Scholar.com, the biggest scholar lodging platform globally, has elevated its stake in South African tech start-up, DigsConnect.com. The partnership will allow college students to simply entry lodging choices worldwide.
The transfer comes after Scholar.com initially invested an undisclosed quantity within the firm in mid-2022
In accordance with ,Luke Nolan,the founder and chief government of Scholar.com, discovering scholar lodging is usually a complicated and irritating course of, particularly if college students are trying to find lodging in a foreign country or language.
The funding is predicted to spice up the expansion of the corporate, providing extra alternatives for college kids to entry reasonably priced, protected, and handy lodging.
DigsConnect.com is presently the biggest scholar lodging platform in Africa. This partnership with Scholar.com is predicted to additional deepen their place available in the market.
The partnership is a major step in the direction of enhancing scholar lodging worldwide. By leveraging know-how, Scholar.com and DigsConnect.com simplifies the seek for appropriate lodging for college kids, no matter the place they’re on the earth.
Nolan believes that DigsConnect.com aligns with Scholar.com’s imaginative and prescient of constructing scholar properties instantly accessible in a wide range of cities on the contact of a button, saying “collectively, we’re offering peace of thoughts to a whole bunch of 1000’s of households across the globe.”
Nolan has been impressed with the efficiency of DigsConnect.com over the previous yr, in addition to the power and outcomes demonstrated by the workforce in South Africa. “DigsConnect.com is a longtime title in Southern Africa within the scholar lodging house, and we’re excited at furthering our endeavours collectively over the following yr,” he stated.
Procter, one of many co-founders of DigsConnect.com, stated that the workforce is now targeted on consolidating their place in Africa and the UK whereas exploring the US as a possible marketplace for African college students learning overseas.
“It’s been an unimaginable season for us to this point,” she stated. “This final week alone we processed tens of hundreds of thousands of Rands in lease worth for our landlords by means of the platform. 2023 is off to an outstanding begin!”