Student co-living startup HooLiv has raised ₹24 crore ($2.73 million) in a pre-Series A funding round led by Negen Capital, with participation from institutional investors, family offices, and angel investors.
The fresh capital will be used to expand HooLiv’s presence across non-metro cities, focusing on new bed acquisitions, brand building, and upgrading its property management platform.
The company also plans to replicate its successful model in international markets, signaling its ambition to establish a global footprint in the student co-living space.
Founded in 2019 by Chinmoy Mishra, Rasmi Mishra, Gaurav Vij, and Abhishek Verma, HooLiv was created with a mission to bring structure and innovation to India’s student housing sector.
The platform offers purpose-built accommodations that combine real estate management with digital solutions providing services like maintenance, security, and community engagement to create a safe and connected living experience for students.
Operating across university towns and major coaching hubs, HooLiv’s technology-driven approach ensures affordability, transparency, and operational efficiency for both students and property owners.
Previously, in February 2020, the New Delhi-based startup had raised an undisclosed amount from Kotle-Patil Developers. With this latest round, HooLiv aims to bridge the demand-supply gap in organized student housing, tapping into the growing student population migrating to Tier 2 and Tier 3 cities for education.
