Singapore: 500 Startups invests in student-housing startup Oxfordcaps

Source: Oxfordcaps

500 Startups has teamed up with ReadyVentures and other angel investors to invest in a seed funding round in Oxfordcaps, a Singapore-based student housing startup.

Oxfordcaps, according to 500 Startups, aims to solve the problem of lack of dedicated student-engagement online community in Asia.

Founded in 2017, Oxfordcaps enables students to search for and book student-friendly accommodation based on their specific needs and also find house mates with similar interests.

Additionally students can also opt for other services such as housekeeping, meals and laundry and the entire payment process is simple, secure and streamlined.

Founders INSEAD alumni Annu Talreja, and Indian Institute of Management graduate Priyanka Gera, plan to invest the fresh capital for deeper penetration in Asian markets and for ramping up their operations in the region.

Talreja and Gera have more than 20 years of experience in real estate development, architecture and business across multiple markets in the APAC region.

500 Startups partner, heading investments in Southeast Asia, Vishal Harnal, said, Oxforcaps offers a solution to expensive and limited housing supply in cities where most Asian universities are located, unlike the university towns in the western world, resulting in sub-optimal options for students.

Every year, more than 100 million students relocate from one city to another for higher education in the Southeast Asian region and on-campus student housing caters to a meager 20 per cent of the demand.

“The Oxfordcaps team brings the perfect blend of expertise in real estate and hospitality across Asia to build a custom-built, technology enabled solution for the Asian markets,” Harnal said.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.