HooLiv raises Rs 24 Cr in pre-Series A round led by Negen Capital

Student co-living platform HooLiv has raised Rs 24 crore ($2.73 million) in a pre-Series A funding round led by Negen Capital, along with participation from other institutional investors, family offices, and angel investors.

Earlier in February 2020, the New-Delhi-based firm had raised an undisclosed amount from Kotle-Patil Developers.

The proceeds will be used to expand HooLiv’s operations in non-metro cities through new bed acquisitions, brand-building, and enhancements to its property management platform. The company also plans to replicate its…