Finvolve and IA Back EZStays with ₹8.5 Crore Investment to Power Expansion

Finvolve, a multi-stage VC fund of India Accelerator ( a leading accelerator for startups) has invested in EZStays - a fast-growing holistic student accommodation and experience ecosystem. The investment is part of a larger INR 8.5 crores (~$1 million) round that also saw participation from other strategic investors. The structure includes a mix of primary and secondary transactions.

EZStays, which plans to leverage the recently raised funding to significantly expand its inventory of beds across existing and new territories addresses the critical shortage of quality student housing in India by offering fully furnished, hassle-free living spaces designed to meet the modern student’s needs.

Commenting on the investment, Apoorva Vora, Co-Founder of Finvolve, said, "Student accommodation in India is undergoing a massive transformation, driven by rising demand for quality, organized living experiences. EZStays is building not just beds, but a complete student lifestyle ecosystem—from safety and convenience to community and services. Their vision aligns perfectly with our focus on backing mission-driven, scalable startups. We are excited to partner with them on this growth journey."

The Indian student housing market is poised for rapid growth, with over 35 million students enrolled in higher education and an acute shortage of professionally managed accommodation. EZStays addresses this gap with a tech-enabled, service-first approach, ensuring a seamless experience for students and parents alike. Beyond just accommodation, EZStays enhances the student experience through a comprehensive suite of value-added programs, including career development initiatives like EZ-Mentor and EZ-Connect, mentorship sessions, leadership talks, mock interviews, sports tournaments, and cultural events.

Vaibhav Khanna, Co-Founder of EZStays, added, "Our mission is to redefine student living by offering not just a place to stay, but a place to belong. With the backing of Finvolve and IA, we are now geared to scale faster—adding more beds, entering new cities, and enriching our tech platform and service offerings to better serve our community."

Finvolve and IA maintain a strategic focus on investing in startups that leverage technology and innovation to address critical societal needs. With the growing demand for quality, organized student housing and holistic living solutions, IA recognizes the significant potential of tech-enabled platforms like EZStays in reshaping the student accommodation landscape. By delivering a seamless, community-driven living experience backed by scalable technology, EZStays is poised to transform the way students live, learn, and connect across India’s rapidly expanding education sector.

About Finvolve & IA

IA is India’s premier startup factory with multiple sub-brands that enable the start-up ecosystem in India - India Accelerator supports the early stage startups with funding, mentorship and other benefits; Finvolve is as a multi-theseis growth and late stage fund that empowers startups across their growth journey—from pre-seed to pre-IPO—through capital, strategic support, and ecosystem access. IA Spaces enable start-ups across 10+ cities in India with access to co-working hubs and Third Place, which acts as India’s premium Business Cafe). IA is the recipient of the "Best Accelerator of the Country" award from Start-up India in 2022. Our commitment to fostering innovation and supporting upcoming founders has consistently positioned us at the forefront of the Indian start-up ecosystem.