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NestAway: Home rental marketplace providing fully furnished apartments at affordable prices

Updated: Jul 31, 2020

Nestaway was established in Bengaluru by Amarendra Sahu, Deepak Dhar, Jitendra Jagadev, and Smruti Parida in January 2015. All four founders had experienced a common problem – finding a home in the big city. Young people faced different kinds of discrimination. Single women and bachelors are considered unreliable. Migrants from other places are viewed with suspicion as they appear as ‘foreigners’ in a new city. Further, many newcomers did not have the knowhow to get around, lacking access to local insights in a new city.

They thought that the people leaving homes to relocate to another city needed more than just a house. They needed a place they could call home, a community where they would be accepted and a platform that allows connections to various other access points.

The NestAway App helps you find, book, and move into a rental home of your choice. It is currently present in 13 Indian major cities. It is managing over 30,500 rental properties. NestAway has raised INR 34.92 Cr ($5 Mn) from existing investor Goldman Sachs. The company is planning to venture into women housing and senior housing sector by 2020.


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