Coliving startup Isthara raised $10 million in Pre-Series B led by Dubai-based Eagle Investments. Isthara will use the funds to expand its presence in the coliving segment and enter the business-to-consumer (B2C) retail food court segment.
Working professionals and students can take advantage of Isthara's coliving spaces, smart food courts, and cafeterias. It claims to manage over 24K beds in Hyderabad, Bengaluru, the National Capital Region of Delhi, and Chennai. Furthermore, by 2025, it plans to double its bed capacity in the coliving and student accommodation segments to 50,000 beds.