Private Equity PE-VC Fund Investments
Student housing network HooLiv raises Rs.24-Cr from Negen Capital
Source HooLiv (opens in a new tab)Yourstory (opens in a new tab)
Delhi-based student co-living and housing platform HooLiv has raised INR 24 crore in a pre-Series A round led by Negen Capital, with participation from institutional and angel investors and family offices.Founded in 2019 by Chinmoy Mishra, Rasmi Mishra, Gaurav Vij, and Abhishek Verma, HooLiv provides purpose-built, professionally managed accommodations for students in higher education and coaching ecosystems.The new funds will be used to expand HooLiv’s presence in non-metro cities through bed acquisitions, brand-building initiatives, and further development of its proprietary property management platform. It also plans to explore international replication of its model.
Company website ↗ (opens in a new tab)
In Feb 2020, HooLiv had attracted an INR 1.25 Cr investment commitment from Kolte Patil Family Office.