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University Living

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University Living
Company typePrivate
IndustryStudent accommodation
Founded2015
FounderSaurabh Arora and Mayank Maheshwari
HeadquartersNoida, Uttar Pradesh, India
Key people
Saurabh Arora (Founder & CEO)
Mayank Maheshwari (Co-founder & COO)
WebsiteOfficial website

University Living is a student housing marketplace headquartered in Noida, India.[1] Founded in 2015, the platform operates in several countries, including India, the UK, the US, and Australia.[2][3]

History

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Saurabh Arora and Mayank Maheshwari founded University Living in Noida, Uttar Pradesh, in 2015.

The platform was created to assist students in finding hostels and accommodation in various countries.[4]

In 2018, the company received pre-series A funding from Indian Angel Network (IAN) and LetsVenture.[5]

In 2023, University Living launched StudentAccommodationGPT[6] and Study Abroad Buddy.[7]

In March 2024, the company introduced the third edition of its social scholarship program[8][9] to provide financial support to Indian students pursuing education in countries like the United Kingdom and Australia.[10]

By 2024, the company was offering two million beds across 65,000 properties in 515 educational hubs worldwide.[1]

Partnership & acquisition

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In January 2023, University Living partnered with One Vasco to assist with student visa applications.[11] In May 2023, the company partnered with Nottingham Trent University to provide £5000 social scholarships to Indian students enrolling at the university.[12]

In October 2023, University Living and Londonist launched Uninist, a platform for student housing.[13] In February 2024, the company partnered with Pearson PTE to provide accommodation, financial services, and logistical assistance for Indian students studying abroad.[14][1]

In June 2024, University Living acquired a 51% stake in UK-based StudentTenant.[15]

Awards

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In 2023, the company received the Cross Border Business Growth Award from Entrepreneur magazine.[16]

References

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  1. ^ a b c Verma Lal, Preeti (February 22, 2024). "Pearson and University Living collaborate to offer accommodation & financial services to students". Moneycontrol.
  2. ^ "University Living eyes $1.2 billion GMV by 2024". The Times of India. 2022-12-13. ISSN 0971-8257.
  3. ^ Chowdhary, Sudhir (2019-10-21). "University living: Tech-enabled platform providing a home for overseas students". Financialexpress.
  4. ^ Sai Kiran, Manthati (2024-05-11). "Meet Mayank And Saurabh, Who Built Rs 300 Cr Bootstrap Startup, After Facing Abroad Accommodation Woes". Times Now.
  5. ^ "Delhi-based start-up University Living raises pre-series A funding – Tech Observer". 2018-08-24.
  6. ^ "University Living launches AI-Powered Solution StudentAccommodationGPT.ai to revolutionise the student accommodation sector". Express Computer. 2023-06-22.
  7. ^ "University Living introduces 'Study Abroad Buddy'; aims to enhance international education via AI-powered platform". Financialexpress. 2023-09-26.
  8. ^ "University Living Launches Social Scholarship For Indian Students Pursuing Higher Education In UK And Australia". Hindustan Times. March 7, 2024.
  9. ^ "University Living announces Social Scholarship Program for Indian Students Pursuing Higher Education in UK & Australia". The CSR Universe.
  10. ^ "University Living announces Social Scholarship Programme for Indian students". The Indian Express. 2024-03-10.
  11. ^ "University Living expands its offerings to aid student mobility". Financialexpress. 2023-01-25.
  12. ^ "Scholarships for social changemakers; University Living and Nottingham Trent University join forces". Financialexpress. 2023-05-22.
  13. ^ Johnson, Amy (2023-10-09). "University Living and Londonist DMC partner to create Uninist". PBSA News.
  14. ^ "Pearson partners with University Living; aims to support Indian students' global education journey". Financialexpress. 2024-02-20.
  15. ^ Gupta, Paromita (2024-07-10). "University Living Acquires 51% Stake in StudentTenant to Expand UK Market Presence". Entrepreneur.
  16. ^ "Register for Entrepreneur Expo - Connect with Industry Innovators". www.entrepreneurindia.com.