Nestaway raises funds from Ratan Tata


Nestaway, India based home rental marketplace has raised an undisclosed amount of funding from one of the most active angel investors in the country right now, Ratan Tata, Chairman Emeritus Tata Sons.

NestAway, is a Bangalore based startup which runs a home rental marketplace. Founded by Amarendra Sahu, Smruti Parida, Deepak Dhar and Jitendra Jagadev, it makes a contract with the owners of unfurnished houses and converts them into fully furnished houses and managed apartments to provide them at affordable rates. All the tanants who are on this platform are pre verified.

Prior to this, NestAway has raised 2 rounds. The bigger one being worth $12 Million raised from FlipKart and Tiger Global and the other round was around $1.3 Million raised from InMobi founder Naveen Tewari and IDG Ventures.