Delhi Based Apartment & Hostel Listing Platform Raises 1.4 Crore Funding
Delhi based Apartment and Hostel listing platform Zocalo has secured ₹1.4 Cr funding from Xander Group.
Xander group is a global real estate & investment firm.
Founded in 2014 by Uday Lakkar, an IIM-Ahmedabad alumnus, and a former McKinsey executive, Zocalo is a broker-free platform that offers paying guest, hostel, shared and rental apartment accommodation listings.
"Zocalo" is the Mexican term for a public square or plaza.
Earlier, the startup has raised an angel round of funding from investors including Rajesh Sawhney, Founder of GSF Accelerator, Sachin Bhatia, co-founder of MakemyTrip, Mahesh Parasuraman, former managing director of the Carlyle Group, Dheeraj Jain, partner with a UK-based hedge fund, and Advantedge Incubators.
As per the platform data, they have an i...