M&A

M&A

Housr acquires co-living co StayAbode

Business Standard  

Housr, a Gurugram-based managed accommodation platform, has acquired StayAbode, a Bengaluru-based co-living space player. The accession will add more than 20 properties with 1,200+ beds to Housr's inventory, in the prime hubs of the city including Koramangala, HSR Layout, Indiranagar, Marathahalli, and Electronic City. Housr is targeting to scale to 100+ properties and 12,000+ beds, by expanding its property portfolio in the existing cities and gaining entry into new geographies by March 2023.