Tribe Stays raises $2.8M to scale its managed accommodation biz

Tribe Stays raised $2.8 million in seed funding from Artha Venture Fund and Riverwalk Holdings, with Kunal Khanna participating. Founded in 2018 by Yogesh, Shantam, and Aman Mehra, the firm will expand its Tribe Student Accommodation, Commune, and Suites brands to cities like Hyderabad and Bengaluru, targeting 25,000 beds as India’s $2.3-billion coliving market grows amid rivals Your-Space and Colive.