- India’s Amber raised $21 million to expand its online student housing platform globally.
- Amber aims to ease rental searches and remove broker fees for students.
- The funding will support Amber’s international growth amid rising housing costs and fierce competition.
Amber raises $21 Million
India-based proptech startup Amber secured $21 million in new funding led by VC firm Gaja Capital as the company aims to ease the often turbulent process of finding student housing globally.
Amber’s online rental platform provides verified listings, virtual tours, and expert guidance to help students save money and remove broker fees.
Its AI engine also enables dynamic pricing and property management tools.
Proptech startup expands globally
Having launched in 2017, Amber already facilitates over 1 million monthly visits across its website and mobile apps.
Its current footprint spans India along with Australia, Ireland, Canada, Germany, Spain, the UK and US.
The $21 million injection will power further international expansion for Amber’s streamlined rental marketplace.
With housing costs surging for higher education students in many countries, Amber spots a vital gap in simplifying housing searches – though it now faces the challenge of scaling globally amid fierce competition.
