Settl, which is present in Bengaluru, Hyderabad, Gurugram and Chennai, has over 60 co-living centres in these cities with a total capacity of 4,000 beds
The round also saw participation from existing investors including family office of Ashwini Kakkar, former head of Thomas Cook and co-founder and chairman of via.com; venture capital fund 9unicorns and other marquee angels.