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{{Infobox company
{{Infobox company
| name = Amber
| name = Amber
| logo = Red box Serpentine Gallery (5127844545).jpg
| logo =
| logo_caption =
| logo_caption =
| industry = [[International real estate]], Student Accommodation
| industry = [[International real estate]], Student Accommodation
Line 18: Line 18:
| area_served = [[United Kingdom]], [[Ireland]], [[USA]], [[Australia]], [[Europe]]
| area_served = [[United Kingdom]], [[Ireland]], [[USA]], [[Australia]], [[Europe]]
}}
}}
'''Amber''' is a student accommodation booking platform that serves over 2 million students worldwide and helps students find residential accommodation. The company was launched in 2016 in [[Mumbai]], [[Maharashtra]]. Amber partners with universities, property management groups and study-abroad partners to help students find accommodations near campuses.<ref>{{cite web |title=Amber Enterprises India News - Amber Enterprises India Announcement, Latest News on Amber Enterprises India |url=https://economictimes.indiatimes.com/amber-enterprises-india-ltd/stocksupdate/companyid-67404.cms |website=The Economic Times |language=en}}</ref>
'''Amber''' is a student accommodation booking platform that serves over 2 million students worldwide and helps students find residential accommodation. The company was launched in 2016 in [[Mumbai]], [[Maharashtra]]. Amber partners with universities, property management groups and study-abroad partners to help students find accommodations near campuses.<ref>{{cite web |title=UK’s ‘juggernaut’ student-housing market attracts Asian capital |url=https://www.scmp.com/business/money/markets-investing/article/3232306/uks-juggernaut-student-housing-market-attracts-asian-capital-persistent-shortage-promises-lasting |website=South China Morning Post |language=en |date=27 August 2023}}</ref>

The company differentiates itself from other real estate marketplaces with a narrowed focus on the student housing market, connecting students to global accommodation providers.<ref>{{cite web |last1=Alibabic |first1=Lana |title=7 Type of Accommodation the Amber Student Seeks |url=https://www.edmchicago.com/accommodation-amber-student-seeks/ |website=EDM Chicago |date=1 December 2020}}</ref>

The company has established partnerships with universities, property management groups, and study-abroad organizations.<ref name="icef">{{cite web |title=Student housing investments jumped in 2022 but still lag behind demand |url=https://monitor.icef.com/2023/03/student-housing-investments-jumped-in-2022-but-still-lag-behind-demand/ |website=ICEF Monitor |date=22 March 2023}}</ref><ref>{{cite web |title=Amberstudent |url=https://www.timeshighereducation.com/student/student-services/amberstudent |website=Timeshighereducation |language=en |date=26 May 2021}}</ref>


The company differentiates itself from other real estate marketplaces with a narrowed focus on the student housing market, connecting students to global accommodation providers.<ref>{{cite web |last1=Alibabic |first1=Lana |title=7 Type of Accommodation the Amber Student Seeks |url=https://www.edmchicago.com/accommodation-amber-student-seeks/ |website=EDM Chicago |date=1 December 2020}}</ref><ref name="icef">{{cite web |title=Student housing investments jumped in 2022 but still lag behind demand |url=https://monitor.icef.com/2023/03/student-housing-investments-jumped-in-2022-but-still-lag-behind-demand/ |website=ICEF Monitor |date=22 March 2023}}</ref><ref>{{cite web |title=Amberstudent |url=https://www.timeshighereducation.com/student/student-services/amberstudent |website=Timeshighereducation |language=en |date=26 May 2021}}</ref>


==Background==
==Background==

Revision as of 04:50, 1 March 2024


Amber
Company typePrivate
IndustryInternational real estate, Student Accommodation
FoundedAug 06, 2016
FounderSaurabh Goel (CEO)
Madhur Gujar (CBO)
HeadquartersPune, Maharashtra, India
Area served
United Kingdom, Ireland, USA, Australia, Europe
Servicesaccommodation
Number of employees
600+ (Apr 2023)
Websiteamberstudent.com

Amber is a student accommodation booking platform that serves over 2 million students worldwide and helps students find residential accommodation. The company was launched in 2016 in Mumbai, Maharashtra. Amber partners with universities, property management groups and study-abroad partners to help students find accommodations near campuses.[1]

The company differentiates itself from other real estate marketplaces with a narrowed focus on the student housing market, connecting students to global accommodation providers.[2]

The company has established partnerships with universities, property management groups, and study-abroad organizations.[3][4]


Background

Saurabh Goel and Madhur Gujar, who were batchmates[clarification needed] at IIT Kharagpur, founded Amber in 2016. Goel had worked at Housing.com and co-founded Startuptoday, while Gujar had worked in Axtria consulting and co-founded Doubtbox.com. As students, they noticed a digital market for student accommodation and identified a need for a consolidated solution after witnessing their friends struggle to find suitable housing abroad.[citation needed]

The company was later rebranded as "amber" from AmberStudent in 2021. Amber collaborates with property management organizations globally to present lodging options on its platform. In 2017, the company scaled its operations to the top study-abroad destinations, USA, Canada, UK and Australia.[3]

Edumpus partnered with Amberstudent in 2022.[5] In the same year, the company launched amber+, which provides post-accommodation services such as creating a student bank account, applying for a loan, booking discounted flight tickets, landing internships, and more.[6]

By 2023, amber aims for 100,000 bookings with a gross value of $1 billion.[7]

Awards

References

  1. ^ "UK's 'juggernaut' student-housing market attracts Asian capital". South China Morning Post. 27 August 2023.
  2. ^ Alibabic, Lana (1 December 2020). "7 Type of Accommodation the Amber Student Seeks". EDM Chicago.
  3. ^ a b "Student housing investments jumped in 2022 but still lag behind demand". ICEF Monitor. 22 March 2023.
  4. ^ "Amberstudent". Timeshighereducation. 26 May 2021.
  5. ^ "Edumpus Partners With Amber Student For Easy Student Accommodations". Edumpus.
  6. ^ "News from the world of Education: January 9, 2023". The Hindu. 9 January 2023.
  7. ^ "Amber on track to drive $1 billion in gross booking value in 2023". Thepienews.com.
  8. ^ "FT ranking: Asia-Pacific High-Growth Companies 2022". Financial Times. 17 March 2022.