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Daily Briefing

OxfordCaps raises USD 8 Mn led by Times Internet

Mar 27, 2019 by The Passage Team
OxfordCaps raises USD 8 Mn led by Times Internet

Oxfordcaps, a tech-enabled student housing company, has raised USD 8 million in Series A funding led by Times Internet. Existing investors Kalaari Capital and Silicon Valley-based investor 500 startups also participated in this round of funding.

Founded by Annu Talreja and Priyanka Gera, Oxfordcaps provides technology-driven living experience to students in Singapore and India. The online booking platform allows university students to book their ready-to-move-in student accommodation.

OxfordCaps has clocked 30X growth in less than a year and aims to grow its operations across cities like Delhi, Noida, Greater Noida, Dehradun, Indore, Jaipur, Pune, Bengaluru, and Ahmedabad.

The company operates via three sub-brands and caters to students across price segments including Oxfordcaps Premium Residences, Oxfordcaps Student Residences and Oxfordcaps Dorm. It directly works with universities and colleges, both via on-campus and off-campus housing.

India’s residential rental market is pegged between USD 18 billion and USD 20 billion, according to industry estimates.

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The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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