Startup Stories: Pajasa Apartments

What does Pajasa Apartments do? Tell us about your entrepreneurial product or service.

We provide all the exclusive Services of a hotel with the privacy and warmth of a home without compromising on service standards. We offer you more space, more privacy and more congeniality at a cheaper rate as compared to any budget hotel or luxury service apartments. We provide solution for those businessmen who mostly have to move out of their towns for business purposes by providing them accommodation in Mumbai, Bangalore, Delhi, Pune, Hyderabad, Chennai, Gurgaon, Noida & other major cities where getting a home is very difficult task.

What inspired you to launch Pajasa Apartments?

Many a times it happens that start up companies expend much of the resources in marketing with the hope that it will bring in sales, which is not always the case. PAJASA is focused more on the sales aspect rather than marketing. We have put zero budget for fanciful things like branding, app design, promotions through offers and discounts etc. We believe in delivering quality service with a personal touch and unfailing commitment. The best way the sales are incremented are when a client comes back for repeated purchases, and that happens only when he is has a good first time experience.

What problem does Pajasa Apartments solve?

When we compare the different kinds of travels like work, leisure etc. it is corporate travel that constitutes most of them. Also, due to globalisation and multiple work locations, corporate travel segment has the highest growth rate, especially ones which require long term stays of 15 days to 3 months. The admin department is then burdened with the responsibility of finding a service apartment in the desired location, in the required timeframe, with the required quality and budget. We at PAJASA are the one stop solution for companies for getting the best quality serviced apartments in multiple locations, within the specified budgets and even at last minute notifications.

What has been your biggest challenge starting Pajasa Apartments and how are you working to overcome it?

PAJASA started operations in December 2014 as a service apartment aggregator with the mission statement of “Your second home in every city”. We set up our office in Powai, which is well known as the start up hub of Mumbai. There were many challenges but we grew strength by strength and in the financial year of 2015-16, we did business of INR 20 million with over 75 corporate clients. Almost 90% of the business came from corporate houses and companies which deploy their workforce on sites ranging from a week to 6 months or more, sometimes with family. All the hard work and intense research had borne fruit. The fact that service apartment industry in India is still at a nascent stage with a massive scope for growth was the primary motivation for me to venture into this industry. The immense scope can be gauged by the fact that Indian Service apartment market is less than 1% of the international market. I started alone and today we are a team of 6 and I can say proudly that our revenue generated per employee is higher than many other start ups. From an inventory of just 10 apartments in Powai to covering over 500 apartments in more than 100 locations in Mumbai, Pune and Bangalore, we have come a long way indeed. Our target for next year is to add 10 cities and 5000+ apartments to our inventory.

Give us one word that people might use to describe you.

Corporate Service Apartment Aggregator

What milestone do you hope Pajasa Apartments will have surpassed one year from now?

1. $3,00,000 Revenue in financial year 2015-2016.
2. Growth target is 150% for current financial year as marker growth can be achieved 500%.
3. No single player exists in India who can cater service apartment requirement through out INDIA, Let forgot about international Market.
4.Customer acquisition cost is very less and number of repeated booking with average ticket size of $750 each.
5. Market size to grow upto $ 50 Billion upto 2020.

How has Project Eve helped you and orPajasa Apartments?

By listing my Company profile on your portal.

Give us an insider tip that relates to your industry or the startup story for Pajasa Apartments

We would like to introduce ourselves as one of the fastest growing companies in the corporate service apartments aggregator sector.We have well-established, luxury Service Apartments in Bangalore, Mumbai, Pune, Chennai & Delhi etc.

The 411 on Pajasa Apartments:

Company Name: Pajasa Apartments
Website:
Pajasa Apartments was founded in:
2014
Pajasa Apartments is located in:
Powai, Mumbai
Follow Pajasa Apartments on social media here:

https://www.facebook.com/pajasaapartments
, https://plus.google.com/+Pajasaapartments, https://www.youtube.com/user/pajasaapartments

Please submit your story to the largest archive of entrepreneurial startup stories in the world so, together, we can motivate women in business to think beyond traditional boundaries, support one another, embrace change and view challenges as opportunities. Whether you are a small business owner, a freelancer, a serial entrepreneur, own an online business, operate a storefront on Main Street, or even moonlight with an amateur blog our 500,000+ community would like to hear your Startup Story! Answer seven short questions to create a blog of your story today!

131 COMMENTS

  1. Can I simply say what a relief to find someone who truly is aware of what theyre talking about on the internet. You undoubtedly know the best way to bring a difficulty to light and make it important. More folks need to learn this and understand this side of the story. I cant imagine youre no more fashionable because you undoubtedly have the gift.

