Your-Space generates $10 million in series A funding

19 Jan 2022 CW Team

Your-Space, a student housing startup, has raised $10 million in series-A funding a combination of pure equity and convertible debentures led by personal investments from Shantanu Rastogi of General Atlantic and Ajay Gupta's Capital Foods family offices AJAX Capital and Holy Basil Consultancy.

Manish Choksi's Vice Chairman of Asian Paints family office, Sunidhi Group's family office, and Sanjaya Gupta former MD and CEO of PNBHFL were among those that participated in the investment round.

Shubha Lal, co-founder and COO of the company, told the media that the funding will enable them to strengthen their position in a crowded and competitive market. It offers the firepower they need to keep delivering high-quality global service at scale.

The cash will be used to expand the company, with an emphasis on metros and tier I cities. A portion of the funding will be used to bolster and keep the core staff.

Your-Space now operates over 7,000 beds in nine cities, with ambitions to expand to over 20,000 beds by July 2022 for the upcoming academic year 2022-2023.

Your-Space is an IIM - Cambridge - Oxford alumni initiative aimed to provide a safe, hassle-free, and memorable hostel experience for young adults living away from home for their education.

The country's major vaccination effort, as well as the gradual reopening of schools, is likely to help hostels and PGs generate some money.

Image Source

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..