India: Housr earmarks $50m for expansion in shared-living space

Gurugram-based startup Housr, backed by leading real estate developers Abhishek Lodha and Pirojsha Godrej, is entering the growing shared-living space to target millennials in major Indian cities.

Started by real estate entrepreneurs Deepak Anand and Kalpesh Mehta, who had also founded Tribeca Developers that builds Trump Towers in India, Housr plans to spend $40-50 million over the next 18 months to expand its business across the country.

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