PE-VC Fund Investments

Student accommodation provider House of Student raises $2-M

Economic Times   the company  

Gurugram- and US-based House of Student has raised USD 2 million in a seed round through a combination of equity and debt. The round was co-led by Saltwater Sutra and Nirmitsu Inspirational Ventures, with participation from Gautam Verlekar, Glen Fernandes, Richard McCallum, Ali Moosa, and existing investor Unilodgers.Founded in February 2025 by Vaibhav Verma, the company operates a technology platform for student accommodation across global education destinations. It offers online booking and housing network management.The firm plans to use the new funds to drive product innovation, expand housing supply, strengthen AI capabilities, and support global expansion. It also intends to expand into student support services.

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