Housr, a co-living brand in India, announced the appointment of Parag Gupta as Chief Financial Officer.
On taking up this new role, Parag says, “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.”
He brings with him 18 years of extensive experience in setting up and scaling businesses with an eye for profitability and value creation for all stakeholders. Prior to taking up this role, Parag has led the finance and associated functions of A&T India, Paypal India, Nimbuzz and Shyam Spectra as a CFO and a strategic finance leader.
"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.
Housr, a full stack co-living platform, was founded in 2018 by real estate veterans, Deepak Anand and Kalpesh Mehta, to offer easy and hassle-free living for millennials. It 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. 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.