Housing start-up Placio is helping students find a home away from home

Providing accommodations for students pursuing higher studies outside their hometown has always been a pain for institutions as many a time they fail to meet the demands. Placio, a Noida-based student housing start-up, is helping bridge this supply and demand gap.  

The start-up was founded by Rohit Pateria, a chartered accountant, and  Ankush Arora, a post-graduate in hospitality, in 2016. The startup’s digital platform curates modern living spaces, fully-furnished rooms, private rooms and personal apartments near localities and university campuses. 

Incubated at the Amity Business Incubator, Placio recently raised $2 million in pre-series ‘A’ round from Prestellar Ventures, a Singapore-based private