Team StartupCity

• HooLiv raises Rs 24 crore in pre-Series A round led by Negen Capital
• Funds to fuel expansion in non-metro cities and upgrade tech platform
• Plans to take student housing model global

New Delhi based student co-living startup HooLiv has raised Rs 24 crore ($2.73 million) in a pre-Series A funding round led by Negen Capital, with support from other institutional investors, family offices, and angel investors. The fresh capital will be used to grow HooLiv’s presence in India’s non-metro cities, acquire new beds, boost its brand presence, and improve its tech-driven property management system.

Founded by Chinmoy Mishra, Rasmi Mishra, Gaurav Vij, and Abhishek Verma, HooLiv offers purpose-built accommodations for students near universities and coaching hubs. The startup aims to bring structure and scale to India’s largely unorganized student housing sector.

HooLiv blends real estate and technology to create student living spaces with consistent standards, strong community features, and efficient property management. Their platform ensures services like security, maintenance, and engagement are seamlessly delivered, benefiting both students and property owners.

With India seeing a rapid rise in educational institutions, HooLiv sees a massive opportunity to fill the demand-supply gap in student housing. The company also plans to replicate its model internationally, tapping into student markets in other countries.

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Previously, in 2020, HooLiv had raised an undisclosed amount from real estate developer Kolte-Patil Developers. This latest round strengthens its push to become a leader in organized student accommodation.