Isthara funding, investors and company details

Isthara is an emerging Hospitality startup from Chennai, working in the space of Co-living and food-tech startup that manages tech-enabled shared living spaces and smart food courts across India.. Founded by Gilbert James Lourduraj, Krishna Kumar.

Company: Isthara Parks Private Limited
Sector: Hospitality
Location: Chennai
Founders: Gilbert James Lourduraj, Krishna Kumar
Total funding raised: ₹82.77 Cr

Company overview

Isthara, founded in 2017, is a co-living and food-tech startup that manages tech-enabled shared living spaces and smart food courts across India. The company was created to meet the rising need for affordable, digitally integrated living and dining solutions for students and young professionals. Starting with co-living accommodations, Isthara offered standardized housing equipped with amenities such as housekeeping, WiFi, and well-planned layouts. It later expanded into smart food courts and cafeterias, building a “phygital” ecosystem that merges physical dining spaces with digital convenience. Today, Isthara operates 60+ multi-brand diners (MBDs) across India, collaborating with a wide range of F&B partners to maximize food court efficiency and elevate customer experience. Its tech-first ecosystem includes mobile apps, POS systems, and unified payment solutions. The company’s multi-vendor model brings varied cuisines together in one space, boosting revenue opportunities for vendors while delivering curated, convenient dining options for customers—particularly in university campuses and corporate environments.

Funding rounds

Latest round: $ 10.00 Mn (₹82.77 Cr.), 2022-10-13. Investors: Eagle Investments