Student housing company Your-Space has raised $10 million in Series-A funding. The round, a combination of pure equity and convertible debentures, was led by Shantanu Rastogi of General Atlantic, Ajay Gupta’s (Capital Foods) family office AJAX Capital and Holy Basil Consultancy Private Ltd. Manish Choksi’s (Vice Chairman at Asian Paints) family office, Sunidhi Group’s family office, Sanjaya Gupta (former MD & CEO of PNBHFL), amongst others also participated in the round.
Your-Space will use these funds for growth, focusing on metros and Tier I cities and to spearhead its operations using a scalable, modular technology platform to improve user experience.