Isthara provides shared-living accommodation for working professionals and students, pairing a host of amenities with premium features. Led by Gilbert James and Krishna Kumar, the company has also grown in the B2B institutional cafeteria segment. It intends to build on its B2C portfolio and scale operations across the retail food court market by launching smart food courts in retail locations such as malls. Isthara recently acquired software product engineering firm Letsmobility to introduce advanced tech solutions in the co-living and institutional cafeteria sectors. The company plans to double bed capacity in its co-living and student accommodation segments to around 50,000 beds by 2025. After the latest round, Isthara has raised approximately $21 million to date, and will use the new funding to support these expansion and capacity plans.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2022