He Boot Strapped Start Up Myroomie In Has Scaled To 3 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bengaluru (Karnataka) [India], August 23 (ANI/NewsVoir): In this day and age when many start-ups, flush with capital, espouse growth-at-any-cost philosophy, one of India's leading student housing start-ups Myroomie.in is charting a different path keeping solid business fundamentals at the heart of its business. In a matter of four years, the boot-strapped start-up Myroomie.in has scaled up to 3,000 beds in Bengaluru and Chennai. Today, Myroomie.in has an industry-leading 95 per cent occupancy in all its properties and has one of the lowest cost structures in the student-housing industry. It has one of the highest EBITDA in the industry too. How did Myroomie.in achieve this? The secret sauce is backward integration! It is the only start-up in the student housing industry which has backwards integrated big chunks of its value chain. "It all started off with the COVID-19 outbreak. The business had come to a standstill and there was so much of time on hand. We thought we could use ....

Andhra Pradesh , Tamil Nadu , Dennis Basil , Monami Hospitality Private , Founder Of Monami Hospitality Private , Monami Hospitality Private Limited , South India , Bengaluru Karnataka India , Ugust 23 Ani Newsvoir In This Day And Age When Many Start Ups , Lush With Capital , Spouse Growth At Any Cost Philosophy , Ne Of India 39s Leading Student Housing Start Ups Myroomie In Is Chartinga Different Path Keeping Solid Business Fundamentals At The Heart Its Ina Matter Four Years , He Boot Strapped Start Up Myroomie In Has Scaled To 3 , 000 Beds In Bengaluru And Chennai Today , Yroomie In Has An Industry Leading 95 Per Cent Occupancy All Its Properties And One Of The Lowest Cost Structures Student Housing It Highest Ebitda Too How Did Myroomie Achieve This Secret Sauce Is Backward Integration Only Start Up Which Backwards Integrated Big Chunks Value Chain Quot Started Off With Covid 19 Outbreak Business Had Come Toa Standstill There Was So Much Time On Hand We Thought Could Use To Explore Process Innovation That Genesis , Uot Recalls Dennis Basil , Eo And Founder Of Monami Hospitality Private Limited , Hich Runs Myroomie In Today , Yroomie In Has Achieved 100 Per Cent Backward Integration Interior Designing And Food Beverage Departments Quot When We Started Evaluating Opportunities For , E Zeroed In On Interior Designing Andf Amp B , Uot Says Dennis The Interior Furnishing Costs Area Major Chunk Of Capital Expenditure For Any Student Housing Start Up And Food Isa Operational Myroomie In Today Manufactures All Its Furniture House Savinga Lot Capex Company Thef Ampb Division Is Run By 100 Per Cent Team , E Adds Quot Initially , E Had Outsourced Food Catering But Our Students , Ho Stay Away From Their Parents And Homes , Eed Homely Food And Not Restaurant We Havea Well Trained Team Of Chefs Cooking Assistants Who Prepare Fresh Free Additives Chemicals Now Have Greater Control Over The Process Quality Our Students Are Very Happy No Wonder , Yroomie In Has The Highest Approval Rating From Student Community Bengaluru ,