Oxfordcaps raised fund in a Series A funding round
Singapore based student housing platform “Oxfordcaps” has raised $8 million in a Series A funding round, which was led by Times Internet, a subsidiary of Times Group. Oxfordcaps provides hostels and residential properties to students and these properties are safe and affordable. Oxfordcaps would use the raised fund to expand its operations in more than 10 cities of India and Singapore. This would assist Oxfordcaps to strengthen their product using technology and innovative designing. The startup claims to have 30x growths in less than 10 months since its launch in India. Oxford aims to expand its product across education hubs in India, which includes Delhi, Noida, Gurgaon, Jaipur, Indore, etc. Oxfordcaps would have a bright future in India as more than 10 million students across India migrate to different cities to pursue their academic dreams.