  2. Normally I do not read article on blogs, however I wish to say that this write-up very pressured me to take a look at and do it! Your writing style has been amazed me. Thanks, very great article.

  3. I’m impressed, I have to admit. Genuinely rarely should i encounter a weblog that’s both educative and entertaining, and let me tell you, you may have hit the nail about the head. Your idea is outstanding; the problem is an element that insufficient persons are speaking intelligently about. I am delighted we came across this during my look for something with this.

  4. I think that is one of the such a lot vital info for me. And i am glad studying your article. But want to statement on some normal things, The site style is ideal, the articles is actually nice : D. Good job, cheers

  5. you are really a excellent webmaster. The website loading velocity is incredible. It seems that you’re doing any unique trick. Furthermore, The contents are masterwork. you have done a fantastic task in this topic!

  6. Thank you for another informative site. The place else may just I am getting that type of info written in such a perfect means? I’ve a mission that I am just now running on, and I have been at the glance out for such info.

  7. Great post however I was wondering if you could write a litte more on this topic? I’d be very grateful if you could elaborate a little bit more. Kudos!

  8. I’m also commenting to let you be aware of of the wonderful experience my wife’s girl found studying your web page. She figured out a good number of details, most notably how it is like to have an incredible giving spirit to get most people very easily have an understanding of a variety of complicated matters. You actually surpassed readers’ expectations. Thanks for churning out these insightful, safe, informative not to mention unique tips on that topic to Mary.

  9. What i do not realize is in reality how you are not really a lot more smartly-liked than you may be right now. You are very intelligent. You realize thus significantly relating to this subject, produced me in my view consider it from so many varied angles. Its like women and men aren’t involved unless it is something to do with Woman gaga! Your individual stuffs nice. All the time handle it up!

  10. Hi there! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no back up. Do you have any methods to stop hackers?

  11. I was wondering if you ever considered changing the structure of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or 2 images. Maybe you could space it out better?

  12. Does your blog have a contact page? I’m having a tough time locating it but, I’d like to send you an email. I’ve got some recommendations for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it develop over time.

  13. You really make it appear really easy together with your presentation however I to find this topic to be really one thing that I think I might by no means understand. It seems too complicated and extremely wide for me. I’m looking forward for your subsequent post, I’ll try to get the hold of it!

  14. Great work! This is the type of information that are meant to be shared around the net. Shame on the search engines for not positioning this publish higher! Come on over and discuss with my web site . Thank you =)

  15. I was wondering if you ever considered changing the page layout of your blog? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or 2 images. Maybe you could space it out better?

  16. Awesome website you have here but I was wanting to know if you knew of any forums that cover the same topics discussed in this article? I’d really love to be a part of community where I can get advice from other experienced people that share the same interest. If you have any suggestions, please let me know. Cheers!

  17. I am not sure where you are getting your info, but good topic. I needs to spend some time learning much more or understanding more. Thanks for excellent information I was looking for this information for my mission.

  18. I’m impressed, I have to admit. Genuinely rarely should i encounter a weblog that’s both educative and entertaining, and let me tell you, you may have hit the nail about the head. Your idea is outstanding; the problem is an element that insufficient persons are speaking intelligently about. I am delighted we came across this during my look for something with this.

  19. Just want to say your article is as amazing. The clarity on your post is just nice and i could suppose you are an expert in this subject. Well with your permission let me to grasp your RSS feed to keep updated with coming near near post. Thanks a million and please carry on the gratifying work.

  20. Once I originally commented I clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I get four emails with the same comment. Is there any manner you’ll be able to remove me from that service? Thanks!

  21. Undeniably believe that which you stated. Your favorite reason seemed to be on the web the simplest thing to be aware of. I say to you, I certainly get annoyed whilst other folks think about issues that they plainly do not understand about. You managed to hit the nail upon the highest as well as defined out the entire thing with no need side-effects , folks can take a signal. Will probably be again to get more. Thanks

  22. I’m impressed, I have to admit. Genuinely rarely should i encounter a weblog that’s both educative and entertaining, and let me tell you, you may have hit the nail about the head. Your idea is outstanding; the problem is an element that insufficient persons are speaking intelligently about. I am delighted we came across this during my look for something with this.

  23. I would also love to add when you do not actually have an insurance policy or you do not belong to any group insurance, you will well gain from seeking aid from a health broker. Self-employed or individuals with medical conditions usually seek the help of an health insurance specialist. Thanks for your text.

LEAVE A REPLY

Please enter your comment!
Please enter your name here