With the college admission season just around the corner, Stanza Living, a unique co-living student housing platform has expanded its offering spanning over 2,000 beds across multiple educational hubs such as Delhi University – South Campus, Delhi University – North Campus, Noida, Greater Noida and Dehradun. The company is also looking at increasing its portfolio to over 10,000 beds in the next 12-18 months.
With a ‘student’s first’ approach, the company currently operates in Delhi University’s North Campus and South Campus. Apart from offering high-quality accommodation services to students, the company also offers additional services like career enhancement opportunities as part of their ‘Stanza Springboard’ programme. Additionally, ‘Stanza Social’ is another unique program which the company runs under which it organizes a range of community events throughout the year and provides exclusive, discounted access to a curated list of restaurants, events, coaching classes along with goodies and rewards to Stanza’s community of student residents.
With safety and security being a huge concern for parents, Stanza residences are equipped with advanced, high-tech security systems that provide a safe and secure environment to students. A technology enabled 24-hour central command center, an on-ground rapid response team, perimeter tagging, geo-fencing and motion sensors attached to all residences are some of the unique measures used by the company to prevent unauthorized entry into its resident facilities and ensure a safe and secure environment while offering students the flexibility of enjoying their college.
Commenting on the expansion plans, Sandeep Dalmia, co-founder, Stanza Living said, “Stanza Living is not just another hostel or paying guest accommodation, but a unique community living concept created for students moving to a new place to pursue their dreams. We go beyond accommodation in what we have to offer – we see ourselves as a ‘students first’ brand and hence Stanza Social and Stanza Springboard are uniquely designed keeping the interests of the student in mind. We recently hired 50 interns across 10-12 colleges across India and are providing them with once-in a lifetime opportunity to work in a fast-paced, constantly evolving start-up ecosystem, helping us understand and solve student problems and allowing us to train them for various skill sets such as marketing, content, sales, using digital and social media platforms.”
Anindya Dutta, co-founder, Stanza Living further added saying, “We are re-imagining co-living in India with our student-first approach by providing best of living experiences with our world-class accommodation offerings. In terms of revenue, weclocked https://www.outlookbusiness.com/images/rupee.png2 crore-https://www.outlookbusiness.com/images/rupee.png3 crore in 2017-18 with all units profitable. We’re currently aggressively expanding and have witnessed 20x growth since our inception. Stanza Living, a young start-up has grown exponentially, with the numbers of beds we are managing rising from 100 to 2,000 in the last 12 months. We are excited at this pace of growth which makes us one of the fastest growing start-ups in the Indian eco-system with a strong focus on high quality delivery and execution.
Founded in 2017 by Anindya Dutta and Sandeep Dalmia, Stanza Living raised ₹13 Crore in an institutional funding via Matrix Partners and Accel Partners, in November last year.