India, July 1 -- AI-property management startup Crib App has acquired rent financing platform CirclePe to embed zero-deposit renting and upfront operator financing capabilities within its platform.

Founded in 2021 by Sunny Garg, Shaifali Jain, and Archit Chauhan, Crib operates as a management tool for co-living spaces, hostels, and paying guests. Property operators can use the platform to manage occupancy, payments, residents, and operations.

It claims to have onboarded 2,500 property operators who manage a cumulative $1 Bn in rent. It manages end-to-end operations of these properties including inventory, agreements, onboarding, invoicing, collections, renewals and move-outs.

Now, tenants moving into properties managed by Crib will be ...