Homversity
Leading provider of affordable hostel and PG accommodations near universities across major Indian cities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
* | $1.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 121 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Homversity is a prominent player in the Indian accommodation market, specializing in providing affordable hostel and PG (Paying Guest) accommodations near universities and colleges across major cities in India. The company caters primarily to students seeking convenient and budget-friendly living options close to their educational institutions. Operating in cities such as Kota, Ahmedabad, Dehradun, and many others, Homversity has established itself as a reliable solution for student housing needs.
The business model of Homversity revolves around connecting students with suitable accommodation options through its online platform. By listing a wide range of hostels and PGs, the company earns revenue through service fees charged to property owners for listing their accommodations and possibly through commissions on successful bookings. This model ensures a steady stream of income while providing value to both students and property owners.
Homversity's market is primarily focused on the education sector, targeting students who require safe, affordable, and conveniently located housing. The company has gained recognition for its services, being invited to prestigious events such as the Startup India Global VC Summit and the RISE Hong Kong Startup event. Additionally, it has been rated as one of the top 10 co-living startups in 2019.
Keywords: student housing, affordable accommodation, hostels, PGs, universities, India, online platform, budget-friendly, education sector, co-living.