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Homoversity

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Full detailed information about Homoversity pitch in Shark Tank India Season 3. Know more about the business, founders, pitch, deals and hidden facts.
Homversity Shark Tank India 1

Homoversity: Revolutionizing Student Housing with Technology

Imagine searching for a comfortable, safe, and affordable place to live amidst the chaos of student life. Enter Homoversity, a revolutionary platform that takes the hassle out of student housing. Founded by Saurabh, Homoversity leverages technology to connect students with verified accommodations that cater to their specific needs and preferences.

Gone are the days of dealing with unreliable brokers, unhygienic hostels, and unclear information. Homoversity empowers students with a user-friendly app and website, offering a wide range of options across 30 Indian cities.

But Homoversity isn’t just about finding a place to stay; it’s about creating a home away from home.

Homoversity is more than just a marketplace; it’s a community. They bridge the gap between students and property owners, ensuring a smooth and satisfying experience for both.

So, whether you’re a young student embarking on a new adventure or a seasoned professional seeking a comfortable stay, Homoversity has you covered. Stay tuned as we dive deeper into their journey, exploring their innovative approach, impact on the student housing industry, and future aspirations!

About The Company – Homoversity

Startup / Company NameHomoversity
IndustryHostel Industry
FounderSaurav Kumar Sinha
Product / ServiceHomoversity App
Revenue5.6 Crores Expected Revenue (24-25)

About The Pitcher

Number of PresentersOne presenters
Name of PresentersSaurav Kumar Sinha
Pitchers CityNA
Pitchers StateNA

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Homoversity Pitch Details

Shark Tank EpisodeEpisode 3
Original Ask Amount₹ 65 lakhs
Original Ask Equity2% Equity
Original Valuation 32.5 Crores
Offer ReceivedNA
Final Deal AmountNA
Total Deal EquityNA
Sharks in DealNA

Solutions Offered

Finding the right student accommodation can be a nightmare. Unreliable brokers, unhygienic hostels, hidden charges, and limited options often leave students feeling frustrated and helpless. Homoversity emerges as a knight in shining armor, offering a plethora of solutions to these age-old problems:

1. Wide Range of Verified Accommodations:

Homoversity boasts an extensive network of properties across 30 Indian cities, catering to diverse student needs and preferences. Whether you seek a lively shared apartment, a cozy PG, or a secure single room, Homoversity has it all. They meticulously verify each property, ensuring adherence to safety and quality standards.

2. Information Transparency & Trust:

Gone are the days of blurry photos and vague descriptions. Homoversity empowers students with detailed information about each property, including:

  • 145+ data points: This comprehensive checklist covers everything from room size and amenities to security features and distance from campus.
  • Regular photo updates: No more outdated or misleading pictures. Homoversity ensures property photos are current and accurately reflect the living space.
  • Meal preferences and timings: Whether you’re a vegetarian or have specific dietary needs, Homoversity helps you find accommodations that cater to your preferences.

3. Seamless Booking & Secure Payments:

The user-friendly app and website streamline the booking process. You can search, compare, and book your desired accommodation with ease. Secure payment options ensure your financial transactions are safe and hassle-free.

4. Efficient Maintenance & Support:

Facing a leaky faucet or malfunctioning appliance? No worries! Homoversity offers prompt maintenance services to address any concerns you might have during your stay. Their dedicated team ensures your living environment remains comfortable and well-maintained.

5. Building a Community:

Homoversity goes beyond just providing accommodation. They foster a sense of community by connecting students with like-minded individuals and property owners. This creates a supportive network where students can feel at home and thrive in their academic pursuits.

Overall, Homoversity offers a comprehensive solution to the challenges faced by students seeking housing. Their commitment to transparency, quality, and community building sets them apart, making them a game-changer in the student housing industry.

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Lesser Known Facts About Homoversity

  • Founder’s Passion: Driven by his own struggles finding suitable student accommodation, Saurabh, the founder of Homoversity, identified a gap in the market and created a solution to address it.
  • Data-Driven Approach: Homoversity goes beyond basic listings, utilizing 145+ data points to ensure property quality, safety, and suitability for student needs.
  • Focus on Transparency: Regular photo updates, detailed descriptions, and clear information about amenities and policies build trust and empower students to make informed choices.
  • Catering to Diverse Needs: From shared apartments to single rooms, vegetarian options to specific dietary preferences, Homoversity caters to a wide range of student requirements and preferences.
  • Emphasis on Community: Homoversity fosters a sense of community by connecting students with like-minded individuals and property owners, creating a supportive network away from home.
  • Early Traction: Despite being a relatively new company, Homoversity has already secured partnerships with properties in 30 Indian cities and facilitated bookings worth crores of rupees.
  • Ambitious Vision: Homoversity aims to become the go-to platform for student housing in India, revolutionizing the industry with technology and transparency.
  • Shark Tank India Pitch: The company’s appearance on Shark Tank India garnered attention and sparked discussions about the challenges and opportunities in the student housing sector.
  • Focus on Profitability: While still in its early stages, Homoversity has a clear roadmap to profitability, aiming to break even within a year and achieve significant revenue growth in the coming years.
  • Potential for Global Expansion: The company’s data-driven approach and focus on student needs could translate well to international markets, opening doors for future global expansion.

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With a collective experience of over 20 years in journalism, research, and content creation, the Editorial Team at True Bio Wiki is a diverse group of seasoned professionals. Our team members hold degrees in Journalism, Media Studies, and Communications from reputed institutions. Read more about us.

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