Housr Technologies Private Limited has raised structured debt financing
Housr Technologies Private Limited has completed a successful fundraising.
Housr Technologies Private Limited is one of the fastest-growing players in India’s premium managed accommodation sector. The company targets well-paid working professionals seeking high quality, luxury living spaces. It has demonstrated scalability with approximately 4,000 operational beds in the fiscal year 2023.
Oaklins’ team in India advised Housr Technologies Private Limited on securing this debt raise, which was used as early-stage growth capital for the addition of new properties. The team reorganized the existing cash flows to be held in escrow under a waterfall structure, with funds initially used to repay scheduled obligations. Any surplus cash flows would then be directed into the company. This approach created a collateral-free structure with a clear path to profitability, driven by new asset additions and high operating leverage.
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