The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, Chemical Manufacturing & Digital Entertainment marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, & others.

Funding News: EZStays Raises Rs 8.5 Crore from Finvolve and India Accelerator

Startup: EZStays

Founder: Vaibhav Khanna, Abhishek Kumar, and Kumar Gaurav

About us: ezstays provides fully managed co-living spaces. We intend to provide not just a roof to our residents but a complete hassle-free living experience: hygienic meals, housekeeping, indoor games, gymnasium, power backup, tech-enabled library, doctor on call etc. At ezstays, you gain access to everything you need for a successful student life, from resume writing workshops to professional mentorship. We have also built an in-house network of events like sports tournaments, movie-screening and stand-up comedy to inculcate a socially fulfilling experience.

Founded Year: 2019

Office: Greater Noida, Uttar Pradesh

Sector: Hospitality

Funding Round: Seed Round

Investors: Finvolve

EZStays, a fast-expanding student accommodation and experience platform, has raised Rs 8.5 crore ($1 million) from Finvolve, a multi-stage venture capital fund, as well as from other strategic investors. The funding round has both primary and secondary transactions.

The startup plans to leverage the recently raised capital to substantially expand its inventory of beds in existing and new markets, meeting the urgent demand for quality student housing in India by offering fully furnished, hassle-free living spaces that are specifically designed to meet the requirements of today's students.

Website: http://ezstays.in