top of page

🎉Settl: Transforming Co-living Spaces : Indian Cities with Strategic Funding and Visionary Growth🥳



Settl, a burgeoning co-living startup, announced its successful acquisition of Rs 10 crore from investors, including Gruhas, a venture capital fund supported by Nikhil Kamath of Zerodha, and We Founder Circle.

🥳

Operating across Bengaluru, Hyderabad, Gurugram, and Chennai, Settl boasts an impressive network of over 60 co-living centers, collectively offering a total capacity of 4,000 beds, strategically catering to the needs of working professionals.

🏠

With rental accommodations ranging between Rs 12,500 to Rs 18,000 per bed, Settl caters to a diverse market.

🤑

The freshly acquired funds are earmarked for various purposes, including bolstering working capital, enlarging the team, and fortifying technological advancements within the company.

💥

Since its inception in 2020, Settl has garnered a total investment of Rs 15 crore from various sources. The company's overarching goal is to furnish affordable and comfortable housing solutions tailored for millennials and young professionals seeking convenient and hassle-free living options.

Comments


bottom of page