Tribe Stays raises $2.8 million in seed round

Tribe Stays, a premium managed-hospitality company has raised $2.8 million (Rs 24 crore) in a seed funding round led by Artha Venture Fund and RiverWalk Holdings. 

The round also saw participation from Kunal Khanna (founder & CEO  of Vivaldis), Krishna Jain and other prominent HNIs/family offices.

The new funds will help Tribe grow its presence across its three luxury brands: student hostels (Tribe Student Accommodation), co-living spaces (Tribe Commune), and executive apartments (Tribe Suites).

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Yogesh Mehra, founder & CEO, Tribe Stays, said, “This funding round is a strong validation of Tribe’s vision to redefine how young India experiences living. Our focus has always been to go beyond just accommodation and deliver a premium lifestyle experience through thoughtfully designed spaces, hospitality driven services and a vibrant community. With this investment, we are well-positioned to expand aggressively into new markets and strengthen Tribe’s position as the gold standard in student housing, coliving and executive living.”

“We believe Tribe is emerging as one of the most promising players in India’s organized managed-living space. The company addresses a massive, underpenetrated market in premium accommodations for student and professional housing with an asset-light, hospitality-led approach that is both scalable and profitable. The team’s deep sector understanding and execution capability give us strong conviction that Tribe can set new benchmarks for premium living experiences across India,” said Anirudh Damani, managing partner, Artha Venture Fund.

Jai Sumer Singh, co-founder and partner, Riverwalk Holdings, said, “Tribe is well-positioned to address the gap that exists in the premium managed co-living space in India. Scaling sustainably in this category requires deep hospitality DNA coupled with real estate excellence. The Tribe team has built those foundations early and will emerge as a leading operator going ahead.”

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About Tribe Stays

Founded in 2018 by Yogesh Mehra, Tribe Stays offers premium long-stay housing through its three brands — Tribe Student Accommodation, Tribe Commune, and Tribe Suites. It provides managed living spaces for students, working professionals, corporates, and executive guests in major Indian cities.

The company also plans to partner with universities and businesses that need reliable, long-term accommodation for their students or employees.

Tribe Stays currently runs 650 beds in Pune and plans to add 1,000 more this year. The company wants to grow to 25,000 beds in major cities like Hyderabad, Bengaluru, Mumbai, Gurugram, and Pune.

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