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Co-living firm Housr raises fund from Pirojsha Godrej, Abhishek Lodha; to invest Rs 350 cr for growth

Housr, which has been co-founded by Tribeca Developers MD Kalpesh Mehta and Deepak Anand, did not disclose the amount infused by the two promoters and three investors -- Abhishek Lodha, Pirojsha Godrej and Unimark group Chairman Harsh Patodia.

 
 
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Lodha group MD & CEO Abhishek Lodha and Godrej Properties executive chairman Pirojsha Godrej have made an investment in co-living firm Housr that plans to infuse Rs 350 crore by end of the next year to reach 50,000 beds, a top company official said.

Housr, which has been co-founded by Tribeca Developers MD Kalpesh Mehta and Deepak Anand, did not disclose the amount infused by the two promoters and three investors -- Abhishek Lodha, Pirojsha Godrej and Unimark group Chairman Harsh Patodia.

However, it said the funds have been raised at a "USD 30 million pre-money valuation".

The co-living firm has already taken on lease 10,000 beds in Gurugram (Haryana), Noida (Uttar Pradesh), Mumbai and Kota (Rajasthan).