News Point: Oxfordcaps, India’s largest Student Housing company with presence across India and Singapore, announced its entry into Indonesia and Malaysia in partnership with one of the largest real estate developers in South East Asia.
Oxfordcaps provides a custom designed and standardized Student Housing product with a full-stack model of services and amenities. Co-founded by two women founders, INSEAD graduate Annu Talreja, CEO and IIM-Calcutta alumni Priyanka Gera, COO – the Company has clocked a 75X growth in <11 months since its launch in India and has expanded from 200 beds to over 15,000 beds across 12 cities.
Annu Talreja, CEO of Oxfordcaps, said “We are extremely happy to be the first coliving/Student Housing player from India to expand across the continent. Indonesia and Malaysia with over 5mil and 1.5mil mobile students respectively provide an extremely attractive market. Our business model of providing standardized Student Housing experience is highly scalable, and given our experience and brand presence in Singapore, we become a natural choice for leading universities across APAC. This expansion will take us to 20,000 beds across 15+ cities, making Oxfordcaps the largest Student Housing manager in Asia. By 2021, the company aims to redesign the Student Living experience across Asia Pacific with over 2 lakh beds.”
Adding to future growth plans and overall market opportunity, Priyanka Gera, COO of Oxfordcaps, said, “We have received tremendous interest from the investor community, specifically institutional capital from US and Europe as they recognize the market size and are betting big on this space. Over the past two years, we have successfully created the tech stack that supports this scale-up and provides a seamless customer experience. Our full stack service model allows us to control the end-to-end customer experience, and partnerships with some of the largest real estate developers helps us scale-up supply.”
The Company operates via three sub-brands and caters to students across price segments including Oxfordcaps Premium Residences, Oxfordcaps Student Residences and Oxfordcaps Dorms for the budget segment.
It offers fully-fitted out and custom designed residences with full-stack service model including Wi-Fi, laundry, nutritious meals, professional housekeeping and an array of events and activities focused on career development and lifestyle for its students. Oxfordcaps works directly with universities and colleges as well to build a tailored experience for the student community, both via on-campus and off-campus housing.
Track2Realty is an independent media group managed by a consortium of journalists. Starting as the first e-newspaper in the Indian real estate sector in 2011, the group has today evolved as a think-tank on the sector with specialized research reports and rating & ranking. We are editorially independent and free from commercial bias and/or influenced by investors or shareholders. Our editorial team has no clash of interest in practicing high quality journalism that is free, frank & fearless.
Now you can subscribe our YouTube Channel @ https://bit.ly/2tDugGl
