Elevate Campuses was originally incorporated as ‘Woodstock Ambience Private Limited’ on April 8, 2005. It owns, operates and manages on-campus student accommodation across Higher Education Institutions (HEIs) and own K-12 Assets. The company’s current capacity in the Pre-Acquisition Group enables it to cater to thousands of students and it is present across several cities in India and one city in United Arab Emirates (UAE). It enables HEIs and K-12 school operators (K-12 Operators) to offer quality learning environments that support student development and foster all-round growth. It operates its student accommodation business under the ‘Good Host Spaces’ and ‘ScholarZ’ brands. The company’s mission is to build inclusive educational communities by delivering modern student accommodation and K12 Assets that nurture student wellbeing and holistic development.

The company’s portfolio comprises both owned and managed assets. Its ‘Owned Portfolio’ comprises several student accommodation campuses totaling over thousands of beds (Owned Beds) across six Indian cities, and few K-12 Assets in Dubai (UAE). Its ‘Managed Portfolio’ comprises several student accommodation campuses, totaling over thousands of beds under management (Managed Beds), (Managed Portfolio). It also delivers community and campus technology services for its Managed Portfolio such as media coverage of HEIs and organizing community events at the HEIs (Community and Campus Technology Services).

The company’s comprehensive operating capabilities including deal sourcing, site selection, development, asset acquisition, asset repositioning and community engagement, enable it to streamline non-core operations for HEIs and K-12 Assets, allowing them to focus on delivering academic outcomes, ensuring skill development and managing academic curriculum which is core to their business. It also benefits from increased operational efficiency and superior service quality. It collaborates with leading educational institutions known for their academic outcomes, accreditations, faculty credentials, research contributions and placement records. These institutions include several campuses of Manipal Academy of Higher Education (MAHE), Manipal University, Jaipur (MUJ) and the Meraki Education (Meraki).

Business area of the company

The company is principally engaged in owning, operating and managing on-campus student accommodation across higher education institutions and leasing of properties to accredited educational institutions.

Awards and recognitions

• 2020: Awarded 5-star rating by the Green Rating for Integrated Habitat Assessment (GRIHA) Council, to its hostel block at Manipal University, Jaipur, the highest level of certification for environmental sustainability in building design and operations.

History and milestones

• 2005: Commencement of business operations and initial subscription to the Memorandum of Association by Umashankar Vishvanath and Smita Umashankar.
• 2009: Establishment of first facility, Woodstock Ambience in 2009.
• 2013: Acquisition of 99.99% of shareholding of the company by Manipal Integrated Services Limited.
• 2017: Acquisition of the following hostel undertaking for the following businesses: i) Manipal University Jaipur; ii) T.A.Pai Management Institute; and iii) County.
• 2017: Acquisition of shareholding of the company by Broad Street Investments Holding (Singapore) Pte. Ltd. and Stonebridge 2017 (Singapore) Pte. Ltd., respectively.
• 2018: Acquisition of 25.01% of its shareholding by Housing Development Finance Corporation Limited.
• 2019: Expansion of portfolio by acquisition of hostel undertaking of Shoolini University by one its Subsidiaries, Good Host Spaces (Shoolini) Private Limited.
• 2020: Infusion of capital by Broad Street Investments Holding (Singapore) Pte. Ltd., Stonebridge 2017 (Singapore) Pte. Ltd., and Housing Development Finance Corporation Limited, in the company.
• 2020: Acquisition of hostel undertaking of O.P. Jindal Global University, Sonipat by one of its Subsidiaries, Good Host Spaces (Sonipat) Private Limited.
• 2021: Sale of 25.01% of shareholding held by Housing Development Finance Corporation Limited in the company to Baskin Lake Investment Ltd.
• 2021: Acquisition of additional hostel undertaking of O.P. Jindal Global University, Sonipat by one of its Subsidiaries, Good Host Spaces (Jagdishpur) Private Limited.
• 2021: Infusion of capital by Broad Street Investments Holding (Singapore) Pte. Ltd., Stonebridge 2017 (Singapore) Pte. Ltd and Baskin Lake Investment Ltd, respectively.
• 2023: Acquisition of additional hostel undertaking of O.P. Jindal Global University, Sonipat by one of its Subsidiaries, Good Host Spaces (Jagdishpur) Private Limited.
• 2023: Acquisition of its entire shareholding by its Promoter, Genius Bidco from the erstwhile shareholders of the company, i.e., Broad Street Investments Holding (Singapore) Pte. Ltd., Stonebridge 2017 (Singapore) Pte. Ltd. and Baskin Lake Investment Ltd.
• 2025: Acquisition of asset-light on-campus student housing business from Zolostays Property Solutions Private Limited and branded it as ‘Scholar Z’.
• 2025: Concession agreement issued by IIT Madras for development of students hostels, pursuant to a letter of award issued for development of students hostels.
• 2025: Acquisition of 100% shareholding of Elevate UAE Assetco, Souk HIS Singapore, Souk HIS UAE, Souk NLCS Singapore and Souk NLCS UAE, pursuant to which the company acquired Hartland International School, Dubai and North London Collegiate School, Dubai.
• 2025: Acquisition of 100% shareholding of Data Ram Sons Private Limited by the company and by its erstwhile subsidiary, GHS North.
• 2026: Amalgamation of 100% shareholding of GHS North and GHS Dehradun into Data Ram Sons Private Limited pursuant to a scheme of amalgamation.
• 2026: Acquisition of business undertaking of Manav Rachna International Institute of Research and Studies and Uthan Educational Trust by its Subsidiary, GHS Accommodation.
• 2026: Acquisition of additional hostel undertaking of O.P. Jindal Global University, Sonipat by one of its Subsidiaries, GHS Sonipat II.