35Under35

Stanza Living is Giving Students a Place to Crash

Stanza has received US $2 million as funding from Matrix Partners India and Accel India
Stanza Living is Giving Students a Place to Crash
Image credit: Entrepreneur India
Deputy Editor, Entrepreneur India Magazine
1 min read
Opinions expressed by Entrepreneur contributors are their own.

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

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.

More from Entrepreneur

Brittney's a Certified Financial Planner who can help you manage your business and personal finances and navigate the ups and downs of starting a business.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur