Prabhat Kumar Tiwary
Founder, CEO & Managing Director, YourOwnROOM
Board Member in multiple start-ups
Sloan Master Fellow – Stanford Business School, US
BE Computer Sc – Birla Institute of Technology, Mesra
About ME
I am an alumnus of Stanford Business School with over 29 years of experience in technology enterprises and startups. I am the Founder, CEO & Managing Director of YourOwnROOM, a prop-tech residential real estate rental & property management company with a vision to deliver higher economic returns to both individual & institutional property owners over the property lifecycle. Our Asset Under Management is 1 million square feet valued at over $50 M across Bangalore and Pune.
I am very passionate about technology-based start-ups, and I like to work with Founders at the Board level to help them build impactful Products & Solutions with strong economics and then profitably scale them. I am on the Board of Directors of College Counselling Coach which is my passion project. It is a boutique EdTech business that offers multi-year end-to-end solutions for college admissions abroad. I am also on the Board of Directors of YourGreenCanvas, a flourishing business, catering to greenspace solutions for homes and offices in India, and on the Advisory Board for Jomiso, a full-suite climate change and water resource consulting firm.
Prior to this, I was Sr Vice President at Xchanging (DXC), managing a $30 million P&L IT application services business. I have worked in senior leadership and management positions in building and managing P&L of up to $100 million at Hewlett-Packard, MphasiS, Zensar, Ness, ARI, and Wipro. I also hold a bachelor’s degree in computer engineering from the Birla Institute of Technology, Ranchi.
Topics I Am Passionate About
Proptech & Real Estate
Future of Residential Real Estate will no longer just be about the Asset. You will see that the next wave of Supply will be Demand led. This will lead to increased focus on rentals and property management and will eventually lead to the rise of Compact & Affordable Homes and Alternate Assets.
The real value of the asset will unfold when you apply a prop-tech based service layer on top of the residential asset thus channelling the asset towards an unmet demand and hence monetising the same for higher rental yields and increased capital appreciation.
How PropTech Is Redefining Residential Real Estate
With a PropTech investment of more than $551 million in India itself, real estate disruption is rising. The...
De-Mystifying REIT: Real Estate Investment Trust
Real Estate Investment Trusts (REITs) are undoubtedly the safest investment options in the Indian market...
Rental & Property Management Companies
Real estate industry in India is expected to grow five-fold to $1 trillion by 2030 and a significant...
Startups
The foundation for building a start-up should come from a strong and visible need or problem. Founders should focus on solving real-world problems, with several in fundamental sectors. Founders should build a Product, test it in the market and make necessary pivots before scaling it.
Founders should take a holistic view of the Business across Investments, Strategy, Product Development, Marketing and Sales, Operations, Technology, Compliance, Finance, Accounting, and People. And finally, founders must be laser-focused on Revenue Generation, Profitability, and, more importantly, Cash flow management. Remember, Revenue is vanity, Profitability is sanity, and Cash is reality.
Start-up Investment Basics: What to prepare before you pitch for your start-up?
Regardless of how inventive, calculated, or beneficial your business idea is - if you can't draw in...
A Beginner’s Guide on How to Build a Start-up Team That Always Wins
Regardless of how solid a plan you have, the future of your startup, inevitably, lays on the shoulders of...
Home is the defacto workplace and “WFH” the new normal!
Did we ever think that words like “Social Distance”, “Lockdown” and “Quarantine” will become such an...
Study Abroad
While guiding students and parents for college admissions, I realised most lacked resources or guidance on applying to colleges abroad. While applying to Stanford GSB and other similar colleges, I understood that for admissions abroad, one needed meticulous planning and method to stand a fair chance at being accepted. The education system outside India offers great learning opportunities across multiple streams and enables the young student to derive the best out of his potential, thanks to the gamut of options available at universities abroad.
However, It is evident that most students and their parents lack the knowledge and information to apply for colleges abroad. The selection process for universities abroad is a holistic multi-year process that looks at 4 tangibles – Academics GPA, SAT/TOEFL/GRE/GMAT Score, Overall Profile, and Quality of College Application Responses like Essays and Activities and LORs.
I strongly believe that the solution is to have a structured program for high school students that they can work through in a focused manner, making their interests and talent show up in the form of tangible, concrete experience and achievements. The idea is to guide students to straddle academic and co-curricular grounds with equal emphasis so that they can pull a stellar academic performance buttressed by a strong co-curricular profile – both of which are critical aspects that each college seeks in an aspirant.
My Core Responsibility
YourOwnROOM
My full-time job is focused as the Founder, CEO & Managing Director of YourOwnROOM, a leading prop-tech residential real estate rental & property management company with a vision to deliver higher economic returns to both individual & institutional property owners over the property lifecycle. Our Asset Under Management is 1 million square feet valued at over Rs. 400 crores ($50 M) spread across 400 properties in Bangalore and Pune.
My Passion Project
College Counselling Coach
Having helped hundreds of students in their admissions journey to colleges in the US, UK, and Europe, I was convinced that I could do this on a much larger scale, and with greater efficacy if I were to have a tech-based program to enable aspiring students to fulfill their study abroad dreams. I started College Counselling Coach as a Passion project with the primary goal of guiding students and parents to secure admission to top universities abroad in the major of their liking. Being on the Board of Directors of College Counselling Coach, the vision for the company is simple and straight for me – we want to enable each student to arrive at the best fit for the right streams and the right college, both of which are aligned to his/her future career goals.
Companies I Advise
YourGreenCanvas
I am on the Board of Directors of YourGreenCanvas, a flourishing business, catering to greenscape solutions for homes and offices in India.
My Areas of Expertise
I am passionate about advising and helping technology-based startups build and grow. I bring rich experience, expertise, learnings and a network as a Board Member or Board advisor to several emerging startups and like to advise and work with them to scale them exponentially and profitably with strong fundamentals.
In the Media
Let’s Chat
Do you have a story to tell? Or a burning desire to solve a real-world problem? I’d love to listen over a cup of coffee!