Grexter is a Bengaluru-based co-living startup that provides rental accommodation for students and young professionals. The company offers affordable living spaces with amenities such as common spaces, housekeeping and Wi‑Fi, and also provides luxury accommodation in prime Bengaluru locations. Grexter currently operates 1,500 beds in the city and aims to grow to over 5,000 beds by the end of 2019. It raised $1.5 million in a pre-Series A round led by Venture Catalysts and plans to deploy the proceeds to expand the number of rooms and beds and to ramp up its tech platform. Founders are Pratul Gupta and Nikhil Dosi. The article places the raise in the context of broader investor optimism in India’s co-living sector, noting other funded players such as ZoloStays, NestAway and Stanza Living.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2019