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Villa Rental Startup Stayvista Raises Rs 40 Crore In Funding Led By Dsg Consumer Partners

Villa Rental Startup Stayvista Raises Rs 40 Crore In Funding Led By Dsg Consumer Partners

09/07/22, 12:45 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Money raised
₹400 million
Industry
vacation rental
leisure
tourism
hospitality
travel
Luxury villa rental startup StayVista has raised Rs 40 crore led by DSG Consumer Partners with participation from Capri Global and CA Holdings.

Company Info

Company
StayVista
Location
mumbai, maharashtra, india
Additional Info
The startup partners with luxury villa owners and provides them with manpower, operational expertise and marketing through its app and website. Damani said the company, founded in 2015, saw an opportunity as there was a lack of “experienced focussed brands”. Last year, the company made a revenue of about Rs 100 crore and aims to generate Rs 1,000 crore in 3-4 years. The company focuses on onboarding two categories, getaway destinations, which includes destinations near big cities like Delhi and Bengaluru, and holiday destinations like Goa and Kerala. “In India as well, we expect the segment to expand further and StayVista is well poised to make the most of this opportunity and build a category-defining brand in villa rentals.”

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