November 27, 2021

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The World Stock Markets Tips & Targets, News, Views & Updates

Startup Homversity raises $1,55,000 from investors to expand operations

This round is led by Shuru-Up, while a consortium of their syndicates including Growth-Sense, ValCreators, BeyPar Innovations LLP, and angel iInvestors like Asit Oberoi also participated.

PTI

November 22, 2021 / 05:06 PM IST

(Representative image)

(Representative image)

Homversity, which is a student housing marketplace, has raised USD 1,55,000 to expand its operations. This round is led by Shuru-Up, while a consortium of their syndicates including Growth-Sense, ValCreators, BeyPar Innovations LLP, and angel iInvestors like Asit Oberoi also participated.

Homversity, which was started in 2017 as a college project in a hostel room in Dehradun by Saurav Kumar Sinha, aims to create a verified ecosystem that would organise India’s multi-billion dollar and rapidly growing student housing market, the company said in a statement.

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“Homversity will be utilising the funds for upgrading their technology on all ends, hiring new talents, and expanding services nationwide to over 100 cities,” It had raised $1,35,000 pre-seed funding in 2019 by the La-Gajjar Group in Gujarat.

 

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