Co-living operator Stanza Living has collaborated with academic institutes and corporates to handle almost 10,000 hostel beds as a part of its enterprise growth technique. Starting with near 10,000 hostel beds, the corporate has claimed to have partnered with engineering and administration institutes comparable to JECRC University, Presidency University and GM Institute of Technology.
According to the corporate, as part of the collaboration, it would assist schools to supply a high-quality, hygienic and tech-facilitated campus expertise to college students. Stanza Living goals to deal with the hostel administration issues by way of its technology-powered plug and play service ecosystem.
Under the ability administration vertical, college students and dealing professionals can avail companies together with F and B, laundry, housekeeping, mobility, safety, neighborhood engagement and leisure actions, stated the corporate. Depending upon customisation and working location, the corporate will cost service charges ranging between Rs 3,500 to Rs 5,500 per client for the brand new providing.
“As consumers increasingly prioritise safety, hygiene and convenience, quality of living facilities has become a strong consideration factor in selecting an academic institution or even a place of work outside their hometown,” stated Anindya Dutta, MD, co-founder of Stanza dwelling. “Seeing the growing inbound interest from partners across the country, we plan to invest close to Rs 15 crore to build out this high-potential segment,” he additional added.
With inputs from PTI.
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Source: www.financialexpress.com”