round also saw the participation of Stanza Living’s existing investors including Sequoia Capital, Matrix Partners, and Accel Partners.

This is the first tranche of a larger ongoing equity financing round that the company is raising.

The startup is also in talks with multiple equity investors to raise additional capital for the current round and is reportedly valued at USD 300 Mn in the current round.