University Living registers 300% growth in global student accommodation biz

In the past four months alone, the company has exceeded the total business done in the previous year, beating the target number and internal milestones for FY 2019-20 ahead of its time

Founded by two Indians, Saurabh Arora and Mayank Maheshwari, University Living, an innovative-managed marketplace and purpose-built housing provider for international students pursuing higher education, has clocked a 300 per cent year-on-year increase in its revenues.

From booking 50,000 nights in the year of its debut, the company has achieved the current average booking rate of 120,000 nights per month since 2016. In the past four months alone, the company has exceeded the total business it did last year, beating the target number and internal milestones for FY 2019-20 ahead of time.

Currently offering 1 million beds in 12,000 verified properties,