StayVista has successfully closed its Series B funding round, raising over INR 40 crore
The investment was spearheaded by JSW Ventures, alongside continued backing from current investors DSG Consumer Partners and Capri Global. This significant capital injection will empower StayVista to strategically expand into new markets, strengthen its service offerings, and elevate its already industry-leading guest and host experiences.
Pranav Maheshwari, Co-founder at StayVista said, “Over the past few years, we’ve quietly but consistently built a strong foundation for long-term growth. Along the way, we’ve achieved several meaningful milestones — turning profitable, scaling to over 1,000 luxury homes, and hosting more than a million guests. Each of these achievements is a reflection of the trust our homeowners and guests place in us. As we look ahead, we’re excited to build on this momentum and shape StayVista into not just India’s largest villa hospitality brand, but also the largest platform for alternative accommodations in India.”
Commenting on the investment, Sachin Tagra, Managing Partner at JSW Ventures said, “We are seeing a clear shift in preference of travelers from hotels to alternate sources of accommodation. With technology, standardization, and a strong customer-first philosophy, StayVista, being the largest player in this space, has a front row seat to capitalize on this trend. The founders have built a highly capital efficient business and we are excited to partner with StayVista as they continue to scale with multiple offerings.”
Hariharan Premkumar – Managing Director and Head of India from DSG Consumer Partners commented saying, “We’re excited to back StayVista for the third time. We first invested in 2019 — and soon after, the pandemic upended everything we had underwritten. Through one of the toughest periods in hospitality, Ankita, Amit, and Pranav demonstrated remarkable grit, adaptability, and execution discipline. They’ve navigated multiple inflection points with clarity and composure — emerging stronger each time. StayVista is now the market leader in luxury homestays, built with capital efficiency and long-term focus. The team is well on its way to building a sustainable, category-defining brand.”
StayVista stands as India’s leading villa rental platform, with over 1,000 properties in 100+ locations, serving over 1 million happy customers. Their 4.7-star average rating from 30,000+ reviews speaks of their commitment to quality.
Driven by increased disposable income and flexible work, domestic travel is soaring in India. The country’s villa rental market, valued at $22.3 billion, is set for strong growth, projected to reach $34.1 billion by 2029 with a 9% CAGR. Even more remarkable, the holiday home rental segment is the fastest-growing part of the travel sector, currently at $2.1 billion and expanding at a rapid 13.5% CAGR.
Read more: News
1 Comment