Embassy ' ’s partner Embassy Group has announced plans to enter the co - living market with a flagship project in Bengaluru targeting millennials and students . The first phase of the project will provide 20,000 beds up to 100,000 over the next five years . A second in Pune is also planned , competing with OYO , Nestaway and others . Our co-living spaces will be designed keeping in mind the evolving preferences and needs of our target customer base," said Kahraman Yigit, co-founder of Embassy’s co-living business, who has worked in student living and co-living firms in Turkey and has invested in the co-living venture. There are more than 35 million students in higher education in India and its migrant millennial workforce is rapidly expanding according to Embassy Group COO Vijay Virwani .
Embassy ' ’s partner Embassy Group has announced plans to enter the co - living market with a flagship project in Bengaluru targeting millennials and students . The first phase of the project will provide 20,000 beds up to 100,000 over the next five years . A second in Pune is also planned , competing with OYO , Nestaway and others . There are more than 35 million students in higher education in India and its migrant millennial workforce is rapidly expanding according to Embassy Group COO Vijay Virwani .