Stanza Living sees valuation climb to $300m in Falcon Edge-led round

Stanza Living co-founders Sandeep Dalmia (left) and Anindya Dutta. Photo: livemint.

Student housing start-up Stanza Living, run by DTwelve Spaces Pvt. Ltd, has received commitments worth $50 million in its ongoing growth equity round led by New York-based Falcon Edge Capital, according to two people close the development who asked not to be named.

The round also saw participation of the company’s existing investors including Sequoia Capital, Matrix Partners, and Accel Partners. This is the first tranche of a larger ongoing equity financing round that the company is raising, said the second person aware of the deal.

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