Homversity has Secured $1 Million in Pre-Series A Round Funding

Homversity, a student housing platform, has raised $1 million in a pre-Series A round from Shuru-Up, IPV, Value Angels, Vinners Group, and others. Previously, the Ahmedabad-based company raised $378K from Shuru-Up and more.

Purpose of fund raising

The funds will be used to build a premium, scalable student housing model, expand the platform’s reach, and improve services for students across India.

Founded in 2019 by Saurav Kumar Sinha, Homversity organizes India’s student housing sector by focusing on quality living, good food, and a safe environment. It offers hassle-free services, including a 100% refund on cancellations.

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Homversity simplifies student housing by offering quality living and healthy meals, helping students from both rural and urban areas focus on their education and personal growth without worrying about basic needs.

India’s student housing market is a Rs 58,000 crore opportunity, driven by 35 million annual student enrollments across 51,000 institutions.

Homversity strengths lie in its extensive database and deep understanding of tenant and landlord challenges. This helps the platform address key issues and provide tailored solutions to improve the overall experience.

About Homversity 

Founded in 2019 by Saurav Kumar Sinha, Homversity focuses on enhancing the student housing experience with quality accommodations, nutritious food, and a safe, supportive environment.

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