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New Delhi, July 22nd, 2021: Housr, India's fastest growing co-living brand, today announced that it has appointed Parag Gupta as its Chief Financial Officer (CFO). Prior to this stint, Parag has led the finance and associated functions of AT&T India, PAYPAL India, NImbuzz and Shyam Spectra as a CFO and a strategic finance leader. With over 18 years of progressive achievements, he comes with extensive experience of setting up and scaling businesses with an eye on profitability and value creation for all stakeholders.
"We are extremely delighted to have Parag in the Housr team. His deep experience in the finance function and his background in many large global corporations will be a strong addition to our leadership team. I am certain that Parag will make a significant contribution to the continued success of the company as we execute our strategic growth agenda and take Housr to the next level,” said Deepak Anand, Co-Founder and CEO, Housr.
Speaking of his new appointment, Parag commented,“Seeing the rise in demand for co-living among working professionals, I realised the enormous potential and plans that Housr has in store across the country and I am truly excited to take on this new challenge as part of my career trajectory.”
Housr has seen tremendous growth in the past year by taking the tech-driven platform they have built around coliving, and applying it to all segments of the residential industry including different dwell unit types, target renters, and locations. It has been able to create economies of scale via this model and has emerged as the only profitable homegrown co-living brand in the country. Designed and managed by millennials for millennials and the millennial-minded, Housr combines creative living spaces with curated social programmes to create a lifestyle environment that supports work, stay and play.
At present, Housr has 20+ properties across NCR, Pune & Hyderabad and is aiming to aggressively launch more cities and properties in the next 6-9 months. Housr aims to be India's largest and fastest growing co-living brand with 10,000+ locked in beds PAN India by 2022.
Housr is a unique full stack co-living platform which fosters communities through state-of-the-art, aggregated, tech-enabled shared spaces for young working professionals and students. Founded in 2018 by real estate veterans, Deepak Anand and Kalpesh Mehta, Housr offers easy and hassle-free living for millennials. In just two years of its operations, it has emerged as India's fastest growing co-living brand. Housr aims to transform the way millennials live with high quality affordable co-living spaces which make their lives easier, more convenient, fulfilling and memorable. Housr leases full residential towers, studio apartments, serviced apartments from developers on a long term lease. Housr plugs the product gap by catering to the demand for affordable and safe accommodation for working professionals in key corporate hubs of India.
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