AsiaTechDaily – Asia's Leading Tech and Startup Media Platform
Headquartered in Singapore, Oxfordcaps was founded by INSEAD graduate Annu Talreja (CEO) and IIM-Calcutta alum Priyanka Gera (COO) in the year 2017. Oxfordcaps offers a technology-driven living experience to Gen Z students in different parts of India and Singapore. Oxfordcaps works in unison with universities via on-campus and off-campus housing in order to build a tailored experience for the student community. Additionally, with so much progress and advancement in such a short span of time, Oxfordcaps has emerged to be the best technology-enabled housing community for students.
Oxfordcaps has managed to raise an amount of US$8.15 million in Series A funding conducted by Times Internet, a digital unit of India’s leading media company, The Times of India Group. Other investors who co-invested in this round were Bangalore-based Kalaari Capital and 500 Startups. Oxfordcaps will utilize the new capital to boost its growth with expansion into 10-plus cities in India. Besides that, the funds will also be used for standardization of its student housing product. Oxfordcaps plans to grow its operations across education hubs in India such as Delhi, Indore, Noida, Greater Noida, Ahmedabad Dehradun, Jaipur, Pune, and Bengaluru. Previously, in the year 2017, Oxfordcaps procured seed funding from 500 Startups, ReadyVentures as well as a group of undisclosed angel investors.
Oxfordcaps, the company operates via three sub-brands, namely Oxfordcaps Student Residences, Oxfordcaps Premium Residences, and Oxfordcaps Dorms for the budget segment. Additionally, it caters to students across different price segments. Oxfordcaps offers custom designed and fully equipped residences for students with top-notch service model including high-speed wifi, laundry as well as highly nutritious meals. In addition to that, Oxfordcaps also offers professional housekeeping along with a number of activities and events focused on career development and lifestyle for students. Since Gen Z’ers is at the core of its business, it is also investing in technology such as IoT and Deep Learning architectures, to provide students with customized and captivating living experience. At present, the company has 5500 beds in its inventory, and it plans to expand it to 10,000 beds by this year.
It cannot be denied that student housing today suffers from a high level of fragmentation.
For this reason, Oxfordcaps addresses price transparency, reliability, and lack of tech enablement of processes in order to provide students with quality solutions. Last but not least, get in touch with Oxfordcaps and become a part of the world’s best student housing community.
Get in touch with the team today.
Image Source- Google.