Student housing player Your-Space raises $10-M from family offices, angels

New Delhi-based student housing startup Your-Space has raised USD 10 million (around INR 75 crore) from a clutch of investors in Series-A funding through a combination of equity and convertible debentures. The funding round was led by personal investment from Shantanu Rastogi (General Atlantic) and Ajay Gupta's (Capital Foods) family office Ajax Capital and Holy Basil Consultancy. The round also saw participation from Manish Choksi's (vice chairman at Asian Paints) family office, Sunidhi Group's family office, Sanjaya Gupta (former MD & CEO of PNBHFL), among others. The funds will help the company deepen its market presence. Your-Space has over 7,000 operational beds in 9 cities. It targets to have more than 20,000 beds by July this year.