new delhi dec 10 coliving operator stanza living has raised usd 57 million around rs 40 crore from venture debt fund alteria capital to fund its expansion plan and future growth alteria capital had earlier invested usd 43 million rs 30 crore in stanza living taking the total debt infusion to usd 10 million rs 70 crore founded in 2017 stanza living has so far raised usd 70 million from investors like falcon edge capital sequoia capital accel matrix partners and alteria capital the capital infusion will enable us to further increase the pace of our strategic growth across markets through organic and inorganic measures said anindya dutta managing director and cofounder stanza living stanza living has an inventory of more than 47500 beds across cities like delhincr bengaluru pune hyderabad chennai coimbatore indore vadodra and dehradun sandeep dalmia md and cofounder said the company has scaled up its business significantly in last few years and would continue deepening access to consumers across the country through this partnership we are together working on creating financing and funding structures that will set a new precedent for the industry in india said ajay hattangdi managing partner alteria capital coworking and coliving segments have gained momentum in india on rising demand for shared office as well as accommodation space in its study news corp and softbankbacked realty portal proptiger has termed the coliving space as real estate goldmine and said that this segment has potential to become usd 93 billion market annually on rising demand from students and professionals mjh drr