Settl raises Rs 100 mn in Pre Series A funding to expand co-living spaces

08 Jan 2024 CW Team

Proptech startup Settl has secured Rs 100 million in funding from investors such as Gruhas and We Founder Circle, in addition to participation from Anthill Ventures, Inflection Point Ventures, Ah! ventures, Nila Spaces, Soonicorn Ventures, Awficacy Capital, Pai Ventures LLP, and Ekyum in its Pre Series A round.

The newly acquired funds will be allocated towards working capital, team expansion, and technological advancements. With this round, Settl has now raised a total of Rs 150 million from investors. Established in 2020, Settl specialises in providing co-living spaces, PGs, and apartments for rent. Presently, the company operates more than 60 co-living centers, boasting a collective capacity of 4000 beds across Bengaluru, Hyderabad, Gurugram, and Chennai. Settl's rental offerings are priced in the range of Rs 12,500 to Rs 18,000 per bed.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..