Premium managed-hospitality brand Tribe Stays has secured $2.8 million (₹24 crore) in a seed funding round led by Artha Venture Fund, with RiverWalk Holdings joining as co-lead. Additional participation came from Kunal Khanna (Founder & CEO – Vivaldis), Krishna Jain, and several other notable HNIs and family offices.
The newly raised capital will fuel Tribe’s expansion across its three luxury sub-brands—Tribe Student Accommodation (hostels), Tribe Commune (co-living), and Tribe Suites (executive apartments). Currently, Tribe operates 650 beds in Pune and now aims to introduce 1,000 more beds this financial year, while also pursuing a long-term roadmap to scale to 25,000 beds across Tier-1 and Tier-2 cities, including Hyderabad, Bengaluru, Mumbai, Gurugram, and Pune.
Commenting on the funding, Yogesh Mehra, Founder & CEO, Tribe Stays, said, “This funding round is a strong validation of Tribe’s vision to redefine how young India experiences living. Our focus has always been to go beyond just accommodation and deliver a premium lifestyle experience through thoughtfully designed spaces, hospitality-driven services, and a vibrant community. With this investment, we are well-positioned to expand aggressively into new markets and strengthen Tribe’s position as the gold standard in student housing, co-living, and executive living.”
Tribe tailors its offerings for long-stay residents of up to a year, thereby serving a diverse customer base that includes students, corporate employees, working professionals, and extended-stay travellers.
Sharing his perspective on the investment, Anirudh Damani, Managing Partner, Artha Venture Fund, said, “We believe Tribe is emerging as one of the most promising players in India’s organized managed-living space. The company addresses a massive, underpenetrated market in premium accommodations for student and professional housing with an asset-light, hospitality-led approach that is both scalable and profitable. The team’s deep sector understanding and execution capability give us strong conviction that Tribe can set new benchmarks for premium living experiences across India.”
With rising demand from universities and enterprises for structured relocation and managed-living solutions, Tribe aims to become the preferred partner for institutions and employers in need of dependable, high-quality accommodation options.
Jai Sumer Singh, co-founder and partner at RiverWalk Holdings, added, “Tribe is well-positioned to address the gap that exists in the premium managed co-living space in India. Scaling sustainably in this category requires deep hospitality DNA coupled with real estate excellence. The Tribe team has built those foundations early and will emerge as a leading operator going ahead.”
