Indian student housing startup raises US$500K angel funding

The company aims to more than double its capacity and expand in new educational hubs in the Delhi-NCR region, an India-based student housing startup, has secured US$500,000 in angel funding from a group of unnamed High Net-worth Individuals (HNIs).

According to a statement, the investors included people from leading financial institutions, real estate and hospitality sectors in India and abroad.

The money will be used to expand its services beyond Delhi-NCR.

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