Sequoia-backed Stanza Living in final talks to raise up to $120 mn: Report

By Ankit Ajmera (Reuters) - Stanza Living, a managed accommodation provider in India, is in the final stages of sealing a deal to raise up to $120 million in a Series D round led by an Abu Dhabi based investor, two sources with knowledge of the matter have told Reuters.

The latest funding round values the company at about $600 million, one of the sources said, up from about $300 million in the prior Series C round in 2019, adding that the deal is expected to close by the end of this month. Stanza's business model centres around.....

This article is no longer available in our repository.

There could be multiple reasons for this.