One of India's largest home rental network, NestAway Technologies Pvt. Ltd. recently announced raising USD $51 million in series D financing.
The money was raised from Goldman Sachs, a global investment bank and active investor in India, and the HK and UC-RNT Fund, a joint venture between Tata Son's chairman emeritus Ratan Tata's RNT Associates and the University of California and Schroder Adveq.
This round also saw participation from its existing investor IDG India and Tiger Global.
"Our vision is to create accessible living using imagination and empathy and we have been humbled by the market acceptance of our shared as well as family rental solution. With this funding, we shall strive harder to impact not only where people live but also how they live and shall work on community housing and student housing in addition to our existing categories. We are glad that our new partners in this journey share our vision and passion to create unique living infrastructure in this country using design and technology," said co-founder and CEO, NestAway Technologies, Amarendra Sahu.
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