India has the most favorable demographics of the world, we’re a youth-based nation and what differentiates the youth of today from that of yesterday is the fact that we’re valuing our education much more than we did in the past.
Over 34 million students are enrolled for higher education in India, a number that is expected to rise to 40 million by 2020. Apart from education, the need that unites these millions of students is that for comfortable living while away from home.
Owing to this rapid advancement in higher education, the expanse of the student accommodation sector unceasingly multiplies. Having anticipated this increasing demand, a group of students from Delhi University is venturing the opportunity through their startup- YourShell.
The student housing company YourShell provides its student residents with fully furnished rooms adorned with carefully crafted decor, 4 time meal plan with regular milk, fruits and additional beverages, dedicated housekeeping, personalized caretaking and a robust redressal system. YourShell properties also offer a whole new set of free services to their residents which include library, gaming zone, gym, prepaid electric meters, smart card entry system, online payment portal, career counseling sessions, internship guidance and rent credit facility.
Founded in November 2016 by Sunny Garg, Vishesh Khunger, Shaifali Jain, Gaurav Verma & Vartika Sharma, YourShell has been financially backed by the Standup India scheme of Modi government since its incorporation and is now a government recognized startup.
Operating as Lofty Ventures Pvt. Ltd., YourShell currently owns 11 properties around Delhi University North Campus and is home to 165+ students. They’re planning to launch over 250 more brand new beds in May 2018 and are looking at the prospect of entering various other parts of Delhi by the end of the year.
The intent of this project is to revolutionize the conventional forms of student housing and to organize the disoriented accommodation sector in all major educational hubs of the country.