Voyage Group and Akatsuki's AET Fund both exited co-living space operator StayAbode, which has been bought by NestAway in a cash-and-equity transaction.
Rented accommodation provider NestAway has acquired India-based co-living space operator StayAbode for an undisclosed amount, allowing corporates Voyage Group and Akatsuki to exit, TechCircle reported on Monday.
The deal consisted of a mixture of cash and equity in NestAway, according to people familiar with the matter.
Founded in 2016, StayAbode operates fully furnished co-living apartments that combine private bedrooms with stylish, modern communal areas. Housekeeping and utility bills are included.
The properties are typically in brownfield redevelopments marketed toward aspirational…
