Most enterprises are going to focus on spaces that meet the norms of social distancing and are able to give highest quality infrastructure, safety, hygiene and privacy
While the 3-week-long lockdown has brought about disruptions across sectors, start-ups have stepped up with different initiatives to help support the government and the people during the pandemic.
Sharing resources is at the heart of most of the innovative offerings today. Co-living is one such disruption led by nomadic millennials, who are redefining the meaning of 'living.'
Stanza Living has raised $5.7 million in debt financing from Alteria Capital, India's largest venture debt fund on December 10, making it the most capitalized player in the co-living segment in India
Space as a service is a critical component of the sharing economy that provides millennials the flexibility of living or working out of shared spaces without the headache of ownership or lease.
The co-living market in India is expected to grow at a compounded annual rate of 17 per cent in the next five years to become a nearly INR 1-trillion market, research shows.
Co-living housing is not just an emerging asset class but offers affordability, sustainability, flexibility, cost-savings and on-demand accessibility. Its a revolution.
