Rowstel aims to redefine long-term rental accommodations in India for the first time ever, by offering fully-furnished, technology-integrated studio pod rooms. Targeting young inter-state and district migrants, it provides a network of monthly rental services with comprehensive amenities, focusing on quality, affordability, and eco-conscious living. Its unique business model addresses the underserved market of quality long-term accommodations, ensuring a vibrant and sustainable living environment for young bachelors in urban areas. Through strategic expansion and a commitment to community and sustainability, Rowstel distinguishes itself in the prop-tech sector, poised for significant growth.
Startup Description
Rowstel is a pioneering startup dedicated to revolutionizing the long-term rental accommodation sector in India. It offers meticulously designed, fully-furnished studio pod rooms that integrate modern technology to cater to the needs of young inter-state and district migrants looking for quality, affordable living spaces. With a focus on sustainability, community, and the well-being of its tenants, Rowstel is positioned to address the gap in the market for reliable and eco-friendly urban housing solutions. Its innovative approach to property management and commitment to enhancing the rental experience make it a standout in the prop-tech industry, poised for substantial growth and impact.
Product Screenshots
Business Model
Rowstel's business model is centered around creating India's first organized chain of long-term rental accommodations with a focus on fully-furnished studio pod rooms. The company generates revenue through monthly rental services, leveraging technology and automation for bookings, payments, and operations. It owns properties and offers a range of amenities to provide a quality, affordable, and eco-conscious living experience for young professionals. By addressing the gap in the market for reliable long-term accommodations, Rowstel aims for significant growth, targeting urban areas across different city tiers.
Customers
based in
India
Business
Modal Type
Mobile App
Type of
Sales
B2B, B2C
Competitors
No Direct Competitors Yet.
Teams
Sharhabeel Parambil
Founder
Tell us a bit about how founding team knows
each other.
Personal Network
Why did you decide to start this
company?
To fill a gap in quality, affordable housing for India's young professionals and students, focusing on tech-enabled, eco-friendly living spaces that offer both community and convenience.
Are all the founders full-time on this
project?
No
Looking for an
opportunity to invest in companies
like Rowstel?
