StayVista, a luxury villa rental platform, has raised over ₹40 crore in a Series B funding round led by JSW Ventures. The round also participation from existing investors, DSG Consumer Partners and Capri Global Family Office.
The funds raised will be used to expand into new geographies, further strengthen their team, and improve customer experience and supply-side strengths.
Founded in 2015 by Ankita Sheth, Amit Damani, and Pranav Maheshwari, StayVista is an online platform that connects travelers with vacation rentals in India. They specialize in offering a variety of properties, including luxury villas, bungalows, cottages, and homestays.
Initially, launched as Vista Rooms in 2015 the startup offered budget accommodations to users on its online platform but later pivoted its business to offer luxury properties and homestays on rent via StayVista.
The properties listed on StayVista’s platform are largely second homes owned by individuals. The company also partners with platforms including Airbnb, MakeMyTrip, Booking.com, and Homes & Villas by Marriott Bonvoy.
StayVista has 1,000+ operational properties across 85+ locations in India and has served over 1 million happy customers to date. The company operates three categories of properties under their umbrella, catering to the mass premium, premium, and luxury segments.
Apart from accommodation, the company also offers customizable F&B services, event curation & planning, and concierge services, among others, delivering a highly personalized and holistic experience for its travellers.
The company leverages technology to streamline the entire vacation rental ecosystem, offering guests a seamless booking platform while empowering property owners with comprehensive property management, operations oversight, and booking optimization tools.
Pranav Maheshwari, Co-Founder at StayVista said, “Over the past few years, we have quietly but consistently built a strong foundation for long-term growth. Along the way, we have 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 are 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.”
Sachin Tagra, Managing Partner at JSW Ventures said, “We are seeing a clear shift in preference of travellers 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.”
