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The transformation of OYO Life; Why Housejoy got into home construction

The Gurugram-based company has been transforming itself into a real-estate hotels and homes brand since late 2017, diversifying into different verticals.

The transformation of OYO Life; Why Housejoy got into home construction

Saturday November 09, 2019 , 3 min Read

It was in October 2018 when OYO announced its entry into the co-living segment with OYO Life - one of the late entrants into the market.


The Gurugram-based company has been transforming itself into a real-estate hotels and homes brand since late 2017, diversifying into different verticals. 


Now, after a year of operating in the segment, competing with the likes of Tiger Global-backed Nestaway and other startups like Zolo Stays, and Stanza Living, OYO Life has spread its wings far and wide.


CEO Rohit Kapoor tells us, "We started with one city and now are in nine cities - Delhi, Gurugram, Noida, Bengaluru, Chennai, Hyderabad, Mumbai, Kolkata, and Pune. We have over 40,000 beds and have grown 6X since starting operations. We have over 700 properties across the nine cities. It typically takes three months for one building to be filled."


In an interaction with YourStory, Rohit Kapoor, CEO, New Real Estate Businesses, OYO, speaks about the brand, the evolution of the co-living segment, and staying ahead of the curve.


Oyo life

Why Housejoy got into home construction business

HouseJoy

HouseJoy

In a video interview with YourStory, Housejoy CEO Saran Chatterjee and new COO Sanchit Gaurav talk about scaling their home construction startup from 200 homes a month in Bengaluru at present to more in other cities.



Air Matters alerts you in a pollution emergency

Air Matters app

At a time when the Delhi-NCR is enveloped with smog and has the worst air quality in India, Air Matters provides hourly, daily, and weekly pollution alerts, letting users monitor AQI, different types of allergens in the air, and other weather metrics (temperature, wind speed, moisture levels, etc).



Tech insights from Fable CEO Padmasree Warrior

Padmasree Warrior

Padmasree Warrior, Founder, Fable

With more than two decades of experience in tech, Padmasree Warrior is one of the most notable trailblazers of the industry. Speaking with HerStory, Padmasree shares insights into the world of women in tech, and the future she hopes to see.



Why Indians are joining social network Mastodon

Mastodon feature image

Mastodon is the latest obsession in the Indian cyberspace with hordes of Twitter users joining the "happier" platform. Here's why the open-source social network has gained popularity.



This college project-turned-startup is empowering the deaf

Bleetech Innovations

Jahnavi Joshi (left) and Nupura Kirloskar (right), co-founders of Bleetech Innovations.

Founded by industrial designers Nupura Kirloskar and Janhavi Joshi, Bleetech Innovations offers a digital platform for the deaf to learn better. Blee TV, a free mobile app and web portal, provides access to useful and informative content while BleeTV Library is curated specifically for children.



Alibaba sets eyes on $15B Hong Kong listing

alibaba-2

Alibaba, which is already listed on New York's Nasdaq, had planned to list in the summer but called it off owing to the city's long-running pro-democracy demonstrations and the US-China trade war.



Delhi-based Odhni records Rs 80 Cr turnover

Odhni

Puneet Jain and Yatin Jain, Directors, Odhni

Odhni was founded in 1999 as a saree retail store. Twenty years down the lane, the company deals in lehengas, gowns, suits, Indo-Western wear, and more, and records a turnover of Rs 80 crore. 



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