Student Accommodation Platform Amber Raises USD 21 mln

February 12, 2024 | Author: News Desk

Student accommodation platform Amber on Monday said it has raised USD 21 million (around Rs 175 crore) in a funding round led by Gaja Capital.

Amber is planning to use the fresh capital for global expansion and to enhance its offerings for property managers and students, according to a statement.

Apart from Gaja Capital, Lighthouse Canton and Stride participated in the funding round. The Rainmaker Group acted as the exclusive financial advisor for the transaction.