University Living Accommodation Pvt Ltd

University Living Accommodation Pvt Ltd is a specialized platform that facilitates booking student housing, primarily serving international students across various global markets. Founded in 2015, University Living Accommodation Pvt Ltd is a company focused on providing tailored accommodation solutions for international students. Headquartered in New Delhi, India, the company has engaged in a single investment deal, notably raising INR 40. 09 million in venture funding on August 9, 2018, from investors including Indian Angel Network, Lets Venture Technologies Private Limited, Moonbeam Capital Managers, and Sparrow Tech Private Limited.

The founders, Amrit Bhasin, Mayank Maheshwari, and Saurabh Arora, bring a wealth of experience to the company, with Saurabh Arora currently serving as the CEO. University Living primarily offers a specialized platform for booking student accommodation tailored for international students. The platform provides access to over 65,000 verified properties in more than 640 cities worldwide, including major markets such as the United Kingdom, United States, Australia, Canada, and Germany. Its core offerings include a diverse range of accommodation options, from purpose-built student accommodations (PBSA) to private apartments, catering to varying preferences and budgets.

By focusing on securing safe, reliable housing near universities, University Living addresses the challenges international students face when searching for suitable living arrangements. The platform not only facilitates the search and comparison of properties but also enhances the user experience through personalized property recommendations and 24/7 expert assistance. In the most recent fiscal year, 2023, University Living reported a revenue of INR 4,175,667. 9, while also recording an EBITDA of INR -662,217.

8. The revenue model is structured around transactions with students seeking accommodation, generating income through service fees on secured bookings that are integrated into the overall accommodation cost. This model focuses on verified properties and direct engagement with consumers, ensuring that pricing structures are all-inclusive to help students manage their budgets effectively. Following the venture funding raised on August 9, 2018, amounting to INR 40.

09 million, University Living aims to expand its product offerings and enhance its platform capabilities. The company is currently strategizing to enter new markets, specifically targeting regions with high international student populations and plans to leverage recent funding to support these expansion efforts. Through these initiatives, University Living seeks to strengthen its market presence and address the ongoing demand for reliable, safe accommodation solutions for international students.