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Stanza Living to launch office in Hyderabad, continue hiring

The company had appointed five new vice-presidents in the last year.

, ET Bureau|
Updated: Sep 09, 2019, 04.24 PM IST
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According to reports, the company had raised an estimated $50 million in July this year.
NEW DELHI: Stanza Living, a student housing start-up, will continue its expansion spree and will hit a 1000 employees by the end of the year, said the company in a press release. The company, which is present in Bangalore, Pune, Indore and Chennai will also be launching an office in Hyderabad, said the release.

The company increased its headcount from 250 to 750 in the last quarter, said the release. It has been focusing on hiring for the consumer experience, operations excellence and technology teams. The hiring will be carried across levels, said the company.

The company had appointed five new vice-presidents in the last year in finance, real estate, customer experience, supply chain and procurement; and marketing and consumer engagement.

According to reports, the company had raised an estimated $50 million in July this year.

“The key challenge before us is to set cost-efficient, consumer-focused operating templates in a sector that hasn’t witnessed any fundamental innovation. Another focus, as a growth-start-up, is to ensure the delivery of seamless consumer experiences, at scale. Our hiring strategy aims to build an agile, fast-actioning team of multi-sector experts who can keep pace with our growth story. The senior leadership team at Stanza Living brings a ‘balance of experiences’ – young and experienced professionals from some of the leading new-age businesses and large traditional brands,” said Anindya Dutta, co-founder, Stanza Living.

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Sam Zell invests in Stanza Living

Stanza Living raises Rs 40 crore from Alteria Capital

Stanza Living bolsters leadership team as it looks to scalable growth

Falcon Edge may invest $30 million in Stanza Living

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