What It Does: It provides fully-furnished residences with amenities like meals, internet, laundry services, housekeeping, security and community engagement programmes.
Mission: We deliver world-class living experiences through our high-quality, technology-enabled, service-led housing ecosystem so that you can forget about the little worries and focus on becoming the best version of yourself. So that you walk out on the last day, a whole new person from the one who walked in on the first.
Size & Presence: 1400+ employees located across 25 cities in India.
Best Known For: The Best startup company in Salary.
The Good Bits: Very good and cooperative team culture
Stanza Living is the common brand name for Dtwelve Spaces Private Limited. It provides fully-managed shared living accommodations to students and young professionals. Founded by Anindya Dutta and Sandeep Dalmia, the company is present across 23 cities including Delhi, NCR, Bangalore, Visakhapatnam, Hyderabad, Chennai, Coimbatore, Indore, Pune, Baroda, Vijayawada, and Dehradun, in India, with a capacity of 55,000 beds.
Stanza Living is a technology-enabled housing concept that provides fully-furnished residences with amenities like meals, internet, laundry services, housekeeping, security and community engagement programmes. The company has an asset-light business model under which it engages in long-term lease agreements with property owners/developers, who convert their assets into shared living residences as per company guidelines. These assets are subsequently operated by Stanza Living.
Stanza Living provides tech-enabled, fully managed community living facilities for students and working professionals. The company was launched as a student housing business in Delhi NCR with a capacity of 100 beds and grew to 14 cities by 2019. By early 2020, the company began catering to working professionals as well. The company has a combined inventory of 55,000 beds under management for both students and working professionals.
Stanza Living was co-founded by Anindya Dutta and Sandeep Dalmia. Sandeep Dalmia is an alumnus of Delhi College of Engineering and IIM Ahmedabad. Prior to Stanza, he was a Principal at Boston Consulting Group, working across India, US and South East Asia markets. Anindya Dutta was previously a Real Estate investor with Oaktree Capital and prior to that, he worked at Goldman Sachs in London. He is an alumnus of IIT Kharagpur and IIM Ahmedabad.
Stanza Living is currently valued at $300 million. It has raised a capital of about $70 million from leading global investors like Falcon Edge Capital, Sequoia Capital, Matrix Partners and Accel Partners.
The company has invested in building technology products for business efficiency and consumer experience, like the Stanza Resident App and Stanza Real Estate App.
Stanza Living has close to 1,500 employees across India. It is recognized among the Top Real Estate Tech Startups of 2020 across the globe by research and analysis company Tracxn. The company has been shortlisted among the Top 25 Start-ups of India in 2019 by LinkedIn
The old way of living was like being on E when the world is at 4G. It needed a major upgrade, and we’ve given it one. From upping the quality to providing extensive amenities, from creating a sense of belonging to bringing it up to speed with today’s technology, we make sure you get to live in a place that is very you. And that’s our PACT with you.