Your-Space, a student housing startup, has raised $10 million in its Series-A round led by the personal investment from Mr. Shantanu Rastogi (of General Atlantic) and Ajay Gupta’s (Capital Foods) family office AJAX Capital and Holy Basil Consultancy Private Limited.
Manish Choksi’s (Vice Chairman at Asian Paints) family office, Sunidhi Group’s family office, Sanjaya Gupta (former MD & CEO of PNBHFL), amongst others have also participated.
According to the Noida-based startup, the funds will be used for growth focusing on metros and tier I cities.
Founded by Nidhi Kumra and Shubha Lal, Your-Space claims to have over 7,000 operational beds in 9 cities. The company further targets to have more than 20,000 beds by July 2022.
