Student Housing Startup Homversity Raises $155K From Investors

Homversity, 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. Homversity will be utilising the funds for upgrading their technology on all ends, hiring new talent, 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. Kedar Dave, Founder & Managing Partner, Shuru-Up, said, “At Shuru-Up, we believe that it is very hard to find a Founder who is not just running the startup, but living the start up every-day and once you find such founder it is a no-brainer to join the journey of the founder. Whenever a student shifts to another city or state, the first friend that he/she makes stays the closest to them. I believe that Homversity can be that 1st friend for any student and help them with their living. Homversity is not just a hostel booking platform, it is the Students Company built by the students for the students,” he added. “We at Homversity are thrilled to have such amazing investors with key insights and experiences of this industry, with their support and ideas we grow faster, better and cooler becoming the one stop solution for students in the coming years” said Saurav Kumar Sinha, CEO and Founder, Homversity.