your-space

Based in India, your-space is a provider of specialized student accommodation solutions, focusing on co-living experiences for students and young professionals in urban centers. your-space was founded in 2016 and operates out of New Delhi, India, providing tailored accommodation solutions for students. The company has successfully raised INR 750. 000 mn in its SERIES A funding round, which was led by investors Ajax Capital and Holy Basil Consultancy Pvt Ltd.

Karan Kaushish, the founder, has previously been involved in the sector and has guided the company through six significant deals. your-space operates as a premier provider of student accommodation solutions, emphasizing co-living experiences tailored for students and young professionals. The company's core offerings include fully furnished hostels and paying guest (PG) accommodations, featuring amenities such as high-speed Wi-Fi, communal recreation areas, and security measures like 24/7 CCTV surveillance and on-site security personnel. Designed with the needs of students in mind, these living spaces promote a sense of community while addressing essential aspects like safety, comfort, and convenience.

your-space serves a diverse client base across major Indian cities, including Delhi, Mumbai, Bangalore, and Pune, aiming to provide an affordable and lifestyle-oriented living environment for students from various educational institutions. The company has strategically positioned itself in urban markets where the demand for quality student accommodation is on the rise. In 2023, your-space generated revenue of INR 14,598,234. 70 with an EBITDA of INR -2,361,372.

The revenue model is primarily based on direct-to-consumer transactions, with agreements for long-term stays typically ranging from 10 to 11 months, allowing customers to secure accommodations across various settings. Looking ahead, your-space plans to expand its offerings with new accommodation products tailored to student needs, with launches aimed before the start of the next academic year. The company is targeting growth into additional city markets across India by mid-2024. Recent funding from Pivot Ventures will be utilized to support these expansion efforts and enhance operational capabilities